Head of Risk

Job Description

Location: Dubai, UAE.

Department: Risk Management Reports to: Managing Director / Head of department

Employment Type: Full-Time

Job Overview

The Risk Manager is responsible for identifying, analyzing, and mitigating risks associated with trading activities on the CFD platform. This includes market risk, credit risk, operational risk, and liquidity risk. The ideal candidate will have deep knowledge of CFD products, financial markets, trading systems, and regulatory frameworks.

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).

• 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.

• 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