Risk Officer (ADGM)

QCP; Abu Dhabi; On-site; AED 120,000 - 180,000; Full time

Job summary

An established industry player is seeking a Risk Officer to lead the risk management function. This pivotal role involves identifying and mitigating risks while developing a comprehensive Risk Framework. The ideal candidate will have extensive experience in risk management within financial services and possess strong communication skills to engage with senior stakeholders. Join a forward-thinking firm where you can make a significant impact on the future of digital asset management, ensuring robust risk policies and controls are in place to navigate the complexities of the industry.

Qualifications

• 5+ years in risk management within asset management or financial services.
• Proficient in Operational Risk principles and regulatory expectations.

Responsibilities

• Develop and maintain the Firm's Risk Management Policy.
• Conduct annual Internal Risk Assessment Process in line with regulations.
• Produce risk reports for Senior Management and the Board.

Skills

Risk Management

Stakeholder Communication

Operational Risk Principles

Market Risk Concepts

Job description

Primrose Capital Management is a global quantitative digital assets fund manager revolutionizing how digital capital is managed. Backed by decades of experience at renowned quantitative hedge funds and as pioneers in digital asset derivatives, we leverage cutting-edge technology and data-driven insights to deliver sustainable value to our clients.

In Primrose, everyone is encouraged to challenge the boundaries of conventional thinking. Our goal is to hire the best and brightest individuals who think creatively and embody a commitment to continuous improvement. If that is you, then come along and shape the future of the digital assets space with us!

Job Summary

The Risk Officer ("RO") is responsible for the identification, mitigation and management of all risks within the Firm and those it may face. The RO is the main point of contact of the Firm with respect to all risk matters and provides advice and support to the Board and the Firm's employees including Senior Management in terms of risk.

In partnership with the SEO, the RO is also responsible for the development and maintenance of the Firm's Risk Framework ensuring that the controls in place are effective to suit the nature, structure day to day business activities of the Firm.

The Board has delegated responsibility for managing the risk function to the RO including the authority to carry out these responsibilities, in accordance with the direction and policies established by the Board.

Responsibilities

• Develop and maintain the Firm's Risk Management Policy
• Conduct the annual Internal Risk Assessment Process (IRAP) in line with regulatory requirements
• Provide support and guidance to staff on risk management operational and other relevant risks
• Produce and provide Senior Management and ad hoc Board risk reports which provide information and details on the Firm's material risks
• Provide input into the annual business strategy and planning processes to ensure strategic risks are identified, appropriately considered and documented
• Assist management with the management and resolution of operational risk issues
• Assist with risk management relating to ad hoc projects and change

Requirements

• Minimum 5 years of experience in a risk management role within an asset management, hedge fund, or financial services environment
• Proficient understanding of Operational Risk principles and regulatory expectations (ADGM or equivalent jurisdictions such as DFSA, MAS, FCA)
• Familiarity with Market Risk concepts
• Strong stakeholder communication skills with ability to confidently engage senior personnel
• Experience interacting with regulators and handling proficiency in developing and maintaining risk policies, controls, and reporting tools