Web3 Counterparty Risk Analyst

Counterparty Risk Analyst London / Singapore / Trading Operations / Full-time Apply for this job About Wintermute At Wintermute our mission is to enable, empower and advance the truly decentralized world for more transparent and efficient markets and products. We do this by providing liquidity algorithmically across most trading venues in crypto, supporting all major centralized and decentralized trading venues, AMMs, RFQs, aggregators, and chains. Wintermute’s customer-facing business includes various OTC products such as electronic trading API and single-dealer platform for a wide range of counterparties from crypto native whales to large traditional finance institutions. Wintermute is also providing market making services for blockchain projects where we support most of the world’s largest and most prominent launches. In addition to providing the best in class liquidity products, Wintermute is actively participating in the building and development of the blockchain ecosystem through investments from Wintermute Ventures, partnerships and co-development with upcoming protocols and incubation of own projects. Wintermute is a hyper-growth highly profitable business with a very ambitious vision and roadmap. We manage billions of dollars in assets and trade more than $5B/day. We are backed by Lightspeed, Pantera Capital, Sino Global Capital, Blockchain.com Ventures, Avon Ventures by Fidelity Investments, DeFi Alliance and other top tier investors. We are run as a technology company, not a financial service provider, and we build our culture around core values of ambition, collaboration, entrepreneurship, transparency and meritocracy. Risk Management at Wintermute Counterparty Risk Analyst is a vital role to support Wintermute in managing all counterparty risks for OTC trading. You will work with internal and external stakeholders’ to continually align the risk management framework. Responsibilities Design a counterparty risk framework for OTC activities, such as assessing counterparty and margining risks and setting appropriate limits. Taking ownership and control of all risks associated with counterparties. Modifying parameters that affect all products that we trade. Draft Risk appetite statements and define key risk indicators Documenting proposed risk tolerance thresholds of counterparties along with supporting rationale for presentation to senior management. Develop and implement policies and processes to control risks, limit liabilities, and strengthen governance processes. Analyze market trends, reports, statistics, and relevant documentation, then inform relevant stakeholders as appropriate. Requirements At least 3 years’ experience in Risk Management in a top-tier financial institution Experience with Risk frameworks in the spot and derivatives market in traditional finance Understanding of OTC Trading workflows Experience with the crypto markets is an advantage but not required; you should be able to quickly understand how crypto markets may be different. Experience with setting up risk frameworks for OTC products (including derivatives) is a strong advantage· Bachelor’s degree in a Quantitative Subject with Intermediate coding skills, ideally in Python would be a huge plus! Wintermute Offer A unique opportunity to work on very interesting projects, and get the level of responsibility and ownership that would take 5-10 years to get in a traditional trading company/bank/hedge fund A unique opportunity to join a high-growth startup and one of the strongest and highest potential crypto startups based in Europe Great culture: highly professional and ambitious, yet informal, non-hierarchical, collaborative, and entrepreneurial A cool office in central London and Singapore