Head of Risk Management – FXCFD Brokerage

David Kennedy Recruitment; Dubai; Hybrid; AED 350,000 - 550,000; Full time

Benefits offered by this job

Competitive base salary

Hybrid/Remote work model

Senior leadership ownership of risk

Job summary

David Kennedy Recruitment is seeking a Head of Risk Management for a Forex/CFD brokerage, ideally based in Dubai. The senior leader will drive the global risk framework, govern market, liquidity, counterparty risk, and hedging programs, and partner with Dealing, Compliance, Finance, and Exec teams.

The role emphasizes ownership of risk policies, reporting, and team-building, with a hybrid/remote work model and strong leadership expectations.

Qualifications

• Senior leader with oversight of global risk governance and control environments.
• Deep understanding of Forex/CFD risk exposure, hedging, and liquidity management.
• Experience with trading infrastructure and institutional counterparty risk.

Responsibilities

• Develop and execute the companys overall risk management strategy
• Oversee market liquidity, operational, and counterparty risk across trading activities
• Manage A-Book, B-Book, and Hybrid models to optimise profitability and risk exposure
• Monitor client flow and toxic trading behaviors
• Design hedging strategies with liquidity providers
• Define exposure limits, leverage policies, and risk controls
• Produce daily, weekly, and monthly executive risk reports
• Lead risk assessments during major market events and crises
• Collaborate with Dealing, Compliance, Finance, and Exec teams
• Build and mentor a high-performing risk management team

Skills

Forex risk management

A-Book/B-Book risk

Trading infrastructure

Hedging & liquidity

Leadership & team building

Risk analytics

Tools

MT5 Manager

PrimeXM

Centroid

oneZero

Job description

David Kennedy Recruitment is working with a Forex and CFD brokerage that is seeking to onboard a Head of Risk Management to join their team ideally based in Dubai. This is a senior leadership role responsible for leading and strengthening the companys global risk framework protecting the firms financial stability while supporting sustainable business growth.
Position: Head of Dealing Desk FX/CFD Brokerage

Location: UAE Cyprus (preferred) / Global

Work Model: Hybrid / Remote

Employment type: Full-time

RESPONSIBILITIES:

• Develop and execute the companys overall risk management strategy

• Oversee market liquidity operational and counterparty risk across all trading activities

• Manage A-Book B-Book and Hybrid execution models to optimise profitability and risk exposure

• Monitor client flow toxic trading behaviour and trading performance

• Design and implement hedging strategies with liquidity providers

• Define exposure limits leverage policies and risk controls across all trading instruments

• Produce daily weekly and monthly executive risk reports

• Lead risk assessment during major market events high volatility and crisis situations

• Collaborate closely with the Dealing Compliance Finance and Executive Management teams

• Build and mentor a high-performing risk management team

REQUIREMENTS:

• Minimum 35 years of experience in Forex/CFD brokerage risk management

• Strong understanding of A-Book/B-Book models and exposure management

• Hands-on experience with MT5 Manager PrimeXM Centroid oneZero or similar trading infrastructure

• Deep knowledge of hedging liquidity management and institutional trading operations

• Strong analytical and decision-making skills under pressure

• Excellent leadership and communication skills

Advantages

• Experience managing global brokerage operations

• Knowledge of FIX API connectivity and liquidity aggregation

• Experience working with multiple liquidity providers and institutional counterparties

• Based in Dubai

OFFER:

• Competitive base salary

• Flexible location with Dubai preferred and hybrid or remote working available

• Senior leadership position with ownership of the global risk framework

• Opportunity to build and lead a risk management team