About Us

AsiaNext is an institution-only, global exchange for digital assets. A first-of-its-kind, combining the innovation of crypto with the robust security of traditional finance, we offer a comprehensive platform for trading and tokenising a diverse range of securities and non-bankable assets. Our services include listing, trading, clearing, settlement, and custody.

A joint venture between SBI Digital Asset Holdings Co. Ltd. (SBI DAH) and SIX Group AG (SIX), AsiaNext is built to meet the growing demands from institutional investors for a safe venue to trade digital assets. Where applicable, our business activities will be subject to the strict regulatory oversight of the Monetary Authority of Singapore, and we adhere to the highest standards of corporate governance and internal controls across all activities.

Leveraging the extensive networks of SBI DAH and SDX between Asia and Europe, as well as their joint expertise, we have built AsiaNext since 2020. Our vision is to become a trusted, market-leading exchange whose members can safely trade a wide variety of digital assets, permitting greater institutional access and driving the new era of digital finance worldwide.

Position Summary:

The responsibility of the Risk Manager is to assist the Head of Credit Risk Management to implement an appropriate risk management framework and risk controls relevant to AsiaNext's business model, reflective of best practices and aligned with policies of SIX and SBI.

The Risk Manager's narrower responsibility is to safeguard AsiaNext's credit risk profile by supervising the design and operation of its procedures and tools for member risk analysis, member on-boarding, margining, stress-testing and default management.

Duties/ Responsibilities:

Responsibilities include (but are not limited to) those outlined below, and may vary in line with the needs of the business, as determined by the Head of Credit Risk Management:

• Develop, document, prototype, test and assist in rolling out risk management tools and measures. Coverage includes market, credit and operational risks.

• Develop, document, prototype, test and assist in rolling out risk management controls and monitors based on AsiaNext's policies, procedures, and guidelines.

• Conduct user acceptance testing and regression testing to ensure the system implementation is in accordance with the risk management specification and policy.

• Create written material on AsiaNext's risk management tools in a style appropriate for AsiaNext's staff, its clients, regulators and auditors or for external publication.

• Ensure all risk reporting is completed in an accurate and timely fashion.

• Partner with the management and commercial team to present AsiaNext to external stakeholders to enhance our brand reputation.

• Advise and educate internal stakeholders on internal risk management policies and procedures.

• Specific areas of focus for quantitative risk management include:

o VAR modelling and stress testing for different products, including options on futures.

o Real-time risk modelling, scenario analysis, risk aggregation

o Counterparty and liquidity risk for exchange members posting risky or illiquid collateral.

o Default fund set up.

o Counterparty credit analysis.

Education & Experience:

• Bachelor's degree or Master's in banking and finance or related quantitative fields.

• 10 years in relevant risk management in securities, treasury and financial service industry. Experience in crypto or digital asset exchange would be advantageous.

• Managing risk in financial and non-financial risk capacity.

• Design, documentation and enhancement of risk management models.

• Strong written and verbal communication skills.

• Strong project management and stakeholder collaboration skills.

• Knowledge of programming language such as Python, SQL would be necessary and advantageous.

• Visualisation and presentation of financial data or model output using Power BI or equivalent.

Shortlisted candidates will be contacted for further discussion.