Job Description
This position is responsible for designing risk control strategies and rule-setting related to Futures Trading, covering risks arising from trading behaviors and contract activities/incentives. The primary objective is to ensure the platform's fund safety, rule fairness, and controllable operations during both normal and extreme market conditions, rather than managing liquidity or matching layers.
Key Responsibilities
- Futures Trading Risk Control Strategy (Core)
- Design and continuously optimize risk control rules and threshold systems for futures trading, including but not limited to:
- Identification of abnormal profit users and teams
- Detection of wash trading/matched orders/high-frequency abnormal trading
- Arbitrage behaviors exploiting mechanisms like liquidation, funding rates, and mark prices
- Develop risk stratification and handling strategies at account, currency pair, and platform levels:
- Frequency limits/leverage reduction/position limits/close-only/freezing/withdrawal restrictions
- Clarify boundaries between risk control, liquidity, user operations, and risk control systems to avoid strategy conflicts
- Design and continuously optimize risk control rules and threshold systems for futures trading, including but not limited to:
- Contract Activities and Incentive Risk Control
- Identify and evaluate risks from contract activities (e.g., trading competitions, rebates, points, fee discounts):
- Wash trading to obtain rewards
- Exploiting activity rules to create "risk-free trading volume"
- Team-based or scripted arbitrage behaviors
- Provide risk control constraints during activity design:
- Activity thresholds, measurement standards, reward distribution conditions
- Boundaries for risk control exemptions and triggers
- Develop specialized risk control rules and post-event verification mechanisms during activities
- Identify and evaluate risks from contract activities (e.g., trading competitions, rebates, points, fee discounts):
- Risk Incident Review and Strategy Iteration
- Conduct post-mortem analysis of major risk incidents (abnormal profits, systemic wash trading, extreme market impacts)
- Translate review results into actionable rules, thresholds, or strategy upgrades
- Continuously reduce "manual post-event interventions" and promote proactive, rule-based risk control systems
- Cross-Team Collaboration
- Align risk control boundaries with trading/liquidity teams to avoid using risk control for liquidity issues
- Collaborate with risk execution and R&D teams to ensure strategies are executable, monitorable, and replayable
- Work with product/operations teams to complete risk assessments before contract activities or rule changes
- Exception and Compensation Rule Design
- Design platform compensation rules for scenarios like system anomalies, market anomalies, external price source issues, delays, or interruptions:
- Define boundaries and judgment conditions for compensable/non-compensable cases
- Distinguish platform responsibility, market risks, and user-specific risks
- Develop compensation calculation logic and standards, including:
- Affected order scope, time windows, and user stratification
- Compensation benchmarks (mark price/index price/actual execution price)
- Compensation caps, ceiling mechanisms, and budget controls
- Collaborate with customer service, operations, and legal teams to ensure rules are explainable, executable, and consistent externally
- Review historical compensation cases to optimize rules and prevent arbitrage or reuse
- Design platform compensation rules for scenarios like system anomalies, market anomalies, external price source issues, delays, or interruptions:
Job Requirements
- Experience in cryptocurrency exchange futures trading, understanding core mechanisms and risk logic of perpetual contracts
- Familiarity with at least one of the following areas, with systematic understanding:
- Futures trading risk control (liquidation, auto-deleveraging, abnormal profits)
- Trading behavior anomalies from contract activities/incentives/rebates
- Ability to translate risk issues into clear rules and thresholds rather than relying on temporary manual judgments
- Strong data awareness to develop risk control strategies based on trading data and account behaviors
- Sensitivity to user trading behaviors, understanding common arbitrage and rule-bypassing methods targeting exchanges
Preferred Qualifications
- Experience in futures risk control strategies at top or second-tier exchanges
- Experience designing or participating in risk control rules for trading competitions, rebates, or incentive activities
- Familiarity with risk control rule engines and real-time/near-real-time risk control systems
- Ability to make rational trade-offs between "trading experience" and "risk control"
Benefits
Remote work
