Junior Risk Analyst

BlackBull Markets; Auckland; On-site; NZD 90,000 - 130,000; Full time

Job summary

BlackBull Markets is a multi-regulated broker with a focus on a robust risk framework. This role sits on the risk desk, reporting to the Head of Risk, APAC, with an operating seat to monitor live exposure, client flow, and execution, and to act on what you see.

You will monitor exposure by instrument, reduce risk via routing and hedges, and produce daily risk reports while ensuring timely escalation of anomalies to Risk and Compliance.

Qualifications

• Experience with MT4/MT5 or cTrader dealer terminal.
• Knowledge of FX and CFD pricing, leverage, margin and settlement.
• Ability to read exposure and performance data to action.
• Reliable under time pressure with accurate configuration work.
• Clear written and verbal escalation to senior stakeholders.
• Eligible to work in New Zealand.

Responsibilities

• Monitor net exposure by instrument and client group against risk framework limits and escalate breaches.
• Reduce exposure via routing changes or hedges with liquidity providers.
• Apply measures ahead of data releases, central bank decisions, and market open/close.
• Track margin utilization and client stop out risk.
• Identify trading patterns with elevated risk to the book.
• Review client data and recommend routing changes when profiles shift.
• Investigate abnormal trading activity and report findings to Risk and Compliance.
• Monitor fill prices, execution speed, and slippage; diagnose issues with connectivity or platform.
• Apply weekly swap rate updates, margin changes, and daylight saving adjustments.
• Support onboarding of new instruments, client groups, and pricing feeds.
• Produce daily exposure, P&L, and execution reports for the desk and management.

Skills

MT4/MT5/cTrader

FX & CFD mechanics

Data interpretation

Time-pressure accuracy

Escalation to senior

NZ work eligibility

Education

Finance/Economics/Mathematics/Engineering degree

Tools

Dealer terminal

Job description

BlackBull Markets is a multi-regulated multi-asset broker headquartered in Auckland, New Zealand. The company provides an institutional trading experience for traders of all levels, emphasising innovative technology and exceptional customer service. BlackBull Markets offers access to hundreds of different markets, enabling traders to diversify their portfolios beyond traditional investing platforms. Committed to continuous improvement, BlackBull Markets strives to meet the evolving needs of traders and maintain its position as a trusted leader in the financial markets.

Role Overview

BlackBull Group is a multi-regulated, multi-asset broker headquartered in Auckland, operating across five jurisdictions. This role sits on the risk desk, reporting to the Head of Risk, APAC. It is an operating seat rather than a reporting one. You will watch live exposure, live client flow, and live execution, and act on what you see.

Key Responsibilities

• Monitor net exposure by instrument and client group against the limits in the risk framework, and escape breaches to the Head of Risk, APAC
• Reduce exposure through routing changes or hedges placed with liquidity providers
• Apply agreed measures ahead of scheduled data releases, central bank decisions, and market open and close
• Track margin utilisation and client stop out risk
• Identify trading patterns that carry elevated risk to the book, including latency arbitrage, news trading, high win rate scalping, and coordinated group trading
• Review client and client group performance data and recommend routing changes where a trading profile has shifted
• Investigate abnormal trading activity and report findings to Risk and Compliance
• Monitor fill prices, execution speed, and slippage, and diagnose whether issues sit with liquidity provider connectivity, bridge configuration, or the platform
• Apply weekly swap rate updates, margin changes, market holiday calendars, and daylight saving adjustments
• Support the onboarding of new instruments, client groups, and pricing feeds
• Produce daily exposure, profit and loss, and execution reporting for the desk and management

Required Skills And Experience

• Working familiarity with MT4, MT5, or cTrader, including the dealer terminal
• Understanding of FX and CFD mechanics: pricing, leverage, margin, execution, and settlement
• Ability to read exposure and performance data and identify what needs action
• Accuracy under time pressure, particularly on configuration work where an error has an immediate cost
• Clear escalation, written and verbal, to a senior stakeholder
• Eligibility to work in New Zealand

Preferred Qualifications

• Degree in finance, economics, mathematics, science, or engineering
• Prior experience in an FX, CFD, or derivatives business