Job Description

Job Summary
About 37C:
37C is building an institutional digital-asset financing & treasury platform which will be operating globally, conducting regulated activities out of ADGM. We provide USD/stablecoin lending against digital-asset collateral with assets held at qualified custodians. Beyond lending, we aim to keep borrowers and investors on-platform with curated tokenized investment opportunities and light-touch prime services (via partners) such as collateral/treasury tools. We are building a tech-first company -API-driven, security-led, with AI embedded in underwriting, monitoring, and operations. 37C is backed by a tier-1 global bank and a leading hedge fund manager.
The Opportunity:
As one of the first hires and member of the founding team, you'll be the first-line risk lead for 37C. You will design and own the risk framework across credit, market/collateral, and operational/financial risk to launch and scale 37C lending book. You'll partner closely with the CEO, CCO, and CTO to ship a robust risk engine and governance and ensure any liquidations run through pre-approved custodians/OTC partners under documented playbooks.
Key Responsibilities
Credit Risk

• Build and run borrower DD and credit files; set eligibility criteria, LTV/maintenance/margin bands, tenors, covenants, and concentration limits.
• Drive approvals and exceptions; maintain watchlist/early-warning indicators; own recoveries/workouts.
• Produce deal memos and portfolio MI for Credit/Risk Committee.

Market Risk

• Define margining cadence, haircuts, price-oracle design, stress/scenario tests, and liquidation playbooks per asset/venue.
• Orchestrate pre-mandated liquidation via custodians/OTCs; monitor slippage and venue performance; run post-mortems.
• Propose guardrail updates (assets, LTV, limits) from live data.

Operational & Financial Risk

• Author runbooks, RCSA, vendor/custody risk inputs, reconciliations, incident response/BCP; ensure four-eyes and segregation of duties.
• Model governance (inc. AI / LLM use): data quality, back-testing, monitoring and change control.

Skills and Experience
Governance, Reporting & Controls

• Chair a daily risk huddle; prepare Credit/Risk Committee packs; maintain KRIs/KPIs (margin events, time-to-call, liquidation outcomes).
• Align with Compliance/MLRO on professional-only client classification, sanctions, blockchain analytics thresholds, and financial-promotions guardrails.

Build with the CTO

• Specify and co-deliver the risk engine: data model, real-time LTV monitoring, alerting, dashboards, back-testing, and audit trails.
• Integrations: custodians, oracles, chain analytics, venues/OTCs; automate margin and call workflows end-to-end.

Stakeholders & Commercial Support

• Support founder-led sales: structure risk terms, join key institutional meetings, and translate treasury needs into product parameters-within governance limits.
• Maintain relationships with capital providers, custodians, and execution partners.

Nice to have

• ADGM/FSRA exposure; UAE ecosystem network.
• Experience integrating qualified custodians and chain-analytics; prior build of margin engines or risk tooling.
• Repo/SFT or derivatives familiarity; recovery/workout experience.

Qualifications

• 8-12+ years in institutional credit/prime/markets or crypto-institutional risk; built or led collateralised lending risk.
• Deep fluency in credit analysis, collateral/margining, liquidation mechanics, and market/liquidity risk.
• Crypto-native know-how: L1/L2s, DeFi, LSTs, custody (MPC/HSM), oracle/bridge risks; venue microstructure and OTC RFQ.
• Strong governance record in regulated contexts (FCA/DFSA/FSRA/MAS/HKMA); comfortable with audits and supervisor engagement.
• Data-driven: SQL and/or Python for analysis; dashboarding; stress and scenario design.
• Crisp communicator; calm under pressure; thrives in lean, hands-on environments

What great looks like

• Frameworks live; zero critical incidents; automated margining with sub-minute alerts and tested liquidations.
• $50-100m deployed across diversified borrowers; clear MI on LTVs, exceptions, time-to-margin, execution slippage.
• Credit/Risk Committee cadence established; stress drills completed; clean assurance results.
• Handover pack ready for a future Markets & Execution Lead; clear triggers and runbooks defined.

About Standard Chartered
We're an international bank, nimble enough to act, big enough for impact. For more than 170 years, we've worked to make a positive difference for our clients, communities, and each other. We question the status quo, love a challenge and enjoy finding new opportunities to grow and do better than before. If you're looking for a career with purpose and you want to work for a bank making a difference, we want to hear from you. You can count on us to celebrate your unique talents and we can't wait to see the talents you can bring us.
Our purpose, to drive commerce and prosperity through our unique diversity, together with our brand promise, to be here for good are achieved by how we each live our valued behaviours. When you work with us, you'll see how we value difference and advocate inclusion.
Together we:

• Do the right thing and are assertive, challenge one another, and live with integrity, while putting the client at the heart of what we do
• Never settle, continuously striving to improve and innovate, keeping things simple and learning from doing well, and not so well
• Are better together, we can be ourselves, be inclusive, see more good in others, and work collectively to build for the long term

What we offer
In line with our Fair Pay Charter, we offer a competitive salary and benefits to support your mental, physical, financial and social wellbeing.

• Core bank funding for retirement savings, medical and life insurance, with flexible and voluntary benefits available in some locations.
• Time-off including annual leave, parental/maternity (20 weeks), sabbatical (12 months maximum) and volunteering leave (3 days), along with minimum global standards for annual and public holiday, which is combined to 30 days minimum.
• Flexible working options based around home and office locations, with flexible working patterns.
• Proactive wellbeing support through Unmind, a market-leading digital wellbeing platform, development courses for resilience and other human skills, global Employee Assistance Programme, sick leave, mental health first-aiders and all sorts of self-help toolkits
• A continuous learning culture to support your growth, with opportunities to reskill and upskill and access to physical, virtual and digital learning.
• Being part of an inclusive and values driven organisation, one that embraces and celebrates our unique diversity, across our teams, business functions and geographies - everyone feels respected and can realise their full potential.

Chief Risk Officer

Skills Required