Operational Risk Manager
What legal & compliance roles in crypto pay
96 salaries · our own dataThis role pays $175k-$225k, above the $173k median for legal & compliance roles in crypto on this board.
As an Operational Risk Manager at DV Trading, you will oversee market access and pre-trade risk controls, trading limit review, and operational incident management for a proprietary trading firm operating across North America, Europe, and Asia. You'll work directly with Trading, Technology, Risk, and Compliance teams to investigate issues, drive work across multiple teams, and support the firm's trading operations and regulatory initiatives.
What you'll do
- Manage market access and pre-trade risk controls
- Perform trading limit review and control testing
- Manage operational and trading incidents, including independently investigating issues and driving work across multiple teams to completion
- Work directly with traders and Technology teams on risk matters
- Prepare risk-related documentation and respond to information requests, reviews, and counterparty risk questionnaires
- Support new trading businesses, products, systems, and regulatory initiatives
- Improve and automate risk processes
- Develop policies and procedures
What you bring
- Approximately 5-10 years of relevant experience in operational risk, trading risk, electronic trading controls, or a related financial markets role
- Strong understanding of market access and pre-trade risk controls, trading limits, control testing, and incident management
- Experience working directly with traders and Technology teams
- Strong written and verbal communication skills
- A Bachelor's degree
- The ability to independently own and drive work to completion
- Strong analytical and problem-solving skills
- The ability to work effectively with Trading, Technology, Risk, and Compliance across different teams, personalities, and seniority levels
Nice to have
- Experience at a proprietary trading firm, market maker, broker-dealer, or other fast-paced trading environment; experience at larger financial institutions supporting electronic execution or algorithmic trading businesses
- Experience preparing risk-related documentation and responding to information requests, reviews, or counterparty risk questionnaires
- Experience with clearing and executing broker risk questionnaires
- Policy and procedure development experience
- Experience supporting new trading businesses, products, systems, or regulatory initiatives
- Experience improving or automating risk processes
What we offer
- Base salary range of $175,000-$225,000 USD
- Discretionary bonus eligibility
- Medical, dental, and vision insurance
- HSA, FSA, and Dependent Care options
- Employer-paid Group Term Life and AD&D insurance
- Voluntary LTD, Life, and AD&D insurance
- Flexible vacation policy
- Retirement plan with employer match
About DV Trading
Founded 20 years ago and headquartered in Chicago, DV Trading is an independent proprietary trading firm with more than 600 employees across North America, Europe, and Asia. The DV Group of financial services firms includes two broker-dealers, a cryptocurrency market-making firm, and an investment adviser, providing liquidity to worldwide financial markets and hedging opportunities to commodity producers and users.
