Manager, Enterprise Risk

Manager, Enterprise Risk

We are seeking an experienced and forward-thinking Manager of Enterprise Risk Management (ERM) to join our growing risk organization at Gemini. In this high-impact role, you will be responsible for building, maintaining, and continuously improving our enterprise-wide risk management program to bridge the rigor of traditional financial services risk practices with the dynamic, fast-evolving landscape of digital assets and cryptocurrency markets.

You will work cross-functionally with Compliance, Finance, Technology, Operations, and Executive Leadership to ensure that risk is identified, assessed, monitored, and mitigated in alignment with regulatory expectations and organizational strategy.

Responsibilities:

• Enterprise Risk Framework
  • Design, implement, and continuously mature a comprehensive operational risk framework tailored to the unique risk profile of a cryptocurrency exchange
  • Establish risk appetite statements, risk tolerance thresholds, and key risk indicators (KRIs) aligned with business strategy and regulatory requirements
  • Develop and maintain the enterprise risk register, ensuring risks are properly categorized, owned, and escalated appropriately
  • Lead periodic enterprise-wide risk assessments and translate findings into actionable risk mitigation strategies
• Cryptocurrency & Digital Asset Risk
  • Conduct and oversee specialized risk assessments related to cryptocurrency operations, including custody risk, smart contract risk, liquidity risk, and counterparty/exchange risk
  • Stay current on the evolving regulatory landscape for digital assets (e.g., SEC, CFTC, FinCEN, MAS) and assess implications for the firm's risk posture
  • Evaluate risks associated with new digital asset products, trading pairs, DeFi integrations, and blockchain protocol changes
• Operational Risk & Event Reporting
  • Own the operational risk event reporting process end-to-end — from identification and logging through root cause analysis, remediation tracking, and management reporting
  • Develop and manage a near-miss and loss event database to drive trend analysis and lessons-learned programs
  • Prepare clear, concise risk reporting packages for senior leadership, the Board Risk Committee, and other relevant regulatory bodies
  • Ensure timely escalation of high-severity risk events in accordance with internal policies and applicable regulations
  • Own the BCM process end-to-end — from enhancing the Governance and logging the DR tests to performing issues management and follow-up for remediation tracking, and management reporting
• Model Risk Management
  • Serve as a key stakeholder and subject matter expert in the firm's model risk governance program
  • Partner with Quantitative Research, Data Science, and Finance teams to ensure models are validated, documented, and monitored in accordance with model risk management standards (e.g., SR 11-7 or equivalent)
  • Identify model-related risks across trading algorithms, risk models, pricing engines, and fraud detection systems
  • Oversee model inventory maintenance and track validation findings through remediation
• Governance & Stakeholder Engagement
  • Collaborate with executive leadership, the Board, and external auditors to communicate the firm's risk posture and program maturity
  • Champion a strong risk culture across the organization through training, awareness programs, and proactive engagement with business lines
  • Manage relationships with external risk consultants, auditors, and regulatory examiners as needed.
  • Take a supporting role in identifying, mapping out, documenting, and rating controls and risks as part of our Risk Assessment program
  • Respond to audit, partner bank, and regulatory requests

Minimum Qualifications:

• Bachelor's degree. Preferred CRCM or similar certifications
• 6+ years of progressive experience in trading, crypto, banking, fintech, or other regulated industries
• Demonstrated experience conducting cryptocurrency or digital asset risk assessments, ideally within an exchange, custodian, or digital asset firm
• Proven ability to design and implement operational risk frameworks from the ground up or significantly enhance existing programs
• Strong working knowledge of model risk management principles, including model validation, documentation standards, and governance practices (familiarity with SR 11-7 or equivalent guidance is a must)
• Hands-on experience managing operational risk event reporting processes, including loss event capture, root cause analysis, and escalation protocols
• Deep understanding of risk governance structures, including risk appetite frameworks, KRI/KPI development, and three lines of defense models
• Demonstrated ability to scale artificial intelligence models to help operationalize and scale risk management programs

Preferred Qualifications:

• Professional certifications such as FRM, CFA, CERA, CRISC, or equivalent
• Familiarity with relevant digital asset regulatory frameworks and artificial intelligence frameworks
• Experience working with GRC platforms (e.g., Archer, AuditBoard, MetricStream)
• Background in or strong understanding of blockchain technology, decentralized finance (DeFi), and tokenomics

It Pays to Work Here

• Competitive starting pay
• A discretionary annual bonus
• Long-term incentive in the form of a new hire equity grant
• Comprehensive health plans
• 401K with company matching
• Paid Parental Leave
• Flexible time off

Salary Range: The base salary range for this role is between $129,500 - $240,500 in the State of New York, the State of California and the State of Washington. This range is not inclusive of our discretionary bonus or equity package. When determining a candidate's compensation, we consider a number of factors including skillset, experience, job scope, and current market data.

In the United States, we offer a hybrid work approach at our hub offices, balancing the benefits of in-person collaboration with the flexibility of remote work. Expectations may vary by location and role, so candidates are encouraged to connect with their recruiter to learn more about the specific policy for the role. Employees who do not live near one of our hubs are part of our remote workforce.

At Gemini, we strive to build diverse teams that reflect the people we want to empower through our products, and we are committed to equal employment opportunity regardless of race, color, ancestry, religion, sex, national origin, sexual orientation, age, citizenship, marital status, disability, gender identity, or Veteran status. Equal Opportunity is the Law, and Gemini is proud to be an equal opportunity workplace. If you have a specific need that requires accommodation, please let a member of the People Team know.