Head of Risk

About the Role

Alloy

X is building a regulated, institution-grade stablecoin ecosystem through AX Coin. We are seeking a Head of Risk to lead the enterprise-wide risk framework, ensuring robust governance, regulatory compliance, capital and liquidity discipline, and effective risk oversight across all business activities.

This is a senior leadership role with direct engagement with the Board, regulators, and executive management.

• Own and lead the enterprise-wide risk management framework, including risk appetite, risk limits, and risk governance.
• Establish and oversee prudential risk measures, methodologies, analytics, models, and reporting.
• Ensure strong alignment with regulatory standards (e.g. Basel III–style principles, capital adequacy, liquidity management, solvency concepts).
• Oversee key risk areas including credit, market, operational, liquidity, capital adequacy, and balance sheet risks.
• Lead stress testing frameworks, scenario analysis, and sensitivity testing.
• Manage asset–liability management (ALM), portfolio allocation, and reserve risk oversight.
• Oversee valuation practices across different asset classes and reserve instruments.
• Ensure accuracy and integrity of data flows, financial reporting, and risk disclosures.
• Produce and present risk reports for:
  • Board and Board Committees
  • Regulators and prudential authorities
  • Annual reports and public disclosures
• Partner closely with Compliance, Finance, Treasury, and Technology teams.
• Build and lead a high-performing risk function, ensuring the right competencies, tools, and controls are in place.

• 5–7+ years of experience within a risk management function in financial services, banking, payments, fintech, or regulated digital assets.
• Strong understanding of:
  • Enterprise Risk Management (ERM)
  • Capital allocation and liquidity management
  • Prudential supervision and regulatory expectations
  • Risk analytics, models, and reporting
• Hands‑on experience dealing with regulators, auditors, and board-level stakeholders.
• Familiarity with portfolio management, ALM, reserve management, and financial risk controls.
• Deep understanding of the competencies and operating model required to manage a modern risk function.

• Financial Risk Manager (FRM)
• Professional Risk Manager (PRM)
• Chartered Financial Analyst (CFA)
• Associate in Risk Management (ARM – The Institutes)
• Professional qualification in Actuarial Sciences
• Other equivalent risk or financial services qualifications

• Lead risk for a regulated, next-generation stablecoin platform
• Work closely with founders, board members, and regulators
• Shape the risk architecture of a high-growth digital financial institution
• Competitive compensation and leadership visibility