Head of Risk Management

Skills

About the Role

You will take ownership of market risk across the CFD brokerage, designing and managing exposure frameworks, monitoring net open positions in real time, and setting and enforcing risk limits. You will develop and execute hedging strategies, manage LP and counterparty exposure, and optimize hedge execution during volatile markets. You will build and refine analytical models to assess client flow, perform P&L attribution and execution analysis, and deliver data-driven insights. You will model extreme market scenarios, conduct regular stress tests, ensure adequate capital buffers and contingency plans, produce and improve risk reports and dashboards, present findings to senior management and the board, and work with Compliance to meet regulatory risk obligations.

Requirements

• 7–10 years of experience in risk management within a CFD brokerage, market maker, or similar environment
• At least 3 years in a senior role
• Expert-level understanding of exposure management, hedging strategies, and market risk frameworks in a retail brokerage context
• Strong quantitative and analytical skills and experience building models and scoring frameworks
• Deep understanding of risk systems, reporting tools, and real-time monitoring dashboards
• Deep knowledge of FX, indices, commodities, and equity CFD risk dynamics
• Proven ability to manage risk during high-volatility events and market dislocations
• Experience working within regulated environments such as CySEC, FCA, ASIC or equivalent
• Strong communication skills capable of translating complex risk concepts for non-technical stakeholders
• Programming or scripting skills (Python, SQL, R) — nice to have
• Experience with crypto CFD risk management — nice to have
• Background in quantitative finance or financial engineering — nice to have
• Experience presenting risk reports to board-level audiences — nice to have
• Familiarity with regulatory capital requirements (e.g., ICF, Pillar III) — nice to have

Responsibilities

• Design and manage the exposure management framework across all instruments and asset classes
• Monitor and manage the firm's net open position in real time
• Set and enforce risk limits per client, instrument, asset class, and firm-wide
• Develop and maintain flow classification models to optimize client flow management
• Develop and execute hedging strategies and decide when and how to hedge
• Manage LP and counterparty relationships from a risk perspective
• Optimize the balance between hedging cost and risk reduction
• Manage hedge execution during volatile market conditions
• Build and refine analytical models to assess client flow characteristics and risk profiles
• Perform deep analysis of trading patterns, execution data, and P&L attribution
• Deliver data-driven insights to improve execution and flow management
• Model extreme market scenarios and conduct scenario planning
• Ensure adequate capital buffers and contingency plans for tail-risk events
• Conduct regular stress tests and present findings to senior management and the board
• Produce daily, weekly, and monthly risk reports covering VaR, net exposure, concentration risk, P&L attribution, and hedging costs
• Own and continuously improve risk reporting systems, dashboards, and monitoring tools
• Present risk dashboards and insights to the executive team and board
• Work closely with Compliance to ensure margin requirements, negative balance protection, leverage limits, and regulatory risk obligations are met

Benefits

• Performance-based bonus
• ESOP