Focused on developing products and services for the digital assets sector, Bullish has rewired the traditional exchange to benefit asset holders, enable traders and increase market integrity. Supported by the group’s treasury, Bullish’s new breed of exchange combines deep liquidity, automated market making and industry-leading security and compliance to increase the accessibility of digital assets for investors. Bullish exchange is operated by Bullish (GI) Limited and is regulated in Gibraltar.
Bullish through its German subsidiaries (Bullish DE) have applied for a crypto custody and principal brokerage/proprietary trading licenses. In line with these commitments we are expanding into Germany.
Mission: To make trading with digital assets more rewarding and secure.
Vision: To be the most innovative, respected, and trusted leader in crypto.
Reports to:
Head of Clearing and Group Risk
We are seeking a passionate and experienced Risk Manager to manage the Bullish DE Custody GmbH (“BDE”) risk function while also providing support to the group-wide enterprise risk framework.
Job Summary
The Risk Manager is responsible for managing and monitoring all risks faced by BDE, including, but not limited to, market, credit, and operational risks. This role is also responsible for maintaining, developing where necessary and implementing a comprehensive risk management framework for the organization, ensuring compliance with appropriate German regulatory requirements. This role involves identifying, assessing, and mitigating risks across all areas of the business, with a particular focus on the unique challenges of operating as a crypto broker-dealer. The Risk Manager will work closely with senior management and various departments to integrate risk management practices into strategic planning and operational processes.
Role & Responsibilities

Risk Management Framework:

• Implement, support and maintain the newly developed robust risk management framework that aligns with BDE’s strategic objectives and regulatory requirements.
• Ensure the implementation of the framework addresses all relevant risk categories, including market, credit, operational, compliance, and cybersecurity risks.
• Construct and present the quarterly risk reports as set out in the BDE Risk Management Policy.

Regulatory Compliance:

• Ensure compliance with BaFin regulations and other relevant German and EU regulatory requirements.
• Stay informed about regulatory changes and assess their impact on BDE’s risk profile.

Risk Identification and Assessment:

• Conduct regular risk assessments to identify potential risks and vulnerabilities.
• Develop and maintain a risk register, documenting identified risks, their potential impact, and mitigation strategies.

Risk Mitigation and Management:

• Develop and implement risk mitigation strategies and controls to manage identified risks.
• Collaborate with department heads to integrate risk management practices into their operational processes.

Monitoring and Reporting:

• Monitor the effectiveness of risk management strategies and objectives and make recommendations for improvements.
• Prepare and present risk reports to senior management and the board, highlighting key risks and mitigation efforts.

Crisis Management and Business Continuity:

• Support, develop and maintain business continuity and crisis management plans to ensure organizational resilience in the face of disruptions.
• Coordinate crisis response efforts and conduct regular drills and simulations.

Team Leadership:

• Lead and develop the risk management team, fostering a culture of risk awareness and continuous improvement.
• Provide training and resources to ensure the team is equipped to manage risks effectively.

Qualifications & Experience

• Bachelor’s degree in Finance, Risk Management, Business Administration, or a related field. A Master’s degree or professional certification (e.g., FRM, PRM, CFA) is preferred.
• Five or more years of experience in risk management, compliance, or a related field, preferably within the financial services or cryptocurrency industry.
• Strong understanding of German and EU regulatory requirements for financial institutions and crypto broker-dealers.
• Experience with risk assessment tools and software.

Skills

• Excellent analytical and problem-solving skills.
• Strong communication and interpersonal skills, with the ability to influence and engage stakeholders at all levels.
• Ability to work independently and collaboratively in a fast-paced environment.
• Strong organizational and project management skills.
• Proficiency in German and English, both written and spoken.

Additional Requirements

• Commitment to continuous learning and professional development.
• Solid understanding of blockchain technology, crypto currencies, automated market makers and digital asset exchanges (both CEX and DEX) a plus.
• Passion for the digital asset industry, proactive approach to learning, and a keen interest in staying up-to-date with the latest trends and developments.

Bullish is proud to be an equal opportunity employer. We are fast evolving and striving towards being a globally-diverse community. With integrity at our core, our success is driven by a talented team of individuals and the different perspectives they are encouraged to bring to work every day

Please refer the Job description for details