Chief Risk Officer (ADGM, Broker Dealer)

Role Overview

Chief Risk Officer (ADGM, Broker Dealer) at Bybit. The role is based in Abu Dhabi Global Market (ADGM) and is responsible for establishing and overseeing the firm's risk management framework across broker dealer regulated activities.

Company Overview

Established in 2018, Bybit is one of the world's leading cryptocurrency exchanges and digital financial platforms, serving over 80 million users across more than 200 countries and regions. The platform delivers a seamless ecosystem across trading, payments, wealth management, custody, institutional services, and Web3. Bybit is recognized as one of the most trusted and transparent platforms in the digital asset industry.

Role Purpose

Provide independent oversight of the firm's risk profile, ensuring that material risks are appropriately identified, assessed, monitored, and managed in line with the firm's risk appetite and regulatory obligations under ADGM oversight.

Key Responsibilities

Framework & Governance

• Develop, implement, and maintain the firm's enterprise risk management framework in accordance with applicable FSRA Rules and regulatory requirements.
• Oversee risk governance processes covering operational, market, liquidity, technology, cyber security, outsourcing, conduct, and strategic risks.
• Oversee the development and maintenance of risk policies, procedures, risk indicators, and reporting frameworks.

Risk Monitoring & Assessment

• Monitor the firm's overall risk profile and ensure material risks are managed within approved risk appetite and tolerance levels.
• Conduct risk assessments, stress testing, scenario analysis, and control effectiveness reviews.
• Review material risk events, operational incidents, and control failures, ensuring appropriate escalation and remediation.

Business Oversight & Challenge

• Provide independent risk oversight and challenge over business activities, client onboarding frameworks, trading operations, new products, and strategic initiatives.

Reporting & Communication

• Prepare regular risk reports for the Board, Board Committees, and senior management.
• Promote a strong risk culture across the organisation and support risk-based decision making.

Regulatory & Stakeholder Engagement

• Liaise with the FSRA on risk management matters, regulatory reviews, and supervisory engagements.

Qualifications & Experience

• Bachelor's degree in Risk Management, Finance, Economics, Accounting, Law, or a related discipline.
• Significant experience in risk management within financial services, brokerages, capital markets, banking, fintech, or virtual asset businesses.
• Strong understanding of ADGM regulatory requirements and risk management expectations.
• Experience designing and implementing enterprise risk management frameworks and governance structures.
• Experience engaging with regulators, Boards, and senior stakeholders.

Skills & Competencies

• Strong analytical, communication, and stakeholder management skills.
• Strategic thinker with strong commercial judgement and business acumen.
• Able to provide independent challenge while maintaining effective partnerships with stakeholders.
• Demonstrates high integrity, accountability, and professionalism.
• Comfortable operating in a fast-paced and evolving regulatory environment.
• Passion for financial services, digital assets, and emerging technologies.
• Embraces the use of AI and technology to enhance risk monitoring, reporting, and operational efficiency.

Additional Information

• Study Growth Fund: Professional development and continuous learning support provided.
• Internal Events: Participation in regular team-building activities, workshops, and events designed to promote collaboration and innovation.
• Global Collaboration: Work with a diverse, international team across multiple countries.
• Career Advancement: Access to growth and advancement opportunities within a rapidly expanding global company.
• Internal Mobility: Long-term development supported through internal job opportunities to help build your career path.