About the Opportunity

Bitvavo is strengthening its Risk Management function with a dedicated Financial Risk Officer focused on Market Risk. You will join a multidisciplinary Risk team that partners with Trading, Treasury, Product, Data and Compliance to keep Bitvavo’s market-, credit- and liquidity-risk profile safely inside the limits set by the Management Board.

Your mandate is broad: design and own the market-risk framework across our spot exchange, staking & lending products, and margin programme for institutional clients. You will translate senior management’s risk appetite into clear metrics, monitor exposures intraday, challenge the first line when limits are approached and provide the Risk Committee with forward-looking insight.

What You’ll Be Doing

• Own the market-risk framework – Maintain and enhance policies, methodologies and limits (VaR, stress scenarios, liquidity adjusted exposure, concentration limits).
• Build and run monitoring & reporting – Produce daily risk dashboards; investigate limit breaches, propose remedial action and escalate to the Risk Committee.
• Independent product review – Assess market-risk implications of new products (e.g. new asset listings, structured staking, perpetual futures) and material changes to existing services.
• Stress testing & reverse stress testing – Develop macro-/micro-driven scenarios (flash crashes, liquidity dries-up, stable-coin de-pegs) that reflect crypto-specific behaviours; present actionable insights to senior leadership.
• Model governance & margin design – Validate and enhance models (VaR, margin, back-testing, benchmarking, sensitivity analysis), align with regulatory/industry standards, and cooperate with business-stakeholders for Model Validation.
• Liquidity & funding risk linkage – Quantify how market moves propagate to liquidity needs (margin calls, client withdrawals) and coordinate with Treasury on contingency plans.
• Cryptocurrency Exchange: Review new listings and product governance, Monitor Market Makers and Liquidity Providers exposures and escalate accordingly.

What We Look For

• 3 + years of market-risk experience in a trading firm, crypto exchange, investment bank or fintech; exposure to crypto assets is a clear advantage.
• Advanced degree in Finance, Mathematics, Physics, Econometrics or a comparable quantitative field.
• Deep understanding of derivatives pricing, portfolio risk metrics (VaR & alternatives), stress testing, scenario design and margining.
• Good understanding on how an exchange operates, margin trading, lending and staking service and product knowledge.
• Experience interpreting and implementing capital-markets regulation (MiCAR, DORA, EMIR, CRR/IFR) in a risk context.
• Excellent written and verbal communication skills in English.
• Hands-on, ownership-driven attitude; comfortable operating in a fast-moving, high-uncertainty environment.
• Confident presenting to senior management and regulators; skilled in writing concise risk memos.
• Proactive, willing to build frameworks from scratch and iterate quickly.
  
  

At Bitvavo, we believe that diverse perspectives drive innovation, foster creativity, and lead to better outcomes. We are committed to building a team that reflects the diversity of the communities we serve and creating an inclusive environment where everyone can thrive.We welcome applicants of all backgrounds, identities, and experiences. Regardless of race, ethnicity, gender, sexual orientation, age, religion, ability, or any other characteristic. Join us and be part of a team that values and celebrates your unique contributions.

Bitvavo does not accept resumes from staffing, search, or recruitment firms without a signed agreement. If you send us a resume without such an agreement, we may contact the candidate directly without any obligation whatsoever and no fee of any kind will be paid should we hire the candidate.