Chief Risk Officer (CRO)

Prometheum • New York, NY

13d • $300,000 - $350,000

About The Position

Prometheum is seeking a full-time Chief Risk Officer to lead enterprise risk management for its digital asset securities business. The role is based in New York City and is responsible for developing and overseeing risk frameworks that support regulatory compliance, protect financial and operational stability, and mitigate threats to the firm’s ongoing viability. The CRO will establish risk governance, policies, controls, risk appetite, and escalation processes; oversee risk assessment across trading and digital asset operations; and provide independent oversight of exposures and controls.

The CRO will work across trading, operations, compliance, finance, legal, engineering, technology, and information security functions. The position also supports regulatory examinations and reporting, monitors regulatory and industry developments, and provides risk analysis and recommendations to executive leadership and governance committees. Prometheum was founded in 2017 and builds a compliant ecosystem and technology infrastructure for digital asset securities.

Requirements

• At least 15 years of progressive financial-services experience, including substantial risk management experience within a broker-dealer, trading firm, exchange, or comparable regulated financial institution.
• Experience in a senior risk leadership position as a Chief Risk Officer, Head of Risk, or equivalent.
• Comprehensive understanding of enterprise risk management, market risk, credit risk, liquidity risk, operational risk, and internal control frameworks.
• Extensive knowledge of U.S. securities markets, broker-dealer operations, trading infrastructure, and applicable SEC and FINRA regulatory requirements.
• Experience establishing and implementing risk governance frameworks, policies, procedures, risk limits, and escalation processes.
• Strong understanding of electronic trading systems, order management systems, trade processing, clearing, settlement, and custody operations.
• Experience developing risk reporting, key risk indicators, stress testing methodologies, and risk assessment processes.
• Ability to work effectively with executive leadership and collaborate across trading, compliance, operations, finance, legal, and technology functions.
• Strong analytical and problem-solving skills and ability to evaluate complex risks and communicate findings clearly.
• Proven leadership capabilities, sound judgment, and ability to operate independently in a dynamic and evolving business environment.
• Bachelor's degree in Finance, Economics, Business, Risk Management, or a related discipline.

Nice To Haves

• FINRA Series 24 (General Securities Principal) registration is preferred but not required.

Responsibilities

• Develop, implement, and oversee a comprehensive enterprise risk management framework to ensure regulatory compliance, protect financial and operational stability, and mitigate material risks.
• Establish and maintain risk governance policies, procedures, methodologies, and internal control frameworks.
• Identify, assess, monitor, and mitigate market, credit, liquidity, counterparty, operational, technology, and other material business risks.
• Establish risk appetite, risk tolerance, and escalation frameworks with executive leadership.
• Develop and monitor key risk indicators, risk dashboards, exposure reports, and management reporting.
• Oversee risk assessments for trading activity, order management, settlement, custody, and digital asset securities operations.
• Evaluate trading exposures, concentration risks, position limits, and liquidity considerations, providing independent oversight and challenge where appropriate.
• Design and oversee stress testing, scenario analysis, and risk assessment methodologies.
• Lead risk and control self-assessments, control effectiveness reviews, and remediation of control deficiencies.
• Establish processes to identify, document, prioritize, escalate, and resolve material risk incidents and emerging threats.
• Assess risks associated with new products, trading strategies, technology implementations, and business expansion initiatives.
• Collaborate with trading, operations, compliance, finance, legal, and engineering teams on risk management.
• Partner with technology and information security leadership to assess technology risks, cybersecurity exposures, system resilience, and business continuity arrangements.
• Evaluate risks associated with blockchain infrastructure, digital asset custody, tokenization, and evolving digital asset market structures.
• Support regulatory examinations, inquiries, and reporting requirements with Compliance and Legal teams.
• Monitor regulatory developments and emerging industry risks, and recommend enhancements to risk management practices.
• Provide regular risk reporting, analysis, and recommendations to executive leadership and relevant governance committees.
• Promote risk awareness, accountability, and effective decision-making across the organization.

Benefits

• Competitive salary based on experience.
• Health insurance.
• Vision insurance.
• Dental insurance.
• Stock option grant as part of the employment compensation package, subject to the terms of the company's Stock Option Agreement.

What This Job Offers

• Job Type: Full-time
• Career Level: Executive