---
title: 'Head of Risk at Keyrock'
canonical: 'https://feeny.ai/job/head-of-risk-keyrock-london-wgz1x058a9g2'
type: 'job'
last_seen: '2026-11-08'
---

# Head of Risk at Keyrock

- **Company:** Keyrock
- **Location:** London, United Kingdom
- **Employment:** full-time
- **Work type:** remote
- **Posted:** 2026-09-22
- **Last confirmed live:** 2026-11-08
- **Apply:** https://jobs.ashbyhq.com/Keyrock/dd723380-0e06-401f-8c7c-c7ecb33f0cbf

## Job description

## About Keyrock

Since 2017, Keyrock has been a change-maker in digital assets. We're a global, remote-first team of 200+ people across 40+ nationalities, with hubs in Brussels, London, Paris and New York. We provide liquidity across 80+ centralized and decentralized exchanges - a position cemented by our Series C, led by SC Ventures. Today we run a full spectrum of capital markets businesses across centralized and on-chain venues: market making, high-frequency trading, options, OTC, DeFi trading desks, advisory, and asset management. We're building toward the agentic investment banking capabilities for the era of digital finance. A proprietary agentic layer runs the mechanics of the market, so our people can focus on the work code cannot do: the deal, the relationship, and the judgement.

We're not just envisioning the future of finance - we're building it.

## What we are looking for

We are seeking a Head of Risk to own and develop the Firm’s risk function end-to-end. This is a senior leadership role with direct accountability for the design, implementation and enforcement of a Firm-wide risk framework across all activities. The role requires strong quantitative risk expertise and the ability to apply rigorous methodologies to complex, real-time markets across both traditional finance and digital assets. The successful candidate will co-design the firm’s risk architecture with the COO and CIO, covering data, analytics and real-time risk aggregation. You will have full oversight of risk across trading (spot and derivatives), treasury and investments, including exposures across CeFi and DeFi environments. This includes defining risk appetite, implementing advanced risk metrics and ensuring disciplined risk-taking across the organization. We are looking for a leader who sets the standard, challenges the business and enforces a strong risk culture, while enabling the firm to scale.

## Role description

Quantitative Risk Framework: Develop and maintain a quantitative risk framework grounded in modern risk theory (e.g. market, credit, liquidity and systemic risk modelling), leveraging concepts such as tail risk, extreme value theory, dependence structures and stress testing Firm-wide Risk System Architecture: Co-design and implement the Firm-wide risk management system in close collaboration with the COO and CIO, including data architecture, risk aggregation layers, real-time monitoring capabilities and reporting infrastructure across all business lines. Cross-Asset & Cross-Infrastructure Risk Integration: Build an integrated risk view across centralized and decentralized venues, covering exchange risk, counterparty risk, smart contract risk, collateral efficiency and liquidity fragmentation. Advanced Risk Modelling & Metrics: Define and implement advanced risk metrics (VaR, Expected Shortfall, stress scenarios, liquidity-adjusted risk, concentration risk) and ensure their consistent application across trading, treasury and investment activities. Is plus: TradFi ↔ Crypto Risk Translation: Translate traditional financial risk methodologies into crypto-native environments, adapting models to account for 24/7 markets, fragmented liquidity, funding dynamics, on-chain transparency and new failure modes (e.g. oracle risk, protocol risk).

Background and Experience

Quantitative Risk Expertise: Strong foundation in quantitative risk management, including hands-on experience with market risk, credit risk and liquidity risk modelling, ideally aligned with frameworks such as those presented in Quantitative Risk Management (McNeil, Frey, Embrechts). Modelling & Analytical Skills: Demonstrated ability to design and implement risk models, including tail risk estimation, scenario analysis, stress testing frameworks and dependence modelling across asset classes. System Design & Cross-Functional Leadership: Proven experience in designing or co-designing firm-wide risk systems, working closely with technology (CIO) and operations (COO) to translate risk requirements into scalable infrastructure. TradFi + Crypto Hybrid Experience: Experience operating at the intersection of traditional financial markets and digital assets (CeFi and/or DeFi), with a strong understanding of differences in market structure, risk transmission and infrastructure. Crypto-Specific Risk Understanding: Practical knowledge of crypto-specific risks, including exchange/custodian risk, smart contract risk, protocol risk, funding/basis dynamics and collateral management in both centralized and decentralized environments.

Competences and personality

- Strong drive and proactivity to continuously strengthen the risk management in a fast-growing financial institution
- The candidate reports to the COO but this is not a reporting role, but a quantitative risk management system-building role.

Our recruitment philosophy

We look for self-aware candidates who bring both the core skills required for the role and a deep alignment with our performance principles. We seek fiercely passionate, mission-driven people who communicate with purpose and practice proactive ownership. The perfect fit? A crypto enthusiast who prioritizes mission over ego, maintains a commercial mindset, and delivers long-term value through pragmatic flexibility.

Our offer

- A competitive salary and global benefit package
- Annual Team Retreats: a yearly offsite dedicated to strategy, celebration of our wins and fun team activities
- Autonomy in your time management thanks to semi-flexible working hours=
- Fast-paced, highly intellectually stimulating working environment
- The freedom to create your own entrepreneurial experience by being part of a team of people in search of excellence

Keyrock offers you both a career and a large range of benefits that we will gladly discuss in the course of the application process. As an employer we are committed to building an inclusive, diverse and non-discriminating work environment. We welcome employees of all backgrounds, ethnicities, genders, creed and sexual orientation. We hire, reward and promote entirely based on merit and performance.

## About Keyrock

## Company Overview
- **One-liner**: Keyrock is a global digital asset investment firm that provides institutional-grade market making, OTC trading, options, and asset management services to tokenised economies.
- **Entity Type**: Private (funded: Seed 2018, Series A 2020, Series B 2022, Series C 2026)
- **Headquarters**: Brussels, Belgium
- **Founded**: 2017
- **Founders**: Kevin de Patoul (CEO), Juan David Mendieta (CSO), Jeremy de Groodt (CTO)

## Core Business
- **Primary industry**: Digital asset financial services (crypto market making, trading, liquidity provision, asset management)
- **Target customers**: B2B – institutional investors, crypto foundations, corporations, and token projects
- **Mission**: “Changing the course of finance” – building the future of financial services with digital assets, combining performance with integrity. [keyrock.com](https://keyrock.com/)

## Products & Services
- **Market Making**: Provides liquidity and tight spreads across 85+ exchanges and 1,400 markets, optimising pricing and reducing slippage. [keyrock.com](https://keyrock.com/)
- **OTC Trading**: Facilitates large block trades for institutions outside of public order books.
- **Options**: Digital asset options desk for hedging and yield strategies.
- **Asset Management**: Institutional-grade, quant-led investment strategies (traditional funds and onchain alternatives) designed for the tokenised economy.
- **Solutions**: Tailored liquidity and infrastructure for token projects, including launch support and custom algorithms.
- **Insights**: Proprietary research and market intelligence to guide decision-making.

## Market Standing
- **Valuation/Market Cap**: The company states a valuation of $1.1 billion (per CEO biography on company site). [keyrock.com/about-us/](https://keyrock.com/about-us/)
- **Key Metric**: Total funding of $78.1 million across 5 rounds. Annual revenue estimated at $10 million. [be.linkedin.com](https://be.linkedin.com/company/keyrock)
- **Notable Investors**: Volta Ventures (Seed/Series A), SIX FinTech Ventures (Series A), Middlegame Ventures (Series A), Ripple (Series B), SC Ventures (Series C), Tenity. [be.linkedin.com](https://be.linkedin.com/company/keyrock)
- **Growth Signals**: 220+ employees across 36 countries; opened OTC and Options desk in 2023; team grew from 100+ (2022) to 220+ (2026); acquired Turing Capital Management and Fija Finance; Series C round in 2026 led by SC Ventures. [keyrock.com/about-us/](https://keyrock.com/about-us/), [be.linkedin.com](https://be.linkedin.com/company/keyrock)

## Competitive Advantages
- **Pioneering longevity**: Operating since 2017, before the major crypto bull runs, giving it deep experience and battle-tested algorithms.
- **Proprietary technology**: In-house V1/V2 market making algorithms and custom infrastructure that process billions of dollars daily.
- **Hybrid talent pool**: Combines crypto natives with traditional finance veterans from Goldman Sachs, Bank of America Merrill Lynch, UBS, and Roland Berger.
- **Global reach**: Integrated with 85+ exchanges and 1,400 markets, covering both centralised and decentralised venues.
- **Full‑service offering**: From market making and OTC to asset management and research – a one‑stop shop for institutional digital asset needs.

## Strategic Focus
- **Onchain expansion**: Acquisitions (Fija Finance) and product development to deepen DeFi and tokenised asset capabilities.
- **Institutional scaling**: Building out corporate sales and asset management for the growing tokenised economy.
- **Long‑term infrastructure**: Investing in technology and compliance to support mainstream institutional adoption.

## Why Work Here
- **Remote‑first culture**: Based in the EU, UK, and Switzerland, with team members across 36 countries and hubs in Brussels, London, Zurich, New York, and more. [keyrock.com](https://keyrock.com/)
- **Fast‑paced growth**: Team has more than doubled in size since 2022, offering rapid career progression and exposure to cutting‑edge digital asset markets.
- **Cross‑disciplinary teams**: Work alongside engineers (Rust, data), traders, compliance experts, and financial strategists in a flat, high‑ownership environment.
- **Active hiring**: Over 260 open positions at the time of writing, including engineering, sales, compliance, and data roles. [jobs.ashbyhq.com/keyrock](https://jobs.ashbyhq.com/keyrock)
- **Perks & culture**: Not explicitly listed, but the company emphasises excellence, integrity, and long‑term thinking. Benefits typical of well‑funded fintech/crypto firms (equity, remote flexibility, learning budget likely).

## Sources
1. [keyrock.com](https://keyrock.com/) – Main website, corporate overview, product descriptions, mission.
2. [keyrock.com/about-us/](https://keyrock.com/about-us/) – Company history, team bios, funding milestones, valuation claim.
3. [keyrock.com/careers/](https://keyrock.com/careers/) – Careers page with open roles and culture descriptions.
4. [jobs.ashbyhq.com/keyrock](https://jobs.ashbyhq.com/keyrock) – Active job listings (266 as of search).
5. [be.linkedin.com/company/keyrock](https://be.linkedin.com/company/keyrock) – LinkedIn profile with financials, funding rounds, employee growth, and industry classification.

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- [DeFi Quant Trader Intern (Credit) - Brussels](https://feeny.ai/job/defi-quant-trader-intern-credit-brussels-keyrock-brussels-z6713h421n05) — Brussels, Belgium
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