Head of Risk

Head of Risk - Stablecoin Infrastructure

Location: New York City (Hybrid)

compensation: Competitive salary

We are a technology company transforming how money moves. Our mission is to build the financial fabric of the future, underpinned by trusted, accessible stablecoins that are programmable, composable, and ubiquitous. We are building a full-service platform for issuing, managing, and integrating digital dollars, backed by world-class investors. Join our small, mission-driven team that applies the discipline of high-performance finance to a fast-moving, crypto-native startup.

We are seeking an experienced Head of Risk to build and lead the development, implementation, and oversight of our organization’s comprehensive risk function. This role is a subject matter expert position, requiring deep knowledge of financial services regulatory requirements and the unique risks inherent in digital assets. You will own the entire risk framework, ensuring continuous alignment with best practices for safety, soundness, and consumer protection.

Key Responsibilities:

• Design and implement a comprehensive enterprise risk management framework tailored to the risks and regulatory requirements of a USD-backed stablecoin.
• Continuously refine the framework, including governance, risk taxonomy, appetite statements, and reporting to senior management and the Board of Directors.
• Oversee internal policies, procedures, and controls to ensure alignment with evolving regulations and guidance.
• Manage Reserve Safety: Establish policies for reserve asset composition, diversification, duration, and liquidity.
• Conduct stress testing and scenario analysis for redemption runs, market disruptions, and custodial outages.
• Implement real-time monitoring tools and early-warning indicators to prevent and manage deviations from the USD peg.
• Provide second-line oversight for treasury activities, interest-rate exposure, settlement processes, and investment of reserves.
• Lead business continuity planning, disaster recovery, and severe-event tabletop exercises for incidents such as cyberattacks or payment rail failures.
• Ensure proper asset segregation along with integrity and accuracy of internal and third-party data sources.
• Proactively identify opportunities to enhance the effectiveness and efficiency of risk programs through process improvements.

• Experience: 15+ years of experience in senior risk roles within payments, banking, and fintech, with 5+ years of digital asset risk management experience.
• Education: Bachelor’s degree in Business, Finance, Law, or a related field. (Advanced degrees or professional certifications are highly preferred).
• Stablecoin Expertise: Deep knowledge of risks unique to USD-backed stablecoins, including peg stability mechanics, reserve composition and safekeeping, redemption dynamics, and on-chain market structure.
• Digital Asset Risk: Expertise in cross-chain/bridge risk, key management, and smart-contract change control.
• Risk Program Leadership: Proven experience leading a team and developing a comprehensive risk framework in the digital asset industry.
• Controls Design: Experience designing effective controls and leading the execution of key components of a risk program.
• Communication: Exceptional communication skills, both written and verbal, with the ability to clearly convey complex information to senior leadership, regulators, and staff.
• Traits: Detail-oriented, highly organized, strong sense of integrity and ethics, and ability to manage multiple priorities effectively under pressure.

• Mission: Join a mission-driven team building foundational infrastructure for the future of money, transforming how value moves online.
• Culture: Work in a tight-knit team that values clear thinking, extreme ownership, and high-velocity decision-making, with a culture of excellence in product, code, and culture.
• Impact: Directly contribute to creating more trusted, accessible, and intuitive ways for people to engage with money globally.
• Backing: Join a company supported by world-class investors, including Paradigm and Dragonfly.
• Package: Competitive compensation and package (details not provided in source text, will be discussed in process).

Due to the high volume of applications we anticipate, we regret that we are unable to provide individual feedback to all candidates. If you do not hear back from us within 4 weeks of your application, please assume that you have not been successful on this occasion. We genuinely appreciate your interest and wish you the best in your job search.

Commitment to Equality and Accessibility:

At MLabs, we are committed to offer equal opportunities to all candidates. We ensure no discrimination, accessible job adverts, and providing information in accessible formats. Our goal is to foster a diverse, inclusive workplace with equal opportunities for all. If you need any reasonable adjustments during any part of the hiring process or you would like to see the job-advert in an accessible format please let us know at the earliest opportunity by emailing [email protected].

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