Head of Risk

Overview

Job Overview

Key Responsibilities

• Monitor and manage real-time trading risks across all CFD instruments (Forex, Indices, Commodities, Cryptos, Equities).
• Develop and implement risk policies, controls, and procedures tailored to the CFD environment.
• Maintain margin and leverage rules, and ensure adherence to risk limits.
• Monitor client exposures and identify potential high-risk accounts or abusive trading behavior (e.g., arbitrage, scalping, toxic flow).
• Manage liquidity provider exposure and ensure appropriate hedging strategies are in place.
• Collaborate with trading, operations, compliance, and IT teams to ensure overall risk is effectively managed.
• Provide daily, weekly, and monthly risk reports to management and regulators as required.
• Conduct stress testing and scenario analysis to evaluate the platform’s resilience to adverse market movements.
• Assist in regulatory reporting and audits concerning risk management.
• Proactively respond to market events (e.g., major news, volatility spikes) to protect the firm's interests.

Key Requirements

• Bachelor’s or Master’s degree in Finance, Economics, Mathematics, or a related field.
• Minimum 4-5 years of experience in a risk management role within a CFD, Forex, or financial trading firm.
• Expertise in MT5 admin and management.
• Strong understanding of CFD products, leverage, margining, and trading platforms (e.g., MetaTrader 4/5, cTrader).
• Familiarity with liquidity providers, STP/ECN vs. B-book/A-book models.
• Proficient in risk management tools, reporting systems, and Excel/SQL. Programming skills (Python, R) are a plus.
• Deep knowledge of market risk concepts such as VaR, P&L attribution, exposure analysis.
• Ability to work under pressure, especially during high-volatility periods or market events.
• Excellent communication, analytical, and decision-making skills.

Preferred

• Experience with risk monitoring systems like oneZero, Gold-i, or other bridge providers.
• Exposure to regulatory environments (FSC,SCA,ESMA, CySEC, FCA, DFSA, ASIC, etc.).
• Risk certifications (e.g., FRM, PRM) are advantageous.

Compensation

• Competitive salary & Other Benefits
• Performance-based bonuses
• Health insurance and other benefits
• Incentive programs