Head of Risk Management

As the Head of Risk Management, you will be primarily responsible for the Risk Department of the local UAE “Exness MENA” entity that is licensed by the UAE Securities and Commodities Authority “SCA” as a Trading Broker of OTC Derivatives and Currencies in the Spot Market. This includes managing Exness MENA risk management outsourcing arrangements with the rest of the Exness Group.

You will specify and evaluate potential risks for Exness MENA that may arise from operational factors. You will make suitable decisions for handling them if they arise, observe and report on them, work to avoid them, and review and update the risk management guide according to the financial activity, purposes, and risks of Exness MENA.

Your role includes responsibility for the performance of the local company, looking after the interests of its principals, safeguarding the reputation of the local company and the Exness Group, and promoting Exness Group values and culture.

This implies having a good knowledge of the risk management operations of Exness, a working knowledge of the applicable regulatory and legal framework, and immersing yourself in the company culture. Important duties include identifying misalignments with company objectives, taking relevant remedial actions, and notifying relevant stakeholders in the Exness Group. You will report to the Exness MENA CEO and the Board of Directors.

• Establishes and oversees the local Risk Management Department in alignment with the group’s strategic objectives, working closely with group functions and subsidiaries to ensure these objectives are achieved.
• Develops the Risk Management Guide in accordance with local regulatory requirements, presents it to the Board of Directors for approval, and updates it periodically as needed.
• Acts as the registered Head of Risk Management with the Securities and Commodities Authority (SCA), serving as the primary point of contact for all risk management matters. Maintains accreditation with the SCA by fulfilling all regulatory obligations, including participation in Continuous Professional Development (CPD) training.
• Collaborates with the Operations Manager to ensure all required reports are submitted accurately and on time to the relevant authorities.
• Oversees the company’s day-to-day risk management operations, ensuring compliance with applicable laws, regulations, and directives. Works closely with the local CEO, Board of Directors, Operations Manager, and Head of Compliance to identify, mitigate, and manage risks across multiple areas, including credit, market, operational, settlement, counterparty, commodity, liquidity, displaced commercial, cybersecurity, and overall risk exposure.
• Prepares and reviews risk management reports for the Board of Directors and group entities, and supports the implementation of decisions arising from these meetings.
• Ensures timely reporting, escalation, and resolution of risk incidents raised by internal departments, as well as the prompt closure of findings from internal audits, external audits, and regulatory reviews relating to risk management.

• University degree in Risk Management or related field
• Minimum of 5 year working experience in the CFD/FX industry or a relevant field
• Fluent in English, both verbal and written. Arabic is a plus but not a must.
• CISI exams are compulsory (1. UAE Financial Rules and Regulations and 2. Risk in Financial Services)
• Strong numerical and analytical abilities with keen attention to detail
• Proven ability to perform effectively under pressure while meeting tight deadlines
• Thrives in a dynamic, fast-paced, and evolving environment
• Excellent communication and interpersonal skills, with the ability to build strong professional relationships
• Demonstrated passion and genuine interest in global financial markets
• Willingness and flexibility to travel internationally as required

• Competitive and attractive compensation
• Extensive learning opportunities, such as professional training and certifications, soft skills development, free English courses, and trading workshops
• Health and life insurance for employees, spouses, and children, including mental health care, and coverage for vision and dental care
• Generous time off, including 21 days of annual leave and paid sick leave
• Education allowance for your children’s school and kindergarten fees
• Sports reimbursement
• Outstanding team-building experiences and Exness community gatherings