VP of Risk Management

Job Description:

• Design and scale Tidal’s risk intelligence framework, focusing on data-driven risk insights, automated reporting, and intuitive analytics for business and leadership use.
• Build, maintain, and evolve risk dashboards and reporting (e.g., operational risk, investment/portfolio risk, counterparty risks, trends, KRIs) using modern visualization tools.
• Partner with Data, Technology, and Operations to strengthen risk data architecture, data quality, and automated data flows.
• Conduct exploratory risk analytics to identify trends, concentration risks, control issues, or outliers across Tidal’s platform.
• Produce executive-level reporting to support senior leadership, governance committees, and client-facing risk materials for affiliate partners.
• Manage and maintain risk data management initiatives in partnership with the Data warehouse management team within technology and operations.
• Demonstrated working knowledge of SEC Rule 18f-4 and its operational, compliance, and reporting requirements for derivatives risk management.
• Experienced in calculating and interpreting Value at Risk (VaR) to assess portfolio market risk and support risk-based decision-making.
• Skilled in performing back-testing and stress-testing analyses to evaluate model performance and assess portfolio resilience under adverse market conditions.
• Provide oversight of derivatives exposures across Tidal-managed and supported products, including ETFs and other investment vehicles.
• Monitor derivative positions, risk factors, margin, liquidity, counterparty exposure, back testing, stress testing and scenario metrics.
• Partner closely with Portfolio Management, Investment Risk, Compliance, and the Capital Markets team to ensure appropriate derivative usage, documentation, and oversight.
• Support enhancements to derivatives risk models, measurement tools, and reporting workflows to align with regulatory and industry best practices.
• Design and own Tidal’s policy governance program, ensuring a consistent, scalable, and up-to-date policy framework across the organization.
• Manage drafting, updating, reviewing, and approving enterprise policies, standards, and procedures, ensuring alignment with regulatory requirements (SEC, CFTC/NFA, etc.) and Tidal’s operating model.
• Drive periodic policy attestation processes and uphold strong version control and documentation practices.
• Partner with policy owners across Compliance, Operations, IT, HR, Capital Markets, and other functions to ensure clarity and accessibility of policy expectations.
• Own and lead the execution of Tidal’s Risk & Control Self-Assessment (RCSA) program, ensuring a disciplined and repeatable approach across all business units with support from peer and manager.
• Facilitate risk and control identification workshops to map processes, inherent risks, control strength, and residual risk.
• Provide meaningful insights from RCSA results that actively inform governance, audits, and risk decision-making.
• Act as a trusted partner across Tidal’s growth-oriented, entrepreneurial culture—providing balanced challenge, thoughtful insights, and practical recommendations.
• Mentor and guide junior team members, helping shape a high-performing, analytical, and accountable risk function.

Requirements:

• Bachelor’s degree required; advanced degree or certifications (FRM, CFA, CAIA, PRM) strongly preferred.
• 8–12+ years of relevant experience in risk management within asset management, ETF platforms, investment management, or broader financial services.
• Strong technical competence in managing derivatives risk, including understanding of options, swaps, futures, structured instruments, margining, collateral, and liquidity risk.
• Demonstrated experience with risk analytics, dashboarding, and data visualization tools (e.g., Power BI, Tableau, Python, SQL).
• Practical understanding of enterprise risk frameworks, operational risk, policy governance, and RCSA execution.
• Exceptional written and verbal communication skills, with ability to translate complex issues into clear, actionable decision support.
• Ability to thrive in a fast-paced, high-growth, entrepreneurial environment, balancing structure with adaptability.
• Strong interpersonal skills and ability to influence stakeholders at all levels.

Benefits:

• Health insurance
• Professional development opportunities

Apply tot his job Apply To this Job