Risk Manager - Avalanche Foundation
The Avalanche Foundation is seeking a Risk Manager to join its Treasury team and play a critical role in safeguarding the Foundation’s financial and operational integrity. In this role, you will design, implement, and oversee a comprehensive risk management framework that protects the Foundation’s treasury while enabling innovation in the blockchain space.
If you’re a technically skilled & proficient risk professional with a passion for analyzing and mitigating complex risks, this is your opportunity to make a meaningful impact at the forefront of decentralized finance. As part of the Foundation, you’ll work in a dynamic, fast-paced environment alongside a team committed to driving the future of blockchain technology.
NOTE: The role is based in the Cayman Islands, offering a chance to live and work in a vibrant global hub. It offers a competitive compensation plan, and a generous relocation package if the incumbent comes from a different country globally.
WHAT YOU WILL DO
Risk Management Framework Development
- Design and implement a comprehensive risk management framework tailored to the unique requirements of web3, blockchain technology, and decentralized finance.
- Establish clear policies, procedures, and risk guidelines aligned with the Foundation’s mission and regulatory standards.
- Regularly update and refine the framework to address emerging risks in the blockchain ecosystem, including changes in regulatory landscapes and technological advancements.
Risk Identification and Assessment
- Conduct thorough assessments of market, protocol, credit, counterparty, operational, liquidity, and regulatory risks impacting the Foundation’s treasury and operations.
- Develop models and tools to quantify and simulate risk exposures across multiple dimensions, including extreme market conditions and stress scenarios.
- Continuously monitor industry trends and emerging threats to proactively manage vulnerabilities.
Risk Monitoring and Reporting
- Utilize advanced technical proficiency to create detailed dashboards and reports which afford actionable insights on risk metrics, highlighting key exposures and trends.
- Deliver regular updates to senior leadership and stakeholders, translating complex risk data into well-formed and corporate-strategy-aligned recommendations.
- Ensure the Foundation adheres to all internal and external reporting requirements, maintaining transparency and accountability.
Compliance and Regulatory Oversight
- Ensure all risk management activities comply with requisite international regulations and standards applicable to blockchain and DeFi.
- Act as a liaison with legal and compliance teams to address any regulatory deviations, gaps, or enforcement actions.
- Stay informed regarding global regulatory developments and adapt risk policies to meet evolving compliance requirements.
Treasury Collaboration
- Partner closely with the Treasury operations team to integrate risk management strategies into liquidity planning, asset allocation, and investment decisions.
- Provide real-time guidance to optimize risk-adjusted returns while safeguarding the Foundation’s assets.
- Support strategic initiatives such as staking, yield farming, or token management with comprehensive risk assessments.
Technology and Systems Integration
- Leverage advanced analytical tools, risk management software, and blockchain-centric technologies to enhance risk monitoring capabilities.
- Work with developers to integrate risk metrics into decentralized protocols and applications as needed.
- Ensure robust cybersecurity and data protection measures to mitigate operational risks.
Crisis and Contingency Planning
- Design and test contingency plans for potential adverse events, including protocol failures, cybersecurity incidents, and extreme market volatility.
- Lead incident response efforts, ensuring swift mitigation and resolution of crises impacting the Foundation’s operations or reputation.
Stakeholder Engagement
- Act as a trusted advisor to internal teams, providing expertise on risk-related matters to inform key decisions.
- Engage with external partners, such as counterparties, exchanges, and custodians, to evaluate and mitigate third-party risks.
WHAT YOU WILL BRING
- Bachelor’s degree in Finance, Mathematics, Computer Science, or related fields. Advanced degrees or certifications (e.g., FRM, CFA) are highly desirable
- 5-7 years of experience in risk management, preferably in a combination of DeFi and TradFi arenas. Ideal to have exposure within the financial or blockchain industry
- Strong technical expertise in risk frameworks and analysis tools
- Excellent communication skills for reporting complex metrics to various stakeholders
- Able to program in Python and familiarity with SQL highly desirable
- Detail-oriented with the ability to prioritize and multitask in a dynamic environment
- Must reside in The Cayman Islands or relocate to
*As requested by Avalanche on behalf of Avalanche Foundation
Salary Range: $139,353 to $174,191
(**This is not a guarantee of compensation or salary, a final offer amount may vary based on factors including but not limited to experience and geographic location.)
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