Job Description
Summary
Circle is looking for a Manager of Market and Model Risk Management to join its Financial Risk Management team. This role will oversee the day-to-day management of Circle’s market risk management activities as well as the model risk management and governance. The team is responsible for ensuring Circle’s market risk taking activities remain within the company’s overall risk appetite, and comply with internal policies, standard and external regulatory expectations.
What you'll work on:
- Identifying, measuring and monitoring market risk exposures with regards to interest rate, foreign exchange and other market risk factors and preparing risk reporting to support senior management decision-making.
- Establishing the Model Risk Management framework, building out policy, standards and procedures.
- Executing ongoing model risk management responsibilities, including but not limited to annual model review and recertification, identifying gaps and deficiencies in Circle’s financial risk and capital models and prioritizing high and critical model risk findings for remediation.
- Communicating with internal and external stakeholders on market and model risk related issues.
- Working closely with other risk and compliance teams to ensure cohesive and synergized risk management approach and regulator adherence.
- Staying up to date with U.S. and international financial regulations and industry best practices to ensure capital adequacy and risk management compliance.
You will aspire to our four core values:
- Multistakeholder - you have dedication and commitment to our customers, shareholders, employees and families and local communities.
- Mindful - you seek to be respectful, an active listener and to pay attention to detail.
- Driven by Excellence - you are driven by our mission and our passion for customer success which means you relentlessly pursue excellence, that you do not tolerate mediocrity and you work intensely to achieve your goals.
- High Integrity - you seek open and honest communication, and you hold yourself to very high moral and ethical standards. You reject manipulation, dishonesty and intolerance.
What you’ll bring to Circle:
- A passion for harnessing the power of digital currency and blockchain technology and services built on top of it.
- An innovative and creative mind looking to suggest new solutions to old problems.
- Proven experience working collaboratively and effectively with the ability to work with multiple stakeholders and internal teams. Appreciate direct communication.
- Experience and comfort working in an ever changing industry and the flexibility to quickly react to changing demands. Never tired of learning.
- 7+ years of relevant experience in financial risk management and model reviews for large financial institutions and/or fintech companies, including managing market risk (interest rate, FX, etc.), designing and implementing model risk governance framework, performing model review and validation, designing and implementing stress testing systems and tools.
- 3+ years of experience managing teams or performing project and program management roles.
- Strong leadership and relationship management skills
- Strong communication skills and presence, ability to interface with internal and external teams.
- M.A./M.S. degree preferred; quantitative or technical degree a plus.
- CFA/FRM designation is a plus.
- Experience in RegTech, FinTech or consulting company preferred.
- Experience/familiarity with Slack, Apple MacOS and GSuite.
Additional Information:
- This position is eligible for day-one PERM sponsorship for qualified candidates. (US roles only)
Skills
- Attention to Detail
- Business Relation
- Communications Skills
- Leadership
- Marketing
- Risk Analysis