Risk Manager Dubai UAE
Position: Risk Manager
Date posted: 2023-10-15
Industry: Forex Trading
Employment type: Full Time
Experience: 3 years
Qualification: Bachelor’s Degree holder
Salary: AED 10000 to 15000
Location: Dubai, United Arab Emirates
Company: Supreme FX trading
Description:
Hiring Risk Manager
Location: – Dubai
Candidate can apply who has knowledge and experience in Forex industry.
Salary: As per the experience evaluation
Company Details:
We are Forex Trading Company. We are seeking an experienced Risk Manger to join our growing Forex Trading Brokerage firm. The Risk Manager will be responsible for ensuring that risks are kept at bay and that the traders can operate in a relatively safe environment. Here’s a breakdown of their job qualifications, description, duties, and the skills they need:
Qualifications and required:
- Bachelor’s degree 3+ years of experience in the industry
- Strong understanding of Forex trading and the financial markets analysis and risks
- Strong organizational and time management skills
- Ability to work independently and as part of a team
- Fluency in English & other languages will be advantages.
Job Duties & Responsibilities:
- Risk Assessment: Risk Management of Books including A, B And C books, Prepare daily analytical reports technical & Fundamental. Maintain clients trade flow and reconciliation.
- Handle deposit & withdrawals. Assist MT5 admin if needed or instructed by CEO or MT5 admin. Assist MT5 admin if needed or instructed by CEO or MT5 admin. Conduct thorough risk assessments on potential trades and investments, considering market conditions, economic indicators, and geopolitical factors.
- Develop Risk Management Strategies: Create and implement risk management strategies to minimize potential losses and protect the capital.
- Monitoring and Analysis: Keep a vigilant eye on market trends, news, and events that may impact currency movements. Analyze data to identify potential risks and opportunities.
- Regulatory Compliance: Stay updated on regulatory changes and ensure that the trading activities comply with relevant financial regulations and guidelines.
- Communication: Collaborate with traders, analysts, and other stakeholders to communicate risk-related information and ensure a clear understanding of risk exposure.
- Documentation: Maintain detailed records of risk management activities, including risk assessments, strategies implemented, and outcomes.
- Risk Identification: Identify and assess potential risks associated with currency trading, including market risks, credit risks, and operational risks.
- Position Sizing: Determine appropriate position sizes to manage risk and ensure that losses are within acceptable limits.
- Leverage Management: Monitor and control leverage usage to prevent excessive exposure and potential margin calls.
- Scenario Analysis: Conduct scenario analysis to evaluate the impact of various market scenarios on the trading portfolio.
- Emergency Response: Develop contingency plans and protocols for responding to unexpected market events or extreme volatility.
