Risk Governance Senior Specialist

About the team & role

As a Risk Governance Senior Specialist, you will act as 2nd line of defense for our derivatives trading platform and support implementation and management of the risk management programs for the Bitstamp Financial Services (BFS) Entity.

This role is based in our Luxembourg office, with in-person attendance expected at least 3 days per week.

At Bitstamp by Robinhood, we believe in the power of in-person work to accelerate progress, spark innovation, and strengthen community. Our office experience is intentional, energizing, and designed to fully support high-performing teams.

What you’ll do

• Support the Director of Risk to implement and manage the risk management programs for the Bitstamp Financial Services (BFS) Entity.
• Collaborate with process owners to facilitate appropriate management and control of all risks for the BFS entity.
• Manage the monitoring activities to minimize exposure to all Financial and Operational risk types impacting the BFS Entity.
• Analyze risk models to measure, monitor, and manage risk exposure across various derivatives products and trading strategies.
• Oversee the margin and collateral management process, including setting margin requirements, monitoring collateral adequacy, and managing margin calls effectively.
• Assess and manage counterparty risk exposure arising from trading relationships with counterparties, including exchanges, clearinghouses, and other trading partners.
• Conduct stress testing and scenario analysis to assess the impact of adverse market conditions and extreme events on the derivatives portfolio and develop contingency plans accordingly.
• Complete quarterly Regulatory submissions required under MiFid license, such as capital requirement calculation (ICAAP) and numeric reporting including calculation of prudential quantitative risk indicators.
• Build or enhance existing internal capital/liquidity models taking into consideration the new risks arising from the offering of derivatives trading in BFS entity.
• Participate in development of key risk and early warning indicators and monitoring as well as reviews of Risk Appetites.
• Drive a risk-aware culture, including facilitation of any regulatory required risk related training.
• Report findings to the management and regulatory authorities, highlighting key risk metrics, exposures, and mitigating actions.
• Collaborate closely with other departments, Operations, Compliance, Legal, and Technology, to ensure that risk management considerations are integrated into business processes and decision-making.

What you bring

• 5+ years of experience in risk management, audit, or another related field control function. If in brokerage or derivatives trading firm is an asset.
• Excellent analytical skills and attention to detail, with the ability to interpret complex data and identify actionable insights.
• Good understanding of the applicable MiFiD regulatory framework (especially Derivative).
• Good knowledge of the components of a balance sheet and drivers of income.
• Ability to operate independently & tolerance for ambiguity.
• Effective communication and presentation skills.
• Knowledge of the blockchain and virtual currency environment is an asset.
• Excellent knowledge of English language (written and verbal).
• Police Clearance Certificate.