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CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 74% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

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Risk Manager
Location: Cyprus

Career Opportunity

This is a a great opportunity for a professional who seeks a position of challenge in a fast pace and dynamic environment to join us as a Risk Manager. The position is based in Nicosia and is reporting to the Board of Directors.

 

Key Responsibilities

  • Have overall responsibility for the Company’s Risk function. 
  • Implement policies on risk management and internal control based on the identified risks – would need to review current policies and prepare new one to.
  • Cover risk management for the company. This includes the Risk Appetite, and general management of risk.
  • Identify and evaluate the fundamental risks faced by the Company for consideration by the Risk and Compliance committee (RCC) – would need to identify all risks and create risk registers for all Markets entities with controls in place. Presentation of the risks and updates (including new risks) would need to be presented to the RCC. 
  • Act as the RCC secretary. 
  • Provide adequate information in a timely manner to the RCC on the status of the risk and controls.
  • Oversee processes across the company and ensure they comply with risk management policies – therefore, conducting ongoing monitoring of the risk identified and the company’s processes and suggest controls to mitigate/manage risks.
  • Conduct ongoing monitoring and review of the risk identified with particular focus on the requirements and limits for Market Risk. 
  • On a daily basis, where matters arise, provide the Chief Executive Officer briefing on risk matters arising, and were deemed appropriate notify the RCC.
  • Preparation of the Annual Risk Management Report and submit to the Board of Directors and thereafter to CySEC. 
  • Create specific KPIs for risk purposes for the board.

 

Experience and Skills Required

  • BSc/MSc in Finance, Financial Risk Management, Mathematics, or a related field.
  • CFA, PRM, FRM and/or CySEC advance certificate would be considered as an advantage.
  • Experience in Financial risk management.
  • Understand financial markets, CFD/DMA products and have working knowledge of trading platforms (both front end and back end).
  • Proficient with Microsoft Office Suite, especially have very good knowledge of Excel, PowerPoint, Word, and Power BI.
  • Knowledge of programming languages (VBA, etc.).
  • At least 5 years of previous relevant experience.
  • Fluency in English with excellent communication skills, both verbal and written.
  • Results driven.
  • Commercial orientation and awareness.
  • Very good analytical and time management skills.
  • Ability to work under pressure and meet tight deadlines. 
  • Self-motivated with an ability to work autonomously. 

 

Main Benefits

  • Competitive salary depending on skills and experience.
  • Discretionary annual bonus.
  • Hybrid working model.
  • Group Medical Scheme.
  • Provident Plan Scheme.
  • Training opportunities. 
  • Friendly working environment.

 

Due to the high volume of applicants only successful candidates will be contacted.

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