Head of Risk

Summary

Join a leading trading platform as their Head of Risk, playing a critical role in ensuring the company's financial services operations are conducted within a robust risk management framework. You will be responsible for identifying, assessing, monitoring, and mitigating various risks, including market, credit, liquidity, and operational risks. This role requires strong collaboration with other departments and leadership of the risk function team. The ideal candidate will have extensive experience in risk management within the financial services industry, particularly with OTC derivatives. The company offers a competitive salary and benefits package, including a performance bonus, generous time off, comprehensive health and pension benefits, and unique perks like workation days and volunteer days.

Requirements

• Bachelor’s degree in Finance, Economics, Quantitative Finance, Risk Management, or related field (relevant postgraduate qualification will be considered an advantage)
• Minimum of 5 years’ experience in a risk leadership role in the financial services industry, preferably within the derivatives or investment space, preferably with exposure to products such as Securities, OTC derivatives (such as CFDs) and Knockout Options
• Demonstrated expertise in OTC derivatives and financial market risk management
• Proven ability to implement quantitative risk assessment and valuation frameworks
• Strong understanding of the FAIS Act, Financial Markets Act, and associated FSCA and FMA regulations
• Familiarity with regulatory risk standards, stress testing, and capital adequacy models
• Experience in retail investments, trading and/or retail financial services
• Strong analytical, problem-solving, and stakeholder engagement skills
• Excellent written and verbal communication skills in English
• Strong leadership and mentoring ability
• Capable of handling complex and non-routine compliance challenges
• High ethical standards and commitment to integrity and transparency
• Resilient under pressure and adaptable in a fast-paced environment
• Must meet FSCA Fit and Proper requirements

Responsibilities

• Ensure the risk management framework complies with FSCA and FMA regulatory requirements
• Maintain risk policies and procedures aligned to local and group governance frameworks
• Report material risks and mitigation plans to the Board of Directors and relevant committees
• Oversee identification and monitoring of key risk exposures, including market, credit, liquidity, and operational risk
• Establish and monitor risk limits, thresholds, and escalation procedures
• Lead stress testing and scenario analysis activities
• Maintain timely and accurate risk reports for executive management and the Board of Directors
• Coordinate internal risk reviews and contribute to audit processes
• Collaborate with Compliance, Operations, and IT teams to embed risk awareness and controls
• Provide guidance to business units on new product risk assessments and mitigation
• Lead and mentor the risk function team

Benefits

• Competitive Salary: We believe great work deserves great pay! Your skills and talents will be rewarded with a salary that makes you feel valued and motivated
• Work-Life Harmony: Join a company that genuinely cares about you - because your life outside of work matters just as much as your time on the clock. #LI-Hybrid
• Annual Performance Bonus: Your hard work doesn’t go unnoticed! Celebrate your achievements with a well-deserved annual bonus tied to your performance
• Generous Time Off: Need a breather? Our annual leave policy lets you recharge and enjoy life outside of work without a worry
• Employee Referral Program: Love working here? Share the love! Bring your talented friends on board and get rewarded for growing our awesome team
• Comprehensive Health & Pension Benefits: From medical insurance to pension plans, we’ve got your back. Plus, location-specific benefits and perks!
• Workation Wonderland: Live your digital nomad dreams with 30 extra days to work remotely from anywhere in the world (some restrictions apply). Adventure awaits!
• Volunteer Days: Make a difference! Take two additional paid days each year to support causes you care about and give back to the community