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Hacksawoperations LTD

Risk Lead

Posted 5 hours ago
5-10 years experience
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AI Summary

Lead the risk desk across operations risk, quantitative risk, and surveillance, setting limits and policies and taking action such as halting markets, cancelling trades, or changing limits. Develop surveillance rules, oversee margin methodology and stress testing, document incidents, and build the risk team as the platform grows.

Hacksaw Markets is a B2B prediction-market platform that operators can use to offer prediction markets under their own brands. Most markets are listed and settled automatically. A shared order book creates a rare view of exposure across markets, operators and participants. At launch, the Risk Lead will cover operations risk, quantitative risk and surveillance, then grow the function into a round-the-clock desk.  You will lead the Risk desk alongside Markets, Settlement, Operators and Compliance, starting hands-on and building the team as the platform expands.


What you will own

  •  Define limits across markets, operators and participants, plus the policies that trigger automatic or manual halts.
  • Halt markets, cancel trades or change limits when conditions require it, documenting each decision.
  • Design surveillance rules for insider patterns, wash trading and coordinated activity across operators.
  • Own margin methodology and stress testing until the quantitative function expands.
  • Write incident reviews that change a rule, a process or a tool.
  • Build the desk across operations risk, surveillance and quantitative risk.


What you bring

  • Trading-risk or exchange-risk experience in an exchange, clearing house, sportsbook or trading environment.
  • First-hand experience halting a market and defending the decision afterwards.
  • Comfort with SQL and the judgment to recognise when a number is wrong.
  • The ability to write policies that engineers can implement and regulators can understand.
  • Fluent English and calm leadership under pressure. 


Why Hacksaw Markets

  • A genuine build-stage mandate with direct influence over product, operating model and culture.
  • An ambitious team supported by established technology, operating experience and long-term capital.
  • The opportunity to help create trusted infrastructure for a category moving rapidly into the mainstream.


Ready to apply?
Apply with your CV or LinkedIn profile and a short note describing the most relevant market, system, product or operational challenge you have owned.


*By applying for this position, you consent to the collection and processing of your information for recruitment purposes*

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