Senior Risk Manager

Polymarket

13h

About The Position

Polymarket is launching perpetual futures and we're looking for a Senior Risk Manager to own all things risk on the exchange. This role sits at the intersection of trading and risk management: you'll build the frameworks that define how the exchange operates, design the systems for monitoring exposure, and establish the protocols for managing liquidations and counterparty risk. This is not a passive monitoring role. You'll need strong trading instincts, deep knowledge of how derivatives exchanges work under the hood, and the ability to act decisively when the market moves against the platform.

Requirements

Deep trading experience with a background at a trading firm or exchange
Hands-on experience managing liquidations and navigating crisis moments in live markets
Strong grasp of how the major crypto exchanges operate
In-depth knowledge of margin mechanics, funding rates, index price, and mark price across crypto derivatives exchanges
Ability to act quickly and decisively under pressure with real money on the line
Strong counterparty relationships and comfort working with trading firms to offload risk

Nice To Haves

Proficiency in Python, SQL, or other data analysis tools for building risk monitoring infrastructure

Responsibilities

Build the risk framework. Define and own the parameters that will govern how the exchange operates: max open interest, position size limits, leverage tiers, and margin requirements across account types.
Design liquidation and insurance fund protocols. Establish the processes and infrastructure for managing liquidations and offloading risk through hedging or counterparty relationships when needed.
Build risk monitoring infrastructure. Design the systems and tooling that will give the team continuous visibility into account health, exposure concentration, and exchange solvency.
Establish operating protocols. Define the playbooks for how the team responds to stressed market conditions, large position buildups, and potential exchange dislocations.
Build your own tooling. Use Python, SQL, or whatever you need to build internal tools for evaluating risk and staying ahead of developing exposures.