Member of Global Risk Management, Market Risk

 

Anchorage Digital is a crypto platform that enables institutions to participate in digital assets through custody, staking, trading, governance, settlement, and the industry's leading security infrastructure. Home to Anchorage Digital Bank N.A., the first federally chartered crypto bank in the U.S., Anchorage Digital also serves institutions through Anchorage Digital Singapore, Porto by Anchorage Digital, and other offerings.

 

The company is funded by leading institutions including Andreessen Horowitz, GIC, Goldman Sachs, KKR, and Visa, with its Series D valuation over $3 billion. Founded in 2017 in San Francisco, California, Anchorage Digital has offices in New York, New York; Porto, Portugal; Singapore; and Sioux Falls, South Dakota. Learn more at anchorage.com, on X @Anchorage, and on LinkedIn. 

With the evolving landscape of digital threats and an increasing volume of sophisticated attacks by malicious actors, we have a security policy mandating all new hires complete an in-person onboarding process - no exceptions. Security is our foundation and we prioritize physical identity verification and secure IT setup. While our security and IT logistics require physical presence to protect our infrastructure from sophisticated global threats, this move is equally about our Village culture. We believe that a laptop can be shipped, but our culture cannot.

• Anchorage Digital is hiring a Market Risk Manager to own the market risk framework and day-to-day oversight for our Global Markets business, including our swap dealer. In this role, you will measure, limit and report the risk from derivatives, financing, spot trading with delayed settlement, and collateral rehypothecation. You will also build tools and systems that measure risk.
• This is a second-line role, independent of trading and sales, and a hands-on one. Half the job is risk judgment: challenging a desk decision, sizing a stress scenario, explaining exposure to management. The other half is engineering: writing production code, owning risk data, and replacing spreadsheets with automated controls. You'll work with Trading, Treasury, Accounting, Operations and Engineering, and help represent the risk function to regulators and auditors.
• People make this organization, and in this role, it is your mission to cultivate and contribute to a culture of risk management, continuous improvement, and strategic innovation. A healthy outcome is a business that is both agile and resilient, capable of navigating the complexities of the crypto market while achieving its strategic goals.

Run daily market risk across spot, lending and derivatives books: VaR, stress tests, sensitivities (delta, gamma, vega, basis), concentration and liquidity-adjusted exposure.

Design, revise, and implement limits, escalating breaches and tracking remediation to closure.

Set and review collateral haircuts, initial and variation margin, concentration add-ons and liquidation thresholds.

Build historical and hypothetical stress scenarios and turn results into limits and capital/liquidity impacts.

Contribute to the swap dealer risk management program, including limit documentation

Work with platform, trading, and data teams on system design, access controls, and change management for risk-critical systems.

Produce risk reports for senior management, risk committees and regulators.

Own market risk for a 24/7 business where positions, collateral values, and client exposures can move sharply outside business hours.

Make risk calls on thinly traded and volatile assets where historical data is limited and standard models need judgment and adjustment.

Balance enabling business growth with protecting the firm’s capital, liquidity and regulatory standing.

Shape firm-level outcomes: limit, margin and haircut decisions that directly affect client capacity, revenue, capital usage and loss exposure.

Work on problems without established playbooks, including new products and new venues.

Identify gaps in risk coverage, data or systems, and drive fixes through to production.

Understand how the Global Markets business works end to end.

Understand the firm’s regulatory obligations, including CFTC and NFA requirements for the swap dealer, and how risk outputs feed capital, liquidity and regulatory reporting.

Understand the systems and data that produce positions, prices and collateral values, including their limitations.

Apply the firm’s risk appetite, policies and governance structure (risk committees, escalation paths, approvals) in day-to-day decisions.

Challenge the business leaders with sound rationale and hold the line on limits while keeping relationships constructive.

Translate complex quantitative concepts into clear, actionable insights for senior management, risk committees, and regulators.

Build relationships across teams to drive adoption of risk frameworks and influence how the organization thinks about risk

 

The Anchorage Village, what we call our team, brings together the brightest minds from platform security, financial services, and distributed ledger technology to provide the building blocks that empower institutions to safely participate in  the evolving digital asset ecosystem. As a diverse team of more than 600 members, we are united in one common goal: building the future of finance by providing the foundation upon which value moves safely in the new global economy. 

 

Anchorage Digital is committed to being a welcoming and inclusive workplace for everyone, and we are intentional about making sure people feel respected, supported, and connected at work—regardless of who you are or where you come from. We value and celebrate our differences and we believe being open about who we are allows us to do the best work of our lives.

 

Anchorage Digital is an Equal Opportunity Employer. We are committed to equal employment opportunity regardless of race, color, ancestry, religion, sex, national origin, sexual orientation, age, citizenship, marital status, disability, gender identity or veteran status. Anchorage Digital considers qualified applicants regardless of criminal histories, consistent with other legal requirements. “Anchorage Digital” refers to services that are offered either through Anchorage Digital Bank National Association, an OCC-chartered national trust bank, or Anchorage Lending CA, LLC a finance lender licensed by the California Department of Financial Protection and Innovation, License No. 60DBO-11976, or Anchorage Digital Singapore Pte Ltd, a Singapore private limited company, all wholly-owned subsidiaries of Anchor Labs, Inc., a Delaware corporation.

 

Protecting your privacy rights is important to Anchorage Digital, and we work to maintain the trust and confidence of our clients when handling personal or financial information. Please see our privacy policy notices here.