Head of Risk Advisory, North America

Position: Head of Risk Advisory, North America

Reports to: Chief Commercial Officer

Location: New York

Mill Tech provides advanced FX Hedging and Cash Investment solutions to increase market access, reduce costs and automate manual workflows.

With a focus on automation, integration and connectivity, we have pioneered an independent risk management and liquidity solution for fund managers, institutions and global corporates, which is purpose-built to deliver best execution at scale.

Since its inception in 2020, the Mill Tech platform has grown to support over $500bn in annual FX volume and over $35bn in client programs and is now trusted by some of the world’s largest institutions. In 2026 Mill Tech announced its most recent funding round with Apax Partners which valued the company at $325m.

Mill Tech is seeking a commercially driven and technically strong Head of Risk Advisory to lead and scale its new advisory revenue line built around the Mill Tech Co-Pilot platform.

This role sits at the intersection of risk advisory, capital markets expertise, and technology-enabled analytics. You will define, build, and lead a differentiated advisory offering that leverages Co-Pilot to help clients enhance their decision making, optimise hedging strategies, and execute trading programs with confidence across different asset classes.

The successful candidate will combine deep expertise in financial risk (Rates, FX, Cash, Fund Finance and broader market exposures) with the ability to translate analytics into actionable client strategies—and crucially, monetise this capability as a scalable e-advisory business. Critically, you will be technically fluent: comfortable working directly with Python-based analytics, derivative pricing models, and risk quantification frameworks, and capable of bridging the gap between the Co-Pilot platform and high-touch client advisory delivery.

• Lead and commercialise Mill Tech’s Co-Pilot Advisory offering as a defined revenue stream.
• Develop the go-to-market strategy, productise the service and develop pricing models.
• Identify target client segments, build a pipeline and convert opportunities into long-term client engagements.
• Collaborate cross-functionally with Product, Tech, Quant, Sales, and Leadership teams.

• Act as a senior escalation point and trusted advisor for key clients/ Lead client conversations on Interest Rate, FX, and broader market risk exposures.
• Support clients in developing and implementing hedging and risk management strategies aligned to their portfolios and risk appetite.
• Translate complex analytics — including sensitivity outputs, scenario results, and VaR metrics — into clear, actionable insights for senior stakeholders and boards.

• Embed the Mill Tech Co-Pilot platform at the core of all advisory services
• Bridge the gap between quantitative modelling and commercial decision-making.
• Use Python and Co-Pilot to build and deliver bespoke client analytics, including: yield curve construction and bootstrapping (OIS/SOFR/SONIA), Monte Carlo simulation for cash flow at risk and scenario analysis, derivative pricing (IRS, caps/floors, FX options), DV01/BPV/delta-gamma sensitivity calculations, and portfolio-level stress testing and scenario analysis
• Provide feedback into product development to enhance Co-Pilot capabilities based on client needs.
• Structure and advise on derivative transactions and hedging solutions (primarily interest rate and FX, with exposure to inflation/commodities where relevant)
• Conduct quantitative and qualitative analysis of client portfolios, including hedge ratio optimisation and counter party exposure assessment
• Establish Mill Tech as a thought-leader in tech-enabled risk advisory

• Proven understanding of interest rate and FX risk management for leveraged and unleveraged portfolios across real estate, infrastructure, private credit, and/or corporate treasury.
• Strong command of interest rate and FX derivative instruments: vanilla and structured IRS,…