Chief Risk Officer – Prediction Markets & Clearing jobs in United States
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Madison-Davis, LLC · 2 days ago

Chief Risk Officer – Prediction Markets & Clearing

positionNYC Metro Area
timeFull-time
remoteHybrid
seniorityDirector/Executive
money$275K/yr - $400K/yr

Madison-Davis, LLC is a rapidly scaling, regulated digital marketplace seeking its first senior risk hire to establish and lead firmwide risk management. This hands-on role will design and implement risk frameworks across trading and clearing operations while partnering closely with product and engineering teams.

Human ResourcesInformation TechnologyStaffing Agency
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Growth Opportunities
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H1B Sponsor Likelynote

Responsibilities

Build and own the risk management function as the firm’s first dedicated risk leader
Design, implement, and oversee clearing and settlement risk frameworks, including default management, margining, and stress testing
Establish and govern margin and collateral methodologies, ensuring ongoing calibration as trading volumes scale
Develop market risk monitoring, exposure limits, and real-time dashboards across both trading and clearing operations
Lead scenario analysis and stress testing for volatility events, market dislocations, and extreme outcomes
Act as the primary decision-maker during market stress events, including escalation and response
Partner directly with product and engineering teams to embed practical risk controls into platform design
Serve as the primary risk liaison with regulators, including experience engaging with derivatives and swap market regulators (e.g., CFTC)
Support regulatory examinations, inquiries, and ongoing supervisory interactions related to market structure, clearing, and collateral processes
Create lightweight governance, reporting, and escalation processes appropriate for a high-growth environment
Lay the foundation for a future risk organization, including hiring strategy and operating model design

Qualification

Risk managementClearingSettlementMarket risk monitoringStress testingRegulatory engagementCollaboration with engineeringGovernance processesTeam leadership

Required

Experience in risk management within a regulated financial environment
Proven track record of designing and implementing risk frameworks
Experience with clearing and settlement risk frameworks, including default management, margining, and stress testing
Ability to establish and govern margin and collateral methodologies
Experience in developing market risk monitoring and exposure limits
Experience in leading scenario analysis and stress testing for volatility events
Ability to act as a primary decision-maker during market stress events
Experience partnering with product and engineering teams to embed risk controls
Experience serving as a risk liaison with regulators, particularly in derivatives and swap markets
Experience supporting regulatory examinations and inquiries
Ability to create governance, reporting, and escalation processes in a high-growth environment
Experience in building and leading a risk team

Company

Madison-Davis, LLC

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Madison-Davis is a staffing and recruiting company offering financial services.
dateFounded in 1982
location
Tarrytown, New York, USA
people-size51-200 employees
web-link
http://tmdg.com

H1B Sponsorship

Madison-Davis, LLC has a track record of offering H1B sponsorships. Please note that this does not guarantee sponsorship for this specific role. Below presents additional info for your reference. (Data Powered by US Department of Labor)
Distribution of Different Job Fields Receiving Sponsorship
Represents job field similar to this job
Trends of Total Sponsorships
2025 (22)
2024 (15)
2023 (8)
2022 (3)
2021 (1)

Funding

Current Stage
Growth Stage

Leadership Team

I
Ian Stewart
Founder and Advisor
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Company data provided by crunchbase