Head of Risk

As Head of Risk at Keyrock, you 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 with a global, remote-first team of 200+ people across 40+ nationalities, operating liquidity across 80+ centralized and decentralized exchanges. The role requires strong quantitative risk expertise and the ability to apply rigorous methodologies to complex, real-time markets across both traditional finance and digital assets.

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 such as VaR, Expected Shortfall, stress scenarios, liquidity-adjusted risk and concentration risk, ensuring 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
• Have full oversight of risk across trading (spot and derivatives), treasury and investments, including exposures across CeFi and DeFi environments, defining risk appetite and ensuring disciplined risk-taking across the organization

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 in 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

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

About Keyrock

Since 2017, Keyrock has been a change-maker in digital assets. The company is a global, remote-first team of 200+ people across 40+ nationalities, with hubs in Brussels, London, Paris and New York, providing liquidity across 80+ centralized and decentralized exchanges. Keyrock runs a full spectrum of capital markets businesses across centralized and on-chain venues: market making, high-frequency trading, options, OTC, DeFi trading desks, advisory and asset management.