Ultra Recruitment

Chief Risk Officer, CRO – Forex/CFD

Ultra Recruitment

full-time

Posted on:

Origin:  • 🇨🇾 Cyprus

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Salary

💰 €70,000 - €110,000 per year

Job Level

Lead

Tech Stack

Node.js

About the role

  • Design, implement, and continuously improve the group’s enterprise-wide risk management strategy covering market, credit, and operational risk
  • Oversee risk exposure across all business functions and ensure adherence to limits
  • Establish key risk indicators and ensure real-time monitoring of exposures and limits across trading activities
  • Lead implementation of stress testing methodologies and capital adequacy assessments
  • Monitor regulatory compliance requirements and maintain strong relationships with relevant authorities
  • Provide guidance and governance to ensure adherence to risk policies across departments and jurisdictions
  • Build and manage a risk team to support a multi-entity brokerage structure
  • Report regularly to senior management and the board on risk profile, controls, and mitigation strategies
  • Support strategic decisions by providing data-driven insights on the firm’s risk position
  • Collaborate with C-level stakeholders, regulators, and internal teams to promote a risk-aware culture

Requirements

  • 10+ years of experience in risk management within regulated financial institutions
  • In-depth experience in FX/CFD trading environments, including exposure to market and operational risk
  • Proven ability to design and implement comprehensive enterprise risk frameworks
  • Strong understanding of capital adequacy, liquidity risk, and stress testing models
  • Experience working with compliance teams and regulatory bodies across multiple jurisdictions
  • Excellent communication and leadership skills
  • Nice to have: Exposure to cross-jurisdictional regulatory environments (CySEC, FCA, ESMA, SVG, Seychelles, etc.)
  • Nice to have: Experience liaising with financial regulators
  • Nice to have: Strong quantitative or analytical background (e.g., CFA, FRM, or similar qualifications)