At a Glance
- Tasks: Lead and grow the Trading Risk team, managing risk across multiple product lines.
- Company: Bybit, a leading cryptocurrency exchange with a user-first mindset.
- Benefits: Competitive compensation, modern workspace, study growth fund, and career advancement opportunities.
- Other info: Join a dynamic team in Austria's tallest office building with stunning views.
- Why this job: Shape the future of finance while making a real impact in a fast-paced environment.
- Qualifications: 8+ years in risk management, strong leadership skills, and a deep understanding of derivatives risk.
The predicted salary is between 63000 - 77000 £ per year.
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.
We are looking for a senior leader to head our newly formed Trading Risk team. This is a critical leadership role created as part of a strategic reorganization to consolidate all business-risk-related functions across our trading verticals into a single, dedicated team. The Head of Trading Risk will own end-to-end business risk operations and logic design across multiple product lines, reporting directly to senior leadership.
- Lead and grow the Trading Risk team, setting the strategic vision for business risk management across the organization.
- Build a high-performing, risk-focused culture with strong accountability and ownership.
- Define team OKRs, establish performance standards, and drive continuous improvement.
- Collaborate closely with Product, Engineering, and Operations teams to embed risk thinking into product development.
Risk Coverage — Multi-Product Line Oversight
- Own business risk operations and logic design across:
- Spot Trading — market risk, counterparty exposure, and trading anomaly detection.
- Derivatives (Futures, Options, CFD, Perps) — margin risk, liquidation logic, settlement risk, and position limits.
- Loan / Earn — collateral risk, interest rate risk, and protocol-level exposure management.
- Design and maintain risk control frameworks, alert systems, and escalation protocols for each product line.
- Conduct ongoing risk assessments for new product launches and feature changes.
- Provide risk-related logic design recommendations and improvement proposals for all business units.
Operational Risk Management
- Oversee real-time risk monitoring systems and ensure timely incident response.
- Define and enforce risk parameters (position limits, margin requirements, circuit breakers, etc.).
- Lead post-mortem analysis on risk incidents and drive systematic remediation.
- Work with the Engineering/Tech team to ensure risk control systems are robust, scalable, and properly maintained.
Qualifications
- 8+ years of experience in risk management within financial services, fintech, or crypto/digital assets.
- ~3+ years in a leadership role managing risk teams (team size 5+).
- ~ Deep understanding of derivatives risk (futures, options, perpetual swaps, CFDs) — including margin models, liquidation engines, and settlement processes.
- ~ Experience with multi-product risk management covering at least 3 of: spot, derivatives, lending, earn/yield products.
- ~ Strong quantitative background — ability to design and validate risk models, parameters, and control logic.
- ~ Excellent communication skills — able to translate complex risk concepts for product and business stakeholders.
- ~ Proven ability to build and scale risk teams from the ground up or through significant transformation.
- ~ AI-first mindset — actively leverages AI/ML tools and techniques to enhance risk detection, automate workflows, and improve decision-making efficiency.
- ~ Programming proficiency in Python and/or C++ — able to build risk models, prototype monitoring tools, and work directly with quantitative codebases.
- ~ Fluent in English; proficiency in Mandarin Chinese is strongly preferred.
Additional Information
- Experience in crypto/digital asset exchanges or high-frequency/algorithmic trading environments.
- Background in TradFi risk management (banks, prop trading, hedge funds) transitioning to crypto.
- Experience with risk-related system architecture and working closely with engineering teams.
- Advanced degree (MSc/PhD) in quantitative finance, financial engineering, mathematics, or related field.
Opportunity to define risk frameworks from the ground up across an expanding product ecosystem. Competitive compensation package commensurate with experience. Fast-paced environment with real impact on business decisions.
Modern Workspace: Work in Austria's tallest office building, offering state-of-the-art facilities and panoramic views of Vienna.
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.
Career Advancement: Access opportunities for growth and advancement within a rapidly expanding global company.
Head of Trading Risk in City of London employer: Bybit
Bybit is an exceptional employer, offering a dynamic and innovative work culture that prioritises employee growth and collaboration. With a commitment to professional development through initiatives like the Study Growth Fund and opportunities for internal mobility, employees are empowered to shape their careers in a fast-paced, global environment. Located in the UK, this role as MLRO provides a unique chance to influence the regulatory landscape of a leading cryptocurrency exchange while working alongside a diverse team dedicated to driving real impact in the digital finance sector.
StudySmarter Expert Advice🤫
We think this is how you could land Head of Trading Risk in City of London
✨Tap into Campus Networks
If you're still in uni, don’t forget to engage with your campus's career services and attend finance-related events. Banks often do presentations and recruitment drives on campus, so put yourself out there and make use of these opportunities to show off your passion for the field.
✨Get Certified
Consider pursuing relevant certifications like the CFA or ACCA while you’re job hunting. They not only beef up your CV but also connect you with professional bodies which can lead to networking opportunities and even job openings in banking and financial services.
✨Connect on Professional Platforms
Join finance-focused groups on platforms like LinkedIn and engage in discussions. This can really help you stand out from the crowd, allowing potential employers to see your knowledge and interest in industry trends. Plus, you might stumble upon job postings shared exclusively within the group.
✨Apply Directly and Be Proactive
Don’t shy away from reaching out directly to firms like Bybit. Use their websites and apply through them, but also consider following up with a polite email to express your enthusiasm. Being proactive can make a huge difference in getting noticed in the competitive financial services sector.
We think you need these skills to ace Head of Trading Risk in City of London
Some tips for your application 🫡
Show Off Your Numbers!:In the banking and financial services world, quantifiable achievements are key. Make sure your CV highlights your grades in relevant subjects, any financial certifications you hold, and specific projects where you've delivered measurable results. Employers love to see how your skills translate into real-world success.
Tailor Your Cover Letter to the Role:When applying for a full-time position, your cover letter should make a direct connection between your experience and the job description. Don't just state your enthusiasm for finance—dive into how your background in banking or financial analysis sets you apart. Let your passion shine through while being specific about what you can bring to Bybit.
Include Relevant Financial Software Experience:If you've worked with financial modelling tools or software like Excel, SAP, or specific analytical tools during your studies or internships, bring that up! Highlighting your proficiency can really make your application pop and show you're ready to hit the ground running in a full-time role.
Research and Reflect:Before hitting that 'apply' button on Bybit's website, do a little digging. Look up their recent projects, values, and culture. Reflecting their ethos in your application can make a huge difference and show you’re genuinely interested in being part of the team!
How to prepare for a job interview at Bybit
✨Brush Up on Financial Analysis Skills
Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with Bybit.
✨Prepare for Case Studies
Expect to tackle case studies that demonstrate your problem-solving skills in real-world banking scenarios. Familiarise yourself with the types of problems you might face—think risk assessments or investment evaluations—and be ready to articulate your thought process clearly.
✨Show Your Passion for Finance
Since this is a full-time position, employers at Bybit will be keen to see your genuine interest in finance. Be prepared to discuss recent industry trends or news articles that excite you, showcasing your enthusiasm and engagement with the field.
✨Network with Industry Professionals
Before your interview, reach out to current or former Bybit employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.
