Digital Asset Risk Expert

7 days ago


Hong Kong Island, Hong Kong SAR China First Digital Full time

Company Overview

First Digital is a pioneering digital asset-focused trust, custody, and financial technology company at the forefront of the emerging digitalization of assets. Our mission is to unite the full value of worldly assets with other digital data.

We offer best-in-class custodian and near-banking services that enable previously unattainable options for payments, asset management, and access to products enhancing financial inclusion.

Job Description

We are seeking an experienced Senior Risk Manager to lead and enhance our group-wide risk management framework, focusing on stablecoin issuance and broader financial service activities. The primary responsibility involves consolidating existing risk management practices into a consistent, group-wide framework ensuring clear oversight, regulatory alignment, and strong governance across jurisdictions.

The successful candidate will work closely with departmental teams, overseeing risk management processes and internal controls while providing central risk function oversight, challenge, coordination, and reporting. They will collaborate with senior management, governance committees, and operational teams to integrate risk considerations into business decision-making and everyday operations.

  • Risk Framework Development: Update and maintain the risk management framework covering operational, compliance, financial, counterparty, liquidity, and technology risks.
  • Risk Coordination: Act as the central point for risk management, working closely with operations teams to ensure a coordinated approach to risk identification, mitigation, and reporting.
  • New Product Support: Conduct risk assessments for new products, jurisdictions, partnerships, and business lines, ensuring appropriate controls before launch.
  • Risk Governance: Implement and maintain the risk governance structure, including coordinating risk committees and reporting to operational leaders and the Board.
  • Risk Assessments: Coordinate regular risk assessments and stress testing exercises, including scenario analysis relevant to stablecoin issuance, financial services, and digital asset operations.
  • Risk Incidents: Assist in tracking and managing risk incidents, following escalation processes and documenting lessons learned.
  • Risk Environment Monitoring: Monitor external risk environments, including evolving regulatory expectations, emerging digital asset risks, and changes in counterparties or service providers' risk profiles.
  • Culture Development: Foster a risk-aware culture by providing training, guidance, and ongoing support to functional teams, helping them proactively identify and manage risks.


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