Chief Risk Officer (ADGM, RIE &RCH)
Bybit · Abu Dhabi
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Job description
About Us 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. Powered by world-class technology and a user-first mindset, Bybit delivers a seamless ecosystem across trading, payments, wealth management, custody, institutional services, and Web3 — connecting users to the future of digital finance. Our core values define how we build. We listen, care and improve to create products and experiences that put users first. Backed by a global team of ambitious builders, problem-solvers, and innovators, we foster a high-performance and fast-moving environment where talent is empowered to drive real impact at the global scale. Supported by 24/7 multilingual customer service and a strong commitment to innovation, we are shaping the future of finance through technology, collaboration, and bold execution. Today, Bybit is recognized as one of the most trusted and transparent platforms in the digital asset industry, continuing to expand its global presence while building the infrastructure for the next generation of financial services. Role Overview The Chief Risk Officer (CRO) is responsible for establishing and overseeing the risk management framework for the firm's exchange and clearing operations conducted in or from ADGM. The role provides independent oversight of risks impacting market integrity, clearing and settlement activities, liquidity, operational resilience, and the overall stability of the exchange and clearing ecosystem. Key Responsibilities • Develop, implement, and maintain the risk management framework in accordance with applicable FSRA Rules, FSMR, and Market Infrastructure Rules (MIR). • Oversee risk governance processes covering market, clearing and settlement, liquidity, collateral, operational resilience, technology, cyber security, outsourcing, and systemic risks. • Monitor the overall risk profile of the exchange and clearing operations and ensure material risks are managed within approved risk appetite. • Oversee frameworks relating to margin methodologies, collateral management, liquidity monitoring, stress testing, and default management. • Provide independent risk oversight and challenge over exchange operations, clearing activities, market structure changes, participant onboarding, and new products. • Conduct stress testing, scenario analysis, reverse stress testing, and recovery planning exercises to assess the resilience of the market infrastructure. • Assess risks relating to market abuse, participant exposures, operational disruptions, and systemic events.&l