top of page
Benedict Roth
SEDA Experts

Benedict Roth

Managing Director

Benedict Roth is a senior risk management expert with more than 35 years of experience across banking, financial regulation, and digital asset markets. His expertise spans counterparty credit risk, market risk and financial engineering, with a focus on traded risk, emerging infrastructures, and the interaction between risk, regulation and business strategy.

Risk Management Expert Witness

Mr. Roth has held Chief Risk Officer roles in both traditional and digital financial institutions. Most recently, he served as interim Chief Risk Officer at AsiaNext, a Singapore-based cryptocurrency derivatives exchange, where he established the firm’s risk management architecture, including governance, controls, and collateral frameworks, and led the redesign of its perpetual futures product.

Previously, as Chief Risk Officer at Zodia Markets, a startup digital asset exchange and brokerage with a complex financial, operational, cyber, and financial crime risk profile, he designed and implemented a comprehensive risk framework which enabled the firm’s successful registration with the UK Financial Conduct Authority as a cryptoasset service provider.

Mr. Roth spent eight years at the Bank of England (and previously the Financial Services Authority), where he worked across supervision and prudential policy. He advised on complex regulatory arbitrage issues, counterparty credit risk, and risk culture, as well as contributing to international regulatory initiatives, including a Basel Committee working group tasked with analysis of the impact of regulation on the global repo markets.

Earlier in his career, he held senior risk roles at HSBC, WestLB, Rabobank, and Caspian Securities, developing advanced approaches to counterparty credit risk, valuation of credit-risky derivatives, and traded risk management. At HSBC, he led global funds credit risk analytics and helped evolve the bank’s approach to valuing credit-risky transactions by integrating expert judgement with quantitative models.

Mr. Roth began his financial services career at National Westminster Bank, where he held a range of business strategy, risk and treasury roles over more than a decade, contributing to the development of one of the earliest regulator-approved value-at-risk models in the UK and advising senior management on capital allocation and strategic risk exposures.

He has published extensively on risk management and financial markets in outlets including Risk.net, the Financial Times, and the Bank of England Quarterly Bulletin. He holds an MA from Oxford University and pursued graduate studies in Operations Research at Stanford University.

EXPERTISE


Counterparty Credit Risk

Digital Assets & Cryptocurrencies

Enterprise Risk Frameworks

Repo & Synthetic Financing

Regulatory Arbitrage


EDUCATION

Worcester College, Oxford

MA, Oriental Studies


Stanford University

Graduate studies in Operations Research

WORK HISTORY

SEDA Experts

Managing Director

2026-Current


AsiaNext (Asia Digital Exchange Pte Ltd)

Chief Risk Officer (interim)

2024-2025


Zodia Markets

Chief Risk Officer

2021-2023


Bank of England

Chief Risk Officer, Ministry of Housing, Communities and Local Government

2018-2020

Policy Strategy and Implementation, Prudential Policy

2016-2018

Supervisory Risk Specialists and International Supervision

2012-2015


HSBC BANK PLC

Head of Global Funds Credit Risk Analytics

Credit Exposure Measurement and Control

2006-2011


Fimat International Banque SA

Deputy Head of Risk & Credit

2005


WestLB AG, London Branch

Deputy Head of the Market Risk Management Group in London

2001-2005


Rabobank International, London Branch

Director

1998-2001


Merrill Lynch

Equity Derivative Product Controller

1997-1998


Caspian Securities

Head of Risk Management

1996-1997


National Westminster Bank

Operations research, risk and treasury roles

1984-1996

Contact Form
Anchor 1

Contact

Benedict Roth

1185 Avenue of the Americas
New York, NY 10036

+1 646-626-4555

Thanks for submitting!

bottom of page