About the job
We are seeking a talented Risk Manager to enhance and expand our risk management capabilities within a dynamic forex/CFD brokerage setting. In this pivotal role, you will oversee daily market risk and client risk management, ensure effective implementation of risk policies, and collaborate with teams across Dealing, Compliance, Operations, Product, and Technology to establish robust controls, streamline processes, and develop a resilient risk framework.
This is an impactful opportunity for an individual who excels in both hands-on monitoring and strategic risk design, and who thrives in a fast-paced trading environment.
Key Responsibilities
Market Risk & Exposure Management
Monitor real-time and end-of-day net exposure, concentration risk, and volatility risk across various instruments including FX, metals, indices, and crypto.
Establish and maintain risk limits, including exposure caps, concentration thresholds, margin buffers, and escalation protocols.
Collaborate with the Dealing team to manage hedging logic, execution quality, and navigate abnormal market conditions.
Client Risk, Conduct & Trading Surveillance
Identify and investigate abusive or high-risk trading behaviors such as latency arbitrage, bonus abuse, toxic flow, and other anomalies.
Implement and optimize risk flags, segmentation rules, and client profiling strategies, distinguishing between new and mature clients, as well as retail and partner classifications.
Advise on risk actions, including leverage and instrument restrictions, margin adjustments, and reviews of trading conditions in accordance with internal policies.
Risk Controls, Policies & Governance
Develop and enhance risk policies and standard operating procedures (SOPs) related to leverage frameworks, margin calls, negative balance protection, and more.
Facilitate the risk committee's operations, including maintaining dashboards, incident reports, action plans, and KPI tracking.
Ensure comprehensive audit trails and well-structured documentation of all decisions and actions taken.
Data, Automation & Tooling
Manage dashboards and reporting tools (MT4/MT5, CRM, BI tools) focusing on exposures, PnL drivers, client cohorts, and incidents.
Collaborate with Tech and Product teams to automate monitoring processes, alerts, and rule-based controls.
Enhance risk efficiency by minimizing manual work through the development of workflows and tooling.
Cross-Functional Collaboration
Coordinate with Compliance to address AML red flags and suspicious behaviors effectively.
Assist Sales and Partnerships with risk-related insights for promotional structures, rebates, and bonus eligibility rules to ensure controlled downside.
Provide training to internal teams on risk management best practices and escalation protocols.