Head of Market Risk
Polymarket is a decentralized information markets platform that lets users bet on the outcome of real-world events.
Maintainer signals as of 8/14/2026
Funding history
About Polymarket
Polymarket is an information markets platform where users can trade on the outcomes of various events, leveraging the power of free markets to forecast the future. It provides a mechanism for users to bet on real-world events and earn money based on the outcomes.
Skills
Candidate Availability
Required and preferred rules are kept separate and reflect the wording in the original posting.
About the Role
You will own the end-to-end market risk framework for an FCM and DCO, including risk appetite, limits, escalation triggers, margin parameters, and risk policies. You will present exposures and stress results to committees, boards, regulators, and clearing members; oversee exposure monitoring and limit breaches; design stress and scenario analyses; support default management; monitor market events; and lead the market risk function. You will also collaborate with quants, developers, operations, compliance, finance, treasury, and technology to implement effective risk controls.
Requirements
- Prior trading experience in derivatives, futures, options, fixed income, commodities, or equities
- Expertise managing risk at a DCO, FCM, or trading desk
- Hands-on experience with VaR, Expected Shortfall, stress testing, scenario analysis, SPAN, or portfolio margining
- Working knowledge of CFTC regulations and DCO Core Principles
- Knowledge of customer fund segregation and related FCM and DCO requirements
- Exceptional ability to present exposures, model results, and risk trade-offs to risk committees, boards, and regulators
- 10+ years of experience in market risk, clearing risk, trading, or a closely related discipline
- Leadership or senior individual-contributor experience
- Bachelor's degree in finance, economics, mathematics, engineering, or a similar quantitative field
- Experience at a clearinghouse, CCP, FCM, investment bank, or similar environment
- Advanced degree or FRM, CFA, or PRM qualification
- Participation in a default-management event or industry default simulation
Responsibilities
- Own the market risk framework for the FCM and DCO
- Define risk appetite, limit structures, escalation triggers, and risk policies
- Present exposures, limit utilization, stress results, and emerging risks to the Risk Committee and Board
- Ensure compliance with CFTC requirements and DCO Core Principles
- Calibrate risk appetite across proprietary, client-facing, and mutualized risks
- Set, monitor, and tune initial and variation margin, add-ons, concentration charges, and liquidity charges
- Build an end-to-end risk platform with quants and developers
- Adjust risk parameters in response to changing market dynamics
- Monitor house and member exposures, margin coverage, and limit breaches
- Lead responses to intraday market moves
- Design and run stress tests, reverse stress tests, and scenario analyses
- Size guaranty funds, default funds, and other financial resources
- Provide market-risk expertise for default management, auctions, and liquidations
- Monitor macroeconomic and market events and assess their impact on cleared portfolios
- Build and lead the market risk team
- Embed risk controls into daily operations and system design
- Engage clearing members and large clients about risk profiles, margin requirements, and exposure concentrations
Benefits
- Equity
- Unlimited PTO
- Health insurance
- Vision insurance
- Dental insurance
- 401(k) match
- MacBook Pro
- Display
- Accessories
