Risk Manager Forex / CFD Brokerage

DB Financial; Dubai; Hybrid; AED 293,000 - 441,000; Full time

Job summary

A leading financial services firm in Dubai is looking for a Risk Manager to enhance its risk function in a fast-paced trading environment. The role involves day-to-day oversight of market and client risk, implementing risk controls, and collaborating across departments. Candidates should have over 3 years of experience in risk management within a Forex or CFD brokerage, strong analytical skills, and proficiency in MT4/MT5. Competitive compensation and a flexible, high-ownership role are offered.

Benefits

Competitive compensation

Multi-location flexibility

Growth opportunities

Qualifications

• Experience with risk monitoring in a trading environment.
• Strong knowledge of margin/leverage mechanics and exposure management.
• Ability to translate data into actionable risk decisions.

Responsibilities

• Monitor real-time net exposure and concentration risk.
• Detect abusive trading behaviors and optimize risk flags.
• Build and maintain risk policies and SOPs across operations.

Skills

Risk management

Market analysis

Analytical skills

Communication

Education

3+ years in Risk role

Experience in Forex/CFD brokerage

Tools

MT4

MT5

BI tools

Job description

Role Overview

We’re hiring a Risk Manager to strengthen and scale our risk function across a fast-growing forex/CFD brokerage environment. You will own day-to-day market risk and client risk oversight, drive risk policy execution, and partner with Dealing, Compliance, Operations, Product, and Tech to ensure robust controls, clean flows, and a resilient risk framework.

This is a high-impact role for someone who can combine hands-on monitoring with strategic risk design, and who thrives in a high-tempo trading business.

Key Responsibilities

Market Risk & Exposure Management

• Monitor real-time and end-of-day net exposure, concentration risk, and volatility risk across instruments (FX, metals, indices, crypto, etc.).

• Define and maintain risk limits: exposure caps, concentration thresholds, margin buffers, and escalation rules.

• Partner with Dealing to manage hedging logic (where relevant), execution quality, and abnormal market conditions.

Client Risk, Conduct & Trading Surveillance

• Detect and investigate abusive or high-risk behaviors: latency arbitrage, bonus abuse, toxic flow, hedging abuse, spoofing-like patterns, scalping anomalies, etc.

• Implement and optimize risk flags, segmentation rules, and client profiling (new vs mature, retail vs partners, risk scoring).

• Recommend risk actions: leverage restrictions, instrument restrictions, margin adjustments, trading conditions review, or account measures aligned with internal policies.

Risk Controls, Policies & Governance

• Build/upgrade risk policies and SOPs across: leverage framework, margin calls/stop-out logic, negative balance protection (as applicable), instrument risk parameters, weekend/overnight risk, news risk.

• Run risk committee cadence: dashboards, incident reports, action plans, KPI tracking.

• Ensure proper audit trails and structured documentation of decisions and actions.

Data, Automation & Tooling

• Own dashboards and reporting (MT4/MT5, CRM, BI tools): exposures, PnL drivers, client cohorts, exceptions, incidents.

• Work with Tech/Product to automate monitoring, alerts, and rule-based controls.

• Improve risk efficiency by reducing manual work through workflows and tooling.

Cross-Functional Collaboration

• Align with Compliance on AML-red-flags overlap and suspicious behaviors.

• Support Sales/Partnerships with risk input for promotional structures, rebates, and bonus eligibility rules (ensuring clean flow and controlled downside).

• Provide training to internal teams on risk best practices and escalation protocols.

Requirements (Must-Have)

• 3+ years in a Risk role within Forex/CFD brokerage, prop trading, liquidity provider, or similar trading environment.

• Strong knowledge of:

  • Margin/leverage mechanics, exposure management, stop-out logic

  • Market microstructure basics, volatility regimes, news risk

  • Client behavior patterns and trading abuse typologies

• Experience with MT4/MT5 (manager/admin reports) and practical risk monitoring.

• High analytical capability (Excel advanced; BI tools a plus) and ability to translate data into decisions.

• Clear communication and ability to operate with senior stakeholders under time pressure.

Nice-to-Have

• Experience implementing risk rules/alerts via BI, SQL, Python, or internal tooling.

• Familiarity with liquidity/prime brokerage setups (A-Book/B-Book hybrid models).

• Previous work in regulated environments (CySEC, MFSA, SCA, etc.).

• Experience designing bonus/promotion risk controls and eligibility frameworks.

What Success Looks Like (90–120 Days)

• Real-time risk monitoring and escalation framework running smoothly with clear ownership.

• Improved detection of toxic flow and abusive trading patterns with measurable reduction in losses.

• Cleaner governance: documented risk decisions, better dashboards, clear KPIs, faster incident resolution.

• Risk parameters optimized across instruments and client segments without harming healthy volume.

What We Offer

• High-ownership role with direct impact on trading performance and risk resilience.

• Multi-location flexibility (Cyprus/Malta/Dubai/Jordan/Remote) with a global team.

• Competitive compensation aligned to experience + performance upside.

• Strong growth runway and autonomy to build best-in-class risk systems.