Market Risk Strategist at OKX - New York, United States | $120,000 - $140,000

Who We Are

At OKX, we believe that the future will be reshaped by crypto, and ultimately contribute to every individual's freedom. OKX is a leading crypto exchange, and the developer of OKX Wallet, giving millions access to crypto trading and decentralized crypto applications (dApps). OKX is also a trusted brand by hundreds of large institutions seeking access to crypto markets. We are safe and reliable, backed by our Proof of Reserves. Across our multiple offices globally, we are united by our core principles: We Before Me, Do the Right Thing, and Get Things Done. These shared values drive our culture, shape our processes, and foster a friendly, rewarding, and diverse environment for every OK-er. OKX is part of OKG, a group that brings the value of Blockchain to users around the world, through our leading products OKX, OKX Wallet, OKLink and more.

Across our multiple offices globally, we are united by our core principles: We Before Me, Do the Right Thing, and Get Things Done. These shared values drive our culture, shape our processes, and foster a friendly, rewarding, and diverse environment for every OK-er. OKX is part of OKG, a group that brings the value of Blockchain to users around the world, through our leading products OKX, OKX Wallet, OKLink and more.

About the Opportunity

The OKX Central Risk function is responsible for overall risk management including market risk, counterparty credit risk, liquidity risk, enterprise risk, operational risk, model development, and model validation. We’re deeply committed to the top risk standards of the crypto industry, protecting the company from financial, regulatory and reputational risks. Our team consists of seasoned risk professionals who are based across our global offices.

We are looking for a versatile and intellectually curious Market Risk Strategist to join our team. The Market Risk Strategist will be responsible for quantifying, analyzing, and monitoring market risk exposures generated by OKX's exchange trading, lending, and treasury activities.

This role requires expertise in quantitative risk techniques, experience with institutional market risk methodologies, and a passion for navigating the complexities and rapid evolution of the crypto market.

What You’ll Be Doing

Methodology & Modeling

Drive continuous improvement to OKX's market & counterparty risk methodologies, tailoring traditional techniques to the unique risks of the crypto market (e.g., market fragmentation, token liquidity risks).
Propose, review, and rigorously backtest potential changes to margin and liquidation model parameters, covering derivatives (perpetuals, expiry futures) and spot margin trading activities.
Maintain model documentation and assist with periodic model performance review and revalidation in accordance with internal policies and evolving global regulatory expectations.

Risk Analysis & Stress Testing

Evaluate margin methodologies for new and existing clients, considering various trading strategies (e.g., long/short, market making, funding arbitrage, etc) and portfolio complexity.
Design and execute stress testing and scenario analyses utilizing both historical scenarios (e.g., Oct 11 market stress) and hypothetical scenarios tailored to the unique risks of crypto.
Conduct analysis on new products prior to launch, ensuring market and liquidity risks are comprehensively identified, measured, and managed.

Technical Implementation & Collaboration

Develop tools for risk estimation, high-impact dashboards for visualization, and automated risk reports for internal stakeholders and management.
Work closely with Product and Engineering teams to transition quantitative prototypes into robust, production-quality risk measurement tools and models.

What We Look For In You

Education: Master’s or Ph.D. in Quantitative Finance, Mathematics, Statistics, Computer Science, or other quantitative fields.
Experience: 8+ years of experience in a Market Risk, Quantitative Risk, or Front Office Quant role at a major investment bank, asset manager, hedge fund, or sophisticated financial technology firm.
Quantitative Skills: Strong knowledge of financial modeling and statistical techniques. Hands-on experience with stochastic calculus and numerical methods in pricing and risk models.
Technical Proficiency: Expert proficiency in one or more object-oriented programming languages for quantitative model building and data analysis (e.g., NumPy, Pandas, Scikit-learn, SQL).
Market Knowledge: Solid understanding of derivatives pricing, margining systems, and crypto assets and crypto market structure
Communication: Strong communication skills to present complex findings to both technical and non-technical stakeholders

Perks & Benefits

Competitive total compensation package
L&D programs and Education subsidy for employees' growth and development
Various team building programs and company events
Wellness and meal allowances
Comprehensive healthcare schemes for employees and dependants
More that we love to tell you along the process!

OKX Statement:

OKX is committed to equal employment opportunities regardless of race, color, genetic information, creed, religion, sex, sexual orientation, gender identity, lawful alien status, national origin, age, marital status, and non-job related physical or mental disability, or protected veteran status. Pursuant to the San Francisco Fair Chance Ordinance, we will consider for employment qualified applicants with arrest and conviction records.

The salary range for this position is $214,000 - $257,000
The salary offered depends on a variety of factors, including job-related knowledge, skills, experience, and market location. In addition to the salary, a performance bonus and long-term incentives may be provided as part of the compensation package, as well as a full range of medical, financial, and/or other benefits, dependent on the position offered. Applicants should apply via OKX internal or external careers site.

Information collected and processed as part of the recruitment process of any job application you choose to submit is subject to OKX's Candidate Privacy Notice.

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