Risk , Forex , Banking/Finance , Compliance
Location: Hybrid,Nicosia
Reference: 7743
Date Posted: 10/09/2024
Risk Manager
image
CareerFinders, on behalf of our client, a regulated Investment Firm with offices across Cyprus, we are seeking to recruit a Risk Manager to join their growing team based in Nicosia. Reporting to the Board of Directors, the successful candidate will primarily be responsible for implementing policies on risk management and internal control based on the identified risks as well as covering risk management for the company including the Risk Appetite, and general management of risk. Our client is seeking applicants who are ideally educated to degree level in Finance, Financial Risk Management, Mathematics, or another related field with at least 5+ years of experience in similar role. CFA, PRM, FRM and/or CySEC advance certificate will be considered as an advantage and experience in financial risk management is required. Excellent verbal and written communication skills in English are a must. The client offers an attractive remuneration package, including a Provident Fund Scheme, Group Medical Scheme, Annual Bonuses, and Hybrid working conditions.
Share To: 

Key Duties/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.

 

Key Skills/Experience: 

  • BSc/MSc in Finance, Financial Risk Management, Mathematics, or a related field.
  • At least 5+ years of previous relevant experience.
  • 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.).
  • 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.

 

Key Benefits: 

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


To apply for this vacancy, please send your CV, along with any covering letter to [email protected] quoting the above job title. Please note that due to the high volumes of applications received only shortlisted applicants will be responded to. By sending us your CV you are giving CareerFinders your consent to be contacted for this and any other suitable vacancies that we believe match your skills and experience. To view our privacy policy, please click www.careerfinders.com.cy/privacy-policy.