Job Overview

We are seeking an experienced and pragmatic Director, Risk, to build and own the risk control framework for HashKey Capital’s liquid funds business. This is a medium-to-long-term role. The ideal candidate is someone who has seen the full cycle of secondary market risk across multiple fund types, knows where the structural pitfalls lie, and can design systems and processes to navigate them proactively. The ideal candidate will also proactively contribute towards better investment decisions based on these findings.

Job Description

• Design and implement a comprehensive risk control framework for liquid fund operations, covering market risk, counterparty risk, liquidity risk, and operational risk across fixed income, DMA, and structured product strategies.

• Establish risk limits, monitoring protocols, and escalation procedures in close collaboration with portfolio managers and senior leadership.

• Build and maintain trading risk systems, leveraging AI and automation tools to enable real-time risk monitoring, anomaly detection, and reporting.

• Oversee and monitor regulatory requirements across key jurisdictions (SFC in HK), including fund-level obligations, reporting standards, and investor protection requirements.

• Serve as the primary liaison with regulators, auditors, fund administrators, and external counsel on risk matters.

• Review and sign off on new product structures, trading strategies, and counterparty arrangements from a risk perspective.

• Conduct ongoing risk assessments and scenario analyses; translate findings into actionable recommendations for the investment and product teams.

• Build a risk-aware culture across the liquid funds business — providing training, guidance, and practical frameworks that embed risk thinking into day-to-day operations.

Job Requirements

• Bachelor’s degree or above in Finance, Law, Risk Management, or a related field; FRM or CFA is a plus.

• 8+ years of experience in risk management within secondary markets; exposure to digital assets or crypto fund environments is a strong advantage.

• Solid understanding of fund structures across open-end and close-end funds, retail and private funds (including public fund experience), and onshore and offshore fund vehicles.

• Established direct relationships with external counsel, regulators, and industry bodies relevant to fund risk in HK.

• Demonstrated experience building risk frameworks from the ground up — not just maintaining inherited systems.

• Deep understanding of secondary market risk across at least two of: fixed income, DMA strategies, structured products, or public equities.

• Hands-on experience with trading risk systems; familiarity with AI or automation tools for risk monitoring is highly valued.

• Strong working knowledge of SFC (HK) regulatory frameworks, including fund-level risk and reporting requirements.

• Proven ability to engage constructively with portfolio managers and business teams — a commercial mindset balanced with rigorous risk discipline.

• Excellent written and verbal communication skills; able to translate complex risk concepts for senior stakeholders and regulators alike.

Additional / Preferred Qualifications

• Experience across multiple fund types including public funds, private funds, open/close-end structures, and onshore/offshore vehicles.

• Experience building trading risk control systems in collaboration with technology teams.

• Familiarity with digital asset-specific risk considerations — custody risk, smart contract exposure, exchange counterparty risk, on-chain settlement.

• Prior experience in a dual SFC/MAS regulated environment, including HK compliance and overseas/offshore fund structures.

• Track record of working in high-growth or startup-adjacent environments where risk infrastructure had to be built alongside a scaling business.