About the company
About OKX OKX is a leading crypto trading app, and a Web3 ecosystem. Trusted by more than 20 million global customers in over 180 international markets, OKX is known for being the fastest and most reliable crypto trading app of choice for investors and professional traders globally. Our Singapore office is a Product and Engineering hub and we are in the progress of expanding our teams in Singapore for the continuous growth of our global business. We build and maintain core trading platform with millions of daily active users. Design, Product and Engineering teams work cross-functionally to identify customer needs, and ship high-quality new features through fast iterations.
Job Summary
What You'll Be Doing
šOverall responsibility for the ongoing development, application and review of an effective Risk Management framework. šDevelop and implement risk management processes and controls having regard to the size and complexity of the OKXās business by: designing, developing and implementing the Risk Management framework to deliver adequate identification, reporting, escalation, management and mitigation of risks; šoperating the Risk Management Function in accordance with the GFSC DLT Principles, any other applicable regulation and best practice; discovering and assessing short/medium/long-term emerging risks, analyzing internal and external events; developing a risk appetite framework and defining and documenting the annual Risk Appetite Statement and risk tolerance limits for all risk categories; šproviding overviews of the actual risk and liquidity levels for OKX UK's, in comparison to documented limits and appetites; monitoring and reporting of OKX UK's overall risk profile and compliance with the risk limits; reporting details of breaches to risk limits and analysis of likelihood of future breaches; šdeveloping an appropriate stress testing programme in line with OKXās key risks and reporting on the results of stress testing; providing input on financial and non-financial risks in relation to capital planning; šdeveloping appropriate business continuity and recovery plans; working collaboratively with risk owners to ensure risks are identified, documented and managed appropriately; šproviding oversight and challenge to operational processes, in particular in assessment of the risks connected with product features; managing risks in respect of deviations from operational processes and operational failures, overseeing and reporting on the steps taken to remediate these; šproviding input on suggested remedial action required to address relevant risks; šproviding regular risk reports to the Boards; advising the Board on the impact on OKXās risk profile and associated šrisks of strategic and operational decisions; establishing and maintaining risk management policies and procedures; operating an appropriate training programme on risk management best practices; and šadvising on and implementing appropriate risk treatments (avoidance, acceptance, reduce - i.e. mitigating controls, transfer etc).
What We Look For In You:
š8+ yearsā experience of working at senior management level within a risk management function, including knowledge and responsibility of establishing and operating a risk management framework. šIdeally, recent crypto exposure and a keen interest in crypto. šExperience of working in a financial services regulated environment. šAbility to effectively communicate with relevant stakeholders and provide practical, actionable and value added recommendations. šRecognized Risk Management qualification, e.g. CRM, IRM, PRMIA is advantageous.