Trading Risk Manager

Eightcap Pty Ltd.; London; On-site; GBP 70,000 - 100,000; Full time

Job summary

A leading online trading provider seeks an experienced Trading Risk Manager to establish the London Trading Risk Desk. The role involves real-time risk monitoring, developing frameworks, and maintaining the integrity of derivatives trading. Candidates should have extensive experience in trading risk, strong leadership skills, and a relevant degree.

Qualifications

• Minimum 6 years in trading risk at a broker or fintech platform.
• Deep knowledge of CFDs, FX, crypto, indices, and commodities trading.
• Experience with real-time risk systems and regulatory compliance.

Responsibilities

• Build and lead the London Trading Risk Desk.
• Monitor live trade flows and manage exposure across asset classes.
• Lead investigations into pricing errors and provide actionable feedback.

Skills

Leadership

Risk Management

Analytical Skills

Collaboration

Automation

Education

Bachelor's degree in finance, economics, engineering, mathematics, or related field

Tools

MetaTrader (MT4/MT5)

DXtrade

cTrader

Job description

Join to apply for the Trading Risk Manager role at Eightcap.

Eightcap is a dynamic online trading provider headquartered in Melbourne, Australia, with offices in the UK, Cyprus, The Bahamas, Bulgaria, and Guatemala. We focus on delivering advanced trading tools and insights to empower traders and B2B clients. Our culture is fast-paced, collaborative, and innovative.

Role Overview

We are seeking an experienced Trading Risk Manager to establish and lead the London Trading Risk Desk. This leadership role involves real-time and post-trade risk monitoring, developing risk frameworks, and maintaining the integrity of derivatives trading across global venues.

Responsibilities

1. Setup & Leadership: Build and lead the London Trading Risk Desk, developing frameworks, tools, and procedures aligned with Eightcap’s global risk model.
2. Market Risk Oversight: Monitor live trade flows to manage exposure, pricing risk, and toxic order flow across FX, indices, crypto, commodities, and shares. Respond swiftly to market volatility and anomalies.
3. Exposure Management & Analytics: Manage exposure and P&L attribution across asset classes. Conduct trade reviews, stress tests, and scenario analysis for risk-informed decisions.
4. Margining, Limits & Escalations: Define and maintain risk limits, automated margin controls, and escalation protocols supporting business growth.
5. Risk Technology & Automation: Collaborate with engineering teams to enhance risk tools via APIs, data feeds, and dashboards. Automate monitoring and alerts.
6. Strategic Risk Input: Support trading model reviews, liquidity provider performance, product launches, and represent risk in operational discussions.
7. Post-Trade Review & Incident Response: Lead investigations into pricing errors, client behavior, or platform issues, providing actionable feedback.

Candidate Profile

• Minimum 6 years in trading risk at a broker, proprietary desk, or fintech platform, with exposure to derivatives and leveraged products.
• Bachelor's degree or higher in finance, economics, engineering, mathematics, or related field.
• Deep knowledge of CFDs, FX, crypto, indices, and commodities trading, including pricing, market structure, and liquidity risks.
• Experience with MetaTrader (MT4/MT5), DXtrade, or cTrader, and real-time risk systems.
• Ability to manage pricing risk, exposure, toxic flow, and latency arbitrage in high-frequency environments.
• Strong leadership and collaboration skills, capable of operating independently in a fast-paced setting.
• Proficiency with APIs, data pipelines, and automation tools for real-time analytics.
• Knowledge of FCA regulations and SMCR; experience with regulatory audits and compliance (desirable).
• Experience in establishing or scaling a trading risk function in a regulated environment.
• Understanding of order routing, execution models, and liquidity provider analytics.

We encourage applications from candidates who meet most requirements, as Eightcap values diversity and inclusion. No recruiters please.