Head of Trading Risk

About BybitEstablished in 2018, Bybit is one of the world's leading cryptocurrency exchanges and digital financial platforms, serving over 80 million users across more than 200 countries and regions. Powered by world-class technology and a user-first mindset, Bybit delivers a seamless ecosystem across trading, payments, wealth management, custody, institutional services, and Web3 — connecting users to the future of digital finance.Our core values define how we build. We listen, care and improve to create products and experiences that put users first. Backed by a global team of ambitious builders, problem-solvers, and innovators, we foster a high-performance and fast-moving environment where talent is empowered to drive real impact at global scale. Supported by 24/7 multilingual customer service and a strong commitment to innovation, we are shaping the future of finance through technology, collaboration, and bold execution.Today, Bybit is recognized as one of the most trusted and transparent platforms in the digital asset industry, continuing to expand its global presence while building the infrastructure for the next generation of financial services.About the RoleWe are looking for a senior leader to head our newly formed Trading Risk team. This is a critical leadership role created as part of a strategic reorganization to consolidate all trading product-risk-related functions across our trading verticals into a single, dedicated team. The Head of Trading Risk will own end-to-end business risk operations and logic design across multiple product lines, reporting directly to senior leadership.Key ResponsibilitiesTeam Leadership & StrategyLead and grow the Trading Risk team, setting the strategic vision for business risk management across the organizationBuild a high-performing, risk-focused culture with strong accountability and ownershipDefine team OKRs, establish performance standards, and drive continuous improvementCollaborate closely with Product, Engineering, and Operations teams to embed risk thinking into product developmentRisk Coverage — Multi-Product Line OversightOwn Trading Product Risk operations and logic design across:Spot Trading — market risk, counterparty exposure, and trading anomaly detectionDerivatives (Futures, Options, CFD, Perps) — margin risk, liquidation logic, settlement risk, and position limitsLoan / Earn — collateral risk, interest rate risk, and protocol-level exposure managementDesign and maintain risk control frameworks, alert systems, and escalation protocols for each product lineConduct ongoing risk assessments for new product launches and feature changesProvide risk-related logic design recommendations and improvement proposals for all business unitsOperational Risk ManagementOversee real-time risk monitoring systems and ensure timely incident responseDefine and enforce risk parameters (position limits, margin requirements, circuit breakers, etc.)Lead post-mortem analysis on risk incidents and drive systematic remediationWork with the Engineering/Tech team to ensure risk control systems are robust, scalable, and properly maintainedRequirementsMust-Have8+ years of experience in risk management within financial services, fintech, or crypto/digital assets3+ years in a leadership role managing risk teams (team size 5+)Deep understanding of derivatives risk (futures, options, perpetual swaps, CFDs) — including margin models, liquidation engines, and settlement processesExperience with multi-product risk management covering at least 3 of: spot, derivatives, lending, earn/yield productsStrong quantitative background — ability to design and validate risk models, parameters, and control logicExcellent communication skills — able to translate complex risk concepts for product and business stakeholdersProven ability to build and scale risk teams from the ground up or through significant transformationAI-first mindset — actively leverages AI/ML tools and techniques to enhance risk detection, automate workflows, and improve decision-making efficiencyProgramming proficiency in Python and/or C++ — able to build risk models, prototype monitoring tools, and work directly with quantitative codebasesFluent in English; proficiency in Mandarin Chinese is strongly preferredNice-to-HaveExperience in crypto/digital asset exchanges or high-frequency/algorithmic trading environmentsBackground in TradFi risk management (banks, prop trading, hedge funds) transitioning to cryptoFamiliarity with market surveillance tools and techniquesExperience with risk-related system architecture and working closely with engineering teamsAdvanced degree (MSc/PhD) in quantitative finance, financial engineering, mathematics, or related fieldWhat We OfferDirect leadership of a strategically important, newly formed team with executive visibilityOpportunity to define risk frameworks from the ground up across an expanding product ecosystemCompetitive compensation package commensurate with experienceFast-paced environment with real impact on business decisionsWhy to JoinAt Bybit, we are committed to fostering a supportive and enriching work environment. Our benefits include:Modern Workspace: Work in Austria's tallest office building, offering state-of-the-art facilities and panoramic views of Vienna.Study Growth Fund: We support your professional development and continuous learning.Internal Events: Participate in regular team-building activities, workshops, and events designed to promote collaboration and innovation.Global Collaboration: Be part of a diverse, international team, working alongside colleagues from around the world.Career Advancement: Access opportunities for growth and advancement within a rapidly expanding global company.