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Flowdesk

Front Office Risk Manager - Crypto Derivatives (F/MD)

Posted 2 Days Ago
Be an Early Applicant
In-Office
Singapore
Senior level
In-Office
Singapore
Senior level
The Front Office Risk Manager will oversee risk management processes, ensure compliance with risks limits, monitor trading activities, and optimize collateral deployment while collaborating with various teams for enhanced trading and operational efficiency.
The summary above was generated by AI

Flowdesk's mission is to build a global financial institution for digital assets, one designed from the ground up for market integrity and efficiency.

To achieve this in a rapidly evolving market, we apply a disciplined, first-principles approach to everything we do. This approach is embedded in our core services, from institutional liquidity provision, trading solutions, OTC execution to our comprehensive treasury management offerings. This is how we cut through the noise and build robust and scalable systems across all our business lines.

Therefore, we seek individuals who are driven by this systematic approach. Joining Flowdesk means you will be a key contributor in building and scaling a more transparent and efficient financial markets infrastructure.

We are seeking a skilled and experienced Front Office Risk Manager to join our newly formed Risk Management team, led by a seasoned Chief Risk Officer with experience building some of the most respected risk functions in the digital assets space. This role is central to Flowdesk’s global growth — you will lead the design, implementation, and oversight of our counterparty credit and operational risk management frameworks, contributing directly to the development of a robust and scalable risk infrastructure.

You will work closely with our Trading, Treasury, Operations, Compliance, and Technology teams to monitor exposures, enhance controls, and ensure that Flowdesk’s risk profile remains aligned with our strategic objectives and within the approved appetite. Your work will directly shape Flowdesk’s governance and risk culture, supporting market integrity, operational excellence, and sustainable growth across all business lines.


Requirements

Your role and responsibilities

Real-Time Risk Oversight

  • Monitor trading positions, P&L, leverage, liquidity, and counterparty exposures across centralized exchanges, OTC, and DeFi venues.
  • Ensure all trades remain within approved limits (notional, position, VaR, stop-loss, concentration).
  • Run intraday stress scenarios (e.g., BTC/ETH drawdowns, volatility spikes, exchange outages) and communicate exposures to traders.

Limit Management & Escalation

  • Enforce risk and credit limits as set by the Board.
  • Escalate limit breaches and abnormal exposures immediately to senior management.
  • Exercise authority to recommend reduction or halt of trading activity in exceptional circumstances.

Counterparty, Margin & Collateral Monitoring

  • Track exchange margin requirements, funding rates, and collateral movements.
  • Maintain visibility on free collateral buffers and anticipate margin calls under stress.
  • Work with Trading and Treasury to optimize collateral deployment.

Market Conduct & Trade Surveillance

  • Identify abnormal trading patterns (e.g., spoofing, layering, excessive cancellations) and escalate potential market abuse concerns.
  • Monitor operational errors such as mis-bookings or fat-finger trades.
  • Ensure front-office adherence to conduct standards and internal controls.

Risk Analytics & Reporting

  • Maintain real-time dashboards of exposures and intraday risk metrics.
  • Provide daily risk summaries to Trading and the CRO.
  • Contribute to weekly/monthly Risk Committee packs with front-office risk insights.

Business Partnership

  • Work with traders to structure hedges, manage inventory, and optimize capital usage in line with risk appetite.
  • Support the review of new products, venues, and trading strategies, providing risk impact assessments.
  • Act as the first point of contact for risk-related queries from traders.

Operational & Technology Risk Awareness

  • Monitor system latency, exchange connectivity, and booking flows for anomalies.
  • Liaise with Engineering to escalate and resolve risk-related technology issues.
  • Ensure robust controls around API usage, order throttling, and cancellation logic.

Background and Experiences

  • 5-10 years in risk management, trading, or quantitative analysis, ideally in a market making, HFT, or crypto trading environment.
  • Strong knowledge of derivatives, options, structured products (loans + options, accumulators, collars) and digital asset market structure (CEX, DEX, OTC).
  • Expertise in market risk, margining, and liquidity risk metrics (VaR, stress testing, collateral haircuts).
  • Familiarity with MAS risk management guidelines and global regulatory standards (e.g., MAR, MiFID, MiCA, VARA, SEC/CFTC).
  • Advanced proficiency in Python/SQL or real-time data tools for building/maintaining risk dashboards (Grafana or else).
  • Excellent communication skills with the ability to challenge traders constructively and escalate appropriately.
  • Strong integrity and sound judgment, capable of acting as both partner and control function.
  • Degree in Finance, Economics, Mathematics, or a related quantitative field; professional risk certifications (FRM/PRM/CQF) a plus.

Skills And Personality

  • Curious and autonomous
  • Highly motivated and results-driven
  • Strong maths and analytical skills
  • Ability to successfully manage multiple tasks in a fast-paced collaborative environment
  • Professional proficiency in English

Company Culture And Values

At Flowdesk, our culture drives our success. Here's how we live it

  • Ambition, We aim to conquer an impactful place in the crypto ecosystem while representing Tech expertise. We're always moving quickly toward our goals.
  • Ownership, If you believe in something, own it, make it happen, or at least learn from it.
  • Humility, The final result is a puzzle built by everyone's efforts—not one person takes all the credit.
  • Collaboration, While speed matters, we believe in waiting for others to move forward together. That’s how we achieve success as a team.

Benefits
  • International environment (English is the main language)
  • An allowance of 400 SGD / per month / per person in the household
  • Team events and offsites
Recruitment process

Are you interested in this job but feel you haven't ticked all the boxes? Don't hesitate to apply and tell us in the cover letter section why we should meet!

Here's what you can expect if you apply

  • HR Call (30')
  • Technical interview with the CRO and/or Senior Market Risk Manager (60')
  • Technical interview with 1 or 2 Senior Derivatives Trader(s) (45')
  • Interview with the APAC CEO (30')
  • Interview with the COO (30')

On the agenda, discussions rather than trick questions! These moments of exchange will allow you to understand how Flowdesk works and its values. But they are also (and above all) an opportunity for you to present your career path and your expectations for your next job!

Top Skills

Grafana
Python
SQL

Flowdesk Singapore Office

Singapore, Singapore

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