Head of Risk Management – FX/CFD Brokerage

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 company’s global risk framework, protecting the firm’s 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:
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Develop and execute the company’s overall risk management strategy

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

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

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Monitor client flow, toxic trading behaviour and trading performance

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Design and implement hedging strategies with liquidity providers

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

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Produce daily, weekly and monthly executive risk reports

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

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

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Build and mentor a high-performing risk management team

REQUIREMENTS:
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Minimum 3–5 years of experience in Forex/CFD brokerage risk management

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

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

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Deep knowledge of hedging, liquidity management and institutional trading operations

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Strong analytical and decision-making skills under pressure

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Excellent leadership and communication skills

Advantages
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Experience managing global brokerage operations

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Knowledge of FIX API connectivity and liquidity aggregation

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Experience working with multiple liquidity providers and institutional counterparties

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Based in Dubai

OFFER:
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Competitive base salary

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

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Senior leadership position with ownership of the global risk framework

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Opportunity to build and lead a risk management team