Chief Risk Officer (ADGM Exchange & Clearing)

About the role

Bybit, a cryptocurrency exchange and digital financial platform, is hiring a Chief Risk Officer for its exchange and clearing operations conducted in or from the Abu Dhabi Global Market (ADGM). The CRO establishes and oversees the risk management framework and provides independent oversight of risks affecting market integrity, clearing and settlement, liquidity, operational resilience and the stability of the exchange and clearing ecosystem.

Key responsibilities

• Develop, implement and maintain the risk management framework in line with FSRA Rules, FSMR and Market Infrastructure Rules (MIR).
• Oversee risk governance for market, clearing and settlement, liquidity, collateral, operational resilience, technology, cyber security, outsourcing and systemic risks.
• Monitor the overall risk profile and ensure material risks stay within approved risk appetite.
• Oversee margin methodologies, collateral management, liquidity monitoring, stress testing and default management.
• Provide independent challenge over exchange operations, clearing activities, market structure changes, participant onboarding and new products.
• Run stress testing, scenario analysis, reverse stress testing and recovery planning exercises.
• Assess risks relating to market abuse, participant exposures, operational disruptions and systemic events.
• Maintain risk policies, procedures, risk indicators and reporting frameworks, and prepare regular risk reports for the Board, Risk Committee and senior management.
• Liaise with the FSRA on regulatory reviews, inspections and supervisory engagements.

Required profile

• Bachelor's degree in Risk Management, Finance, Economics, Accounting, Law, Mathematics, Engineering or a related discipline.
• Significant experience in risk management within exchanges, clearing houses, capital markets, financial market infrastructure providers or virtual asset businesses.
• Experience overseeing market, clearing, settlement, liquidity, collateral or operational resilience risk frameworks.
• Experience engaging with regulators, Boards and senior stakeholders.
• Strong understanding of ADGM regulatory requirements, including MIR and financial market infrastructure risk principles.

Required skills

• Strong analytical, communication and stakeholder management skills.
• Ability to provide independent challenge while balancing innovation, growth and market integrity.
• Comfortable operating in a highly regulated, systemically important environment.

What we offer

• Study Growth Fund supporting professional development and continuous learning.
• Internal events such as team-building activities, workshops and events.
• A diverse, international team and opportunities for internal mobility and career advancement.