Risk Officer, Derivatives at Webull in New York, NY

Job description

Webull is a leading digital brokerage platform built on next generation global infrastructure. At Webull, we believe that everyone should have an equal opportunity to control their own financial future. Our vision has always been to empower individual investors with the tools and resources they need to succeed financially. This commitment remains at the heart of everything we do. From low-fee trading and robust market data to advanced analytical tools, we are committed to providing a seamless, top-tier trading experience. About The Role & Team At Webull, we are committed to empowering individual investors with the tools and resources they need to take control of their finances. Our mobile-first platform provides commission-free trading of stocks, options, and ETFs, giving users the freedom to invest in the assets that matter to them without worrying about high fees eating into their returns. In March 2024, we announced our addition of futures trading. Webull Futures LLC operates in a highly regulated futures environment where disciplined risk governance, strong controls, and proactive regulatory engagement are essential. The risk function is responsible for identifying, measuring, monitoring, and escalating the financial, operational, liquidity, credit, market, technology, and third-party risks associated with the firm’s futures business. We are seeking a senior, highly experienced Risk Officer for Webull Futures LLC. This individual will be the senior-most risk officer for the futures business and will own the design, implementation, and ongoing oversight of the firm’s risk management framework. The role will partner closely with executive leadership, Compliance, Legal, Operations, Product, Treasury, Finance, Technology, and enterprise risk leadership to ensure that Webull Futures LLC maintains a robust, scalable, and regulator-ready risk program aligned with CFTC, NFA, exchange, clearing, and internal governance expectations. In This Role, You Will Serve as the senior-most risk officer for Webull Futures LLC, with ownership of the firm’s futures risk management framework, governance structure, policies, procedures, limits, reporting, and escalation protocols. Identify, assess, monitor, and escalate material risks across the futures business, including market, credit, liquidity, operational, technology, model, vendor, clearing, margin, concentration, and regulatory risk. Establish and oversee risk appetite, key risk indicators, trading and exposure limits, stress testing, scenario analysis, margin monitoring, and other risk controls appropriate for an FCM and technology-driven futures platform. Partner with the CEO of Webull Futures LLC, US CRO, Compliance, Legal, Operations, Product, Treasury, Finance, Technology, and enterprise risk leadership to ensure risk considerations are embedded into strategy, product development, operational processes, and new business initiatives. Provide independent risk challenge and executive-level guidance on futures product launches, client onboarding, clearing relationships, margin policy, liquidity planning, incident management, and business continuity preparedness. Prepare and present risk reports, dashboards, escalations, and governance materials to senior management, board-level stakeholders, committees, and relevant control functions. Maintain a regulator-ready risk program and support interactions with the CFTC, NFA, exchanges, clearing organizations, auditors, and other external stakeholders in coordination with Compliance and Legal. Stay informed of futures industry developments, regulatory expectations, market structure changes, and emerging risks, and proactively evolve the risk program as Webull Futures LLC scales. The Skills You Bring Bachelor’s degree in finance, economics, risk management, accounting or a related quantitative field; an advanced degree or relevant professional certification is preferred. Minimum of 8+ years of progressive risk management experience in futures, de