Head of Liquidity & Market Risk

Who we are

About Stripe

Stripe is a financial infrastructure platform for businesses. Millions of companies—from the world’s largest enterprises to the most ambitious startups—use Stripe to accept payments, grow their revenue, and accelerate new business opportunities. Our mission is to increase the GDP of the internet, and we have a staggering amount of work ahead. That means you have an unprecedented opportunity to put the global economy within everyone’s reach while doing the most important work of your career.

About the team

To enhance this important mission, Stripe is building world class Liquidity and Market risk capabilities. The Liquidity and Market Risk (LMR) team’s goal is to identify, measure, manage and mitigate liquidity and market risks while enabling the business to drive growth at the user, entity, and enterprise levels.

• Building a scalable and extensible platform architecture that provides an integrated risk framework for risk calculations
• Creating awareness and enabling effective decision making
• Prioritizing building processes and controls, codifying our risk management intuition so we are able to scale as product complexity grows. 
• Continuing to be user focussed and leverage our ability to manage risks that are margin accretive to Stripe and the users.

What you’ll do

We’re looking for a leader who will help us design, build, implement and scale our liquidity and market risk rigor and capabilities, an individual whose experience, insights and innovative thinking will elevate the ambitions of Stripe. As the global lead, you understand the big picture and are not afraid of tackling the foundations. You are a strategist and balanced risk thinker who is excited to identify, price, manage, mitigate liquidity and market risks while enabling the business to drive growth by delivering value to our customers. 

Responsibilities

• Be responsible for the assessment, monitoring and management of key financial risks globally
• Lead the development of a robust and scalable LMR management program that supports product ambitions
• Lead the development and implementation of risk management policies, limits, stress testing capabilities, analytics, and reporting.  Establish controls and hedging capabilities. 
• Design and implement the systems necessary for Stripe to manage FX exposures, including trade execution, liquidity optimization, cash pricing workflow, market data accuracy, and integration with product requirements including related policies and procedures.   
• Provide guidance on product shaping, including design and management of user facing controls.
• Develop risk-based pricing methodology across different products and currency pairs, that accounts for transaction cost, volatility, netting efficiency, etc. 
• Lead strategic initiatives including macroeconomic analysis and economic value added to users.  
• Partner with new product teams acting as a risk advisor, helping to assess their financial risk profile and related equity, liquidity and funding requirements.
• Deliver insights to support key business processes such as liquidity stress testing, FX risk management, counterparty analysis, and support new product launches. 
• Ensure regulatory and legal compliance in our processes. 
• Create frameworks to support capital markets initiatives ensuring that duration, interest rate, and currency gaps are incorporated into risk models.

Who you are

We’re looking for someone who meets the minimum requirements to be considered for the role. If you meet these requirements, you are encouraged to apply. The preferred qualifications are a bonus, not a requirement. If you are passionate about leveraging risk frameworks to drive business insights that will steer company decision making, we want to hear from you. 

Minimum requirements

• Bachelor’s degree and 10+ years of relevant experience, with knowledge of financial risk models and concepts such as Value-at-Risk (VaR), economic capital, monte carlo simulations, and cash flow forecasting.
• Have financial risk management experience including forecasting liquidity and regulatory ratios, stress tests, counterparty exposure monitoring, liquidity and interest rate gap analysis, VaR, and risk sensitivities.  
• Relevant trading experience and / or risk managing FX portfolios to minimize P&L
• Ability to structure solutions for optimizing liquidity positions to support user needs, including controls frameworks and pricing methodologies. 
• Project management skills and the ability to manage and deliver on multiple projects with a high attention to detail.
• Be comfortable analyzing the financials of bank counterparties and negotiating collateral requirements and setting limits based on their financial capacity. 
• Strong presentation skills and ability to transform data into a dynamic narrative. You have deep empathy for users of financial risk information and are able to create succinct narratives out of quantitative analyses. You have excellent verbal and written communication skills.
• Data-orientation. You like working with data and insights and pair that with your fundamental analysis  to generate balanced and thoughtful recommendations. An inclination to solve problems systematically via infrastructure and automation.

Preferred qualifications

• Degree in Economics, Finance, Statistics, Financial Engineering, Computer Science, Mathematics, Physics
• Strong knowledge of the payments industry
• Knowledge of regulations that pertain to the payments and financial services industry
• Experience with Tableau, Python, R, or equivalents, experience with statistical programming languages