Summary
Bybit is a cryptocurrency exchange and digital financial platform. The Chief Risk Officer will establish and oversee the risk management framework for exchange and clearing operations conducted in or from ADGM. The role covers market, clearing and settlement, liquidity, collateral, operational resilience, technology, cybersecurity and systemic risks, and includes reporting to the Board and liaising with the FSRA. Candidates should have significant risk management experience in exchanges, clearing houses, capital markets, financial market infrastructure or virtual asset businesses, and a strong understanding of ADGM requirements.
The posting
As published on bybit.com. Pulled from the employer's site and shown as they wrote it.
About Us
Established 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 the 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.
Role Overview
The Chief Risk Officer (CRO) is responsible for establishing and overseeing the risk management framework for the firm's exchange and clearing operations conducted in or from ADGM. The role provides independent oversight of risks impacting market integrity, clearing and settlement activities, liquidity, operational resilience, and the overall stability of the exchange and clearing ecosystem.
Key Responsibilities
Develop, implement, and maintain the risk management framework in accordance with applicable FSRA Rules, FSMR, and Market Infrastructure Rules (MIR).
Oversee risk governance processes covering market, clearing and settlement, liquidity, collateral, operational resilience, technology, cyber security, outsourcing, and systemic risks.
Monitor the overall risk profile of the exchange and clearing operations and ensure material risks are managed within approved risk appetite.
Oversee frameworks relating to margin methodologies, collateral management, liquidity monitoring, stress testing, and default management.
Provide independent risk oversight and challenge over exchange operations, clearing activities, market structure changes, participant onboarding, and new products.
Conduct stress testing, scenario analysis, reverse stress testing, and recovery planning exercises to assess the resilience of the market infrastructure.
Assess risks relating to market abuse, participant exposures, operational disruptions, and systemic events.
Oversee the development and maintenance of risk policies, procedures, risk indicators, and reporting frameworks.
Prepare regular risk reports for the Board, Risk Committee, and senior management.
Liaise with the FSRA on risk management matters, regulatory reviews, inspections, and supervisory engagements.
Promote a culture of risk awareness, market integrity, and operational resilience across the organisation.
Requirements
Bachelor's degree in Risk Management, Finance, Economics, Accounting, Law, Mathematics, Engineering, or a related discipline.
Significant experience in risk management within exchanges, clearing houses, capital markets, financial market infrastructure providers, or virtual asset businesses.
Strong understanding of ADGM regulatory requirements, including Market Infrastructure Rules and financial market infrastructure risk principles.
Experience overseeing market, clearing, settlement, liquidity, collateral, or operational resilience risk frameworks.
Experience engaging with regulators, Boards, and senior stakeholders.
Strong analytical, communication, and stakeholder management skills.
Profile
Strategic thinker with strong commercial judgement and sound risk management expertise.
Able to provide independent challenge while balancing innovation, growth, and market integrity.
Demonstrates high integrity, accountability, and professionalism.
Comfortable operating within a highly regulated and systemically important environment.
Passion for financial markets, digital assets, and emerging technologies.
Embraces the use of AI and technology to enhance risk monitoring, surveillance, stress testing, and operational resilience.
Why Join Us
At Bybit, we are committed to fostering a supportive and enriching work environment.
Our benefits include:
- 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.
- Internal Mobility: Grow with us- Your long-term development is important to us. We offer internal job opportunities to help build your career path.