Job Title: Head of Risk Management
Who are we?
CFI Financial Group is an award-winning trading provider, possessing more than 25 years of experience with multiple offices around the world including London, Larnaca, Beirut, Amman, Dubai, Kuwait, Port Louis, and others.
Check out more about CFI here: https://cfifinancial.com/en-ae/about-us
CFI is hiring! Make your mark in the online trading industry.
Are you looking to pursue a career in finance? Do you want to work with a dynamic and growing team in the exciting world of online trading and investing? If you answered yes, then we have some amazing opportunities for you!
Description:
We are seeking a highly motivated and experienced Head of Risk Management, reporting to the Group’s CFO, who will oversee the risk management operations, ensuring the integrity of trading practices and the optimization of results. The role requires a proactive approach to monitor market exposure, identify high-risk trades, and manage the overall market and execution risks.
Responsibilities:
Risk Management Oversight: Monitor and analyze all trading activities and market exposure to identify and apply actions mitigate/minimize risks
Dealing Room Operations Oversight: Oversee the dealing room tasks, including continuous monitoring of prices from liquidity providers. Ensure the accuracy and efficiency of trade executions.
Product Management and development: Contribute and where applicable lead the introduction of new tradable products and services with ongoing comparison to what is available in the market and with other competitors
Leverage and Margin trading Monitoring: Manage account leverages, ensuring they align with the company's risk appetite and regulatory requirements.
Interest rates (Roll over Swaps) Monitoring: Daily monitoring of the trades and report any swaps abuse, report them and take the required actions in line with our business needs.
Monitor the trading behavior and detect any abuse including but not limited to possible arbitrage, trading on delayed prices…etc.
Monitor business finders’ performance in terms of rebate structure, trading behavior and the financial result for the company.
Regulatory Compliance: Ensure all trading activities comply with local and international financial regulations. Update and implement necessary changes to risk policies and procedures.
Team Leadership: Build and lead a team of risk analysts and traders to achieve the department's objectives. Provide training and development to enhance their expertise in risk management and dealing operations.
Daily reporting: Generate and review daily reports on trading activities, risk exposures, and performance metrics to ensure continuous monitoring and quick response to market changes.
Monitor all type of product with ability to find the correlation between different product in terms of volatility impact.
Monitor all account specifications such as spreads, commissions, Swaps, as well as sales commissions, and to report the Net profit per trade and per client.
Requirements:
Bachelor’s degree in Finance, Economics, or a related field. Advanced degrees or certifications such as CFA, FRM, or PRM are highly desirable.
At least 10 to 12 years of experience in risk management within financial services, specifically in CFDs and Forex trading.
Deep understanding of trading revenues.
Proficiency in trading platforms and risk management software.
Experience using Meta trader 4/5, C-trader.
Experience in all types of CFDs products, Options, ETF, NTF Stocks, Equities.
High level of communications with liquidity providers and counterparties with proven skills of negotiation skills
Exceptional analytical and quantitative skills to manage complex data and forecasting.
Proven leadership capabilities with experience in managing the global trading positions
Strong communication and interpersonal skills.
Why join CFI?
· We’re a fast-growing, multinational company
· Competitive salaries and benefits
· Work and learn with industry professions
· Supportive and collaborative environment
· Unlimited opportunities for growth and development
