BitGo is the leading infrastructure provider of digital asset solutions, delivering custody, wallets, staking, trading, financing, and settlement services from regulated cold storage. Since our founding in 2013, we have focused on enabling our clients to securely navigate the digital asset space. With a global presence and multiple Trust companies, BitGo serves thousands of institutions, including many of the industry's top brands, exchanges, and platforms, and millions of retail investors worldwide. As the operational backbone of the digital economy, BitGo handles a significant portion of Bitcoin network transactions and is the largest independent digital asset custodian, and staking provider, in the world. For more information, visit www.bitgo.com.
We are looking for a Risk Analyst to join the BitGo Prime team in supporting our efforts to expand brokerage service offerings to our institutional client base consisting of hedge funds, exchanges and crypto enterprises. In this role, you'll oversee risk reporting and analytics for our trading, lending, and derivatives activities.
As the first Risk Analyst, you’ll collaborate with engineers and manage sophisticated crypto systems that are currently allowing us to manage more than $100bn+ of clients assets on the platform. The Risk Manager has overall responsibility for engaging across the Company’s business and support functions to monitor risks, including building risk dashboards to report, identify risks, and work with senior management on key risk initiatives. The role requires a blend of quantitative, analytical, and interpersonal skills, as well as a knowledge of financial markets, trading, and risk associated with such services.
Responsibilities:
- Helping implement, maintain the risk policy and ensure all financial activity is conducted within the approved risk limits.
- Work closely with the engineering and data science team to ensure risk related analytics workflows are maintained and built using best practices.
- Oversee risk reporting needs (weekly and monthly) across trading, lending and derivatives desk.
- Work with engineers to build risk analytics workflows, dashboards, and tools, leveraging the in-house best practices.
- Monitor risk systems on a daily basis. Report/Escalate issues to the Risk Director
- Monitoring collateral levels for crypto tokens and tracking the loan exposures that are at risk.
- Continuously monitor client accounts, assess risk exposures using stress testing and scenario analyses, and provide timely reporting of market, credit, and operational risks.
- Generate risk summaries at multiple levels (client, portfolio, regional, and global) for thorough oversight.
Skills & Experience:
We are looking for teammates who share and practice our values: open communication, transparency, taking ownership, and a high level of craftsmanship.
Required:
- 2+ years of relevant experience in a risk management position.
- Proven ability to manage large-scale risk in a fast-paced environment.
- Deep understanding of market, credit, liquidity, and operational risks related to traded products and collateralized lending.
- Strong analytical, technical, and problem-solving abilities.
- Ability to communicate complex risk concepts clearly in both written and verbal forms.
- Experience with risk management tools and methodologies (such as VaR, stress testing, scenario analysis) and proficiency in Excel, SQL, and risk modeling.
- Typically requires several years of experience in risk management, trading, or financial analysis.
Why Join BitGo?
Disrupting an industry takes vision, innovation, passion, technical chops, drive to deliver, collaboration, and execution. Join a team of great people who strive for excellence and personify our corporate values of ownership, craftsmanship, and open communication. We are looking for new colleagues who bring innovative ways of thinking and problem-solving, and who want risks to be part of the team that changes the world’s financial markets.
Here are some of the benefits of working at BitGo:
- Competitive salary
- IT equipment support for work
- Meal & Commute allowance
- Medical Insurance
- Attractive Well-being allowance (comprises of medical, wellness and fitness aspects)
- Snacks: on-the-house in the Bangalore office
- Great/Talented workforce to learn and grow with
Cryptocurrencies are the most disruptive change the financial services industry has seen in years. Join us and you'll be able to look back and say you were part of the team that transformed investing.
Note: This role requires working onsite (Monday to Friday) at the Bangalore office.
