Head of Risk Management; Digital Assets
Head of Risk Management (Digital Assets)
We are a leading trading platform that is ambitiously expanding to the four corners of the globe. Our top-rated products have won prestigious industry awards for their cutting-edge technology and seamless client experience. We deliver only the best, so we are always in search of the best people to join our ever-growing talented team.
About Capital VaultCapital Vault (CV) is a crypto infrastructure provider under the Group umbrella, focused on delivering regulated crypto custody, spot exchange, payment processing, and wallet services.
Role SummaryThe Head of Risk Management is a senior leadership position responsible for establishing, overseeing, and continuously enhancing CV’s enterprise-wide risk framework. This includes financial, operational, cyber, and crypto-asset-specific risks. The role is critical in meeting the SCA/CySEC/FCA regulatory expectations and ensuring the company operates within its defined risk appetite across all business lines.
Key Responsibilities- Strategic Risk Oversight
- Design, implement, and maintain a risk management framework tailored for a regulated crypto firm
- Identify and assess material risks across CV's business: custody, exchange, wallets, payments and staking
- Define and update the firm’s risk appetite and tolerance thresholds in collaboration with the Board
- Risk Governance & Reporting
- Lead the Risk Management Committee and prepare regular risk reports to the Board and regulators
- Maintain the Risk Register and ensure timely escalation of emerging risks
- Work closely with Compliance and Internal Audit to maintain a robust control environment
- Operational Risk
- Develop risk scenarios
- Monitor and respond to service disruptions and operational control failures
- Drive implementation of internal controls and conduct Risk & Control Self-Assessments (RCSAs)
- Market, Liquidity & Credit Risk
- Assess risks linked to CV’s trading with external liquidity providers (e.g., default, slippage, settlement failure)
- Review pricing sources, aggregation logic, and back-to-back execution mechanisms
- Custody & Technology Risk
- Evaluate risk controls around hot/cold wallet segregation, private key management (e.g., Fireblocks), and internal ledger accuracy
- Collaborate with cybersecurity teams to mitigate key threats such as wallet compromise, ransomware, or DDoS attacks
- Regulatory Risk
- Monitor compliance with SCA’s risk-related requirements (e.g., capital adequacy, outsourcing, incident reporting)
- Ensure risk systems, documentation, and controls remain audit-ready and up to date
- Product Risk
- Perform product risk assessments for new crypto offerings before go-live
- Ensure end-user risk disclosures and internal risk control measures align with regulatory expectations
- Required
- Bachelor’s degree in Risk Management, Finance, Economics, Engineering, or a related field
- 7+ years of experience in risk management, with at least 3 in crypto, fintech, or capital markets
- Strong understanding of crypto-specific risks, including custody, blockchain analytics, and liquidity sourcing
- Experience working with SCA or other financial regulators in the UAE or GCC
- Knowledge of MiCA, SCA Cat7, and UK MLR
2017 risk-related obligations is a plus
- Preferred
- Risk certifications such as FRM (GARP), PRM, or equivalent
- Exposure to regulatory capital calculations and stress testing methodologies for crypto businesses
- Familiarity with ISO 27001, NIST, or other information security frameworks
You’ll be joining a forward-looking crypto venture with the backing of an established group, working on building out compliant and secure infrastructure for digital assets in a regulated environment. The role offers influence at the highest level and a chance to shape risk culture from the ground up.
What you will get in return- Competitive Salary:
We believe great work deserves great pay! Your skills and talents will be rewarded with a salary that makes you feel valued and motivated. - Work-Life Harmony:
Join a company that genuinely cares about you - because your life outside of work matters just as much as your time on the clock. - Annual Performance Bonus:
Your hard work doesn’t go unnoticed! Celebrate…
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