Fraud Risk Manager

Who We Are At OKX, we believe that the future will be reshaped by crypto, and ultimately contribute to every individual's freedom. OKX is a leading crypto exchange, and the developer of OKX Wallet, giving millions access to crypto trading and decentralized crypto applications (dApps). OKX is also a trusted brand by hundreds of large institutions seeking access to crypto markets. We are safe and reliable, backed by our Proof of Reserves. Across our multiple offices globally, we are united by our core principles: We Before Me , Do the Right Thing , and Get Things Done . These shared values drive our culture, shape our processes, and foster a friendly, rewarding, and diverse environment for every OK-er. OKX is part of OKG, a group that brings the value of Blockchain to users around the world, through our leading products OKX, OKX Wallet, OKLink and more. About the Team We are seeking a highly analytical and experienced Market Risk Manager to join our Risk Management team. This is a critical mid-level role focused specifically on identifying, measuring, and mitigating market manipulation and fraud-related risks within our exchange and product ecosystem. The ideal candidate will have a strong background in market surveillance, quantitative risk, and a deep understanding of crypto market mechanics and manipulation techniques. You will work closely with our other market risk team members, product risk management, legal and compliance teams to maintain market integrity and team members to monitor alerts, rule development and adjustment, and specific event triggers to drive sophisticated customer transaction profiling and review. At your core, you'll thrive in a fast-paced, collaborative, process-driven environment and be able to adapt and adjust plans on-the-fly. You must also have strong prioritization skills and willingness to roll up your sleeves to get the job done. Most importantly, you'll drive results and significantly grow and improve on our ability to spot new market abuse trends and behaviours to protect and de-risk our platform. What You'll Be Doing Market manipulation and fraud risk management Risk framework design and quantification: Designs and oversees the framework for managing key market manipulation and fraud risks, providing independent challenge and strategic oversight of 1st line risk taking activities and controls on preventing market manipulation (e.g., wash trading, spoofing, layering, pump-and-dump schemes) and internal/external fraud (e.g., account takeover, arbitrage exploitation). Incident research and reporting: Lead research into suspicious trading activity identified by surveillance tools or internal stakeholders, providing detailed reports and working closely with Compliance, Legal, and Product teams to determine appropriate action. Proactive Analysis: Conduct deep-dive analysis on new products or complex trading strategies to anticipate and model potential vectors for manipulation or exploitation before they manifest as risk events. Risk Assessment and Mitigation Quantitative Modeling: Build and refine quantitative models to estimate the potential loss impact ($) and probability of market manipulation and fraud-related events. Vulnerability Assessment: Conduct regular risk assessments across OKX's platform (including spot markets, derivatives, lending, and new product launches) to identify systemic vulnerabilities related to pricing, liquidity, margin systems, and order handling that could be exploited. Recommendations: Develop clear, actionable recommendations for product, engineering, and operations teams to enhance risk controls, refine trading parameters (e.g., circuit breakers, margin requirements), and improve anti-fraud systems. Stakeholder Collaboration & Reporting Regulatory Alignment: Stay current with global regulatory trends and requirements regarding market integrity and fraud prevention, ensuring OKX's surveillance and control framework meets or exceeds industry best practices. Reporting: Prepare and present regular reports on key risk indicators (KRIs), suspicious activity trends, and risk exposure to senior management and the executive team. Training: Act as a subject matter expert, providing guidance and training to internal teams on emerging market manipulation and fraud techniques in the crypto space. What We Look For In You Experience 5 - 9 years of progressive experience in market risk, market surveillance, quantitative analysis, or a similar role at a major cryptocurrency exchange, investment bank, financial regulator (e.g., FINRA, CFTC), or a high-frequency trading firm. Proven experience specifically focused on market manipulation detection and fraud prevention is highly desirable. Direct experience with crypto/digital asset markets is a significant advantage; a fundamental understanding of blockchain technology and decentralized finance (DeFi) is essential. Skills & Qualifications Technical Proficiency: Advanced expertise in SQL is mandatory. Strong proficiency in Python or R for statistical analysis, data mining, and model development is required. Analytical Acumen: Exceptional quantitative and analytical skills with the ability to translate complex data analysis into clear risk assessments and strategic recommendations. Product Knowledge: Deep understanding of trading products, including perpetual swaps, futures, options, and spot trading, and the mechanics of large-scale order book operations. Communication: Excellent written and verbal communication skills; ability to articulate complex technical issues to both technical and non-technical audiences. Education: Bachelor's or Master's degree in a quantitative field such as Finance, Economics, Computer Science, Mathematics, or a related discipline. Professional certifications (e.g., FRM, CFA) are a plus. Language: Proficient in English language, Chinese Language is an added bonus but not a requirement (to work cross functionally with the tech team). Perks & Benefits Competitive total compensation package L&D programs and Education subsidy for employees' growth and development Various team building programs and company events Wellness and meal allowances Comprehensive healthcare schemes for employees and dependants More that we love to tell you along the process #LI-CZ1 #LI-ONSITE Notice : All official OKX vacancies are posted on this site. We are not affiliated with other third-party job boards except Linkedin.com , listings on other sites may be inaccurate or outdated. This is the only source of truth for applications. 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