Head of Risk

FX/Binary Options Limassol

Job Description

Our client is a CySEC regulated entity with headquarters in Limassol and offices abroad in different jurisdictions. They are looking for a Head of Risk to join their team in Limassol. The successful candidate will be responsible for overseeing the overall Reporting of the company and developing strategies to manage risk. Assist the CEO on the day-to-day operations from a Risk Management perspective.

Reference #: GC004674

Job Responsibilities

  • Develop and implement a comprehensive risk management framework and policies for the company
  • Collaborate with the Executive Director and other senior management to ensure that the risk management function is effectively integrated into the overall management of the company
  • Prepare regulatory and internal risk management reports, and provide regular updates to the Executive Director and Board of Directors on the company's risk profile and risk management activities
  • Maintain up-to-date knowledge of regulatory requirements and industry best practices in risk management, and recommend appropriate changes to policies and procedures as necessary
  • Build risk awareness among staff by providing training and support, and ensure that risk management is effectively integrated into the company's culture and operations
  • Develop and maintain relationships with external stakeholders, including regulators, auditors, and other third-party service providers


  • Bachelor’s degree or equivalent in a Science, Technology, Engineering, or Mathematical subject, with additional qualifications in risk management or a related field preferred
  • Supervises and/or prepares statutory reports including COREP, ICAAP, Risk Management Report, Pillar III Report, Recovery Plan,
  • Minimum of 4-years of experience in risk management, preferably in a regulated financial services firm
  • CySEC Advanced Certificate
  • Strong interpersonal and communication skills, with the ability to effectively communicate complex risk issues to both technical and non-technical audiences
  • Excellent analytical and problem-solving skills, with the ability to quickly process information and make sound decisions
  • Strong financial management skills, with experience in capital and liquidity management, and the ability to effectively manage budgets and resources.