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DriveWealth is a global B2B fintech platform democratizing access to financial markets through an API-based infrastructure. The company enables partners to offer seamless investing and trading experiences worldwide, supporting US equities, mutual funds, ETFs, fixed income, and options trading, including innovative features like fractional share ownership and tokenized settlement.
Reporting to the Head of Risk Management, the Financial Risk Lead owns second-line oversight of market, credit, liquidity, and counterparty risk across the firm. This is a builder's role in an environment where the risk profile is actively taking shape. The role requires developing defensible financial risk frameworks for novel asset classes and business models—fractional inventory, multi-currency partner funding, stablecoins, and tokenized settlement—that do not map cleanly onto conventional broker-dealer risk methodology.
Key responsibilities include:
**Build and Own the Financial Risk Framework**: Develop the financial risk appetite statement, limit framework, and supporting policies from the ground up. Establish and lead the financial risk forum with clear decision rights and escalation protocols. Own financial risk reporting to the Global Risk Committee and Board. Establish independent challenge mechanisms over first-line risk-taking.
**Own the Margin Program**: Build enterprise margin policy including decision authority and exception management. Establish margin portfolio stress testing, scenario design, and exposure limits. Define risk mitigation practices for margin call sellouts, option expiration exposure, and concentrated positions.
**Protect Liquidity, Capital, and Market Access**: Partner with Treasury on liquidity risk frameworks covering intraday funding, clearing, settlement, and stress scenarios. Own second-line oversight of market access and pre-trade risk controls including credit thresholds, order limits, and kill switch governance. Partner with Finance on net capital, capital adequacy, and clearing fund exposure reporting.
**Own Counterparty, Credit, and Market Risk**: Build counterparty risk frameworks for securities lending, clearing counterparties, banking relationships, and partner credit exposure. Own credit risk from margin lending and partner receivables. Extend market risk coverage to derivatives trading, fractional share inventory, principal positions, and currency exposure from international partner funding.
**Build Framework for Digital Assets and Tokenization**: Own financial risk for digital asset and tokenized activity, including stablecoin reserve and redemption risk, issuer and custodian counterparty risk, and settlement risk in tokenized environments.
Success requires an independent, proactive leader who can quantify exposure credibly, challenge the first line without stalling business momentum, and translate financial risk into actionable business decisions. Close partnership with Treasury, Trading, Operations, Finance, Engineering, and Compliance is essential.
