Head of Risk

Keyrock is seeking a Head of Risk to own and develop the firm's risk function end-to-end. This is a senior leadership role with direct accountability for designing, implementing and enforcing a firm-wide risk framework across all activities. You will work across trading (spot and derivatives), treasury and investments, with full oversight of exposures in both centralized and decentralized environments. You will co-design the firm's risk architecture with the COO and CIO, covering data, analytics and real-time risk aggregation, while setting the standard for risk culture and enabling the firm to scale.

What you'll do

• Develop and maintain a quantitative risk framework grounded in modern risk theory, including market, credit, liquidity and systemic risk modelling, leveraging concepts such as tail risk, extreme value theory, dependence structures and stress testing
• Co-design and implement the firm-wide risk management system in close collaboration with the COO and CIO, including data architecture, risk aggregation layers, real-time monitoring capabilities and reporting infrastructure across all business lines
• Build an integrated risk view across centralized and decentralized venues, covering exchange risk, counterparty risk, smart contract risk, collateral efficiency and liquidity fragmentation
• Define and implement advanced risk metrics (VaR, Expected Shortfall, stress scenarios, liquidity-adjusted risk, concentration risk) and ensure their consistent application across trading, treasury and investment activities
• Translate traditional financial risk methodologies into crypto-native environments, adapting models to account for 24/7 markets, fragmented liquidity, funding dynamics, on-chain transparency and new failure modes such as oracle risk and protocol risk

What you bring

• Strong foundation in quantitative risk management, including hands-on experience with market risk, credit risk and liquidity risk modelling
• Demonstrated ability to design and implement risk models, including tail risk estimation, scenario analysis, stress testing frameworks and dependence modelling across asset classes
• Proven experience designing or co-designing firm-wide risk systems, working closely with technology and operations to translate risk requirements into scalable infrastructure
• Experience operating at the intersection of traditional financial markets and digital assets (CeFi and/or DeFi), with a strong understanding of differences in market structure, risk transmission and infrastructure
• Practical knowledge of crypto-specific risks, including exchange and custodian risk, smart contract risk, protocol risk, funding and basis dynamics, and collateral management in both centralized and decentralized environments

What we offer

• A competitive salary and global benefit package
• Annual team retreats dedicated to strategy, celebrating wins and team activities
• Semi-flexible working hours and autonomy in time management

About Keyrock

Keyrock is a global, remote-first liquidity provider founded in 2017, with 200+ people across 40+ nationalities and hubs in Brussels, London, Paris and New York. The firm provides liquidity across 80+ centralized and decentralized exchanges and runs a full spectrum of capital markets businesses including market making, high-frequency trading, options, OTC, DeFi trading desks, advisory and asset management. Keyrock is backed by SC Ventures and is building agentic investment banking capabilities for digital finance.