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:

- Develop and execute the company’s overall risk management strategy - Oversee market, liquidity, operational and counterparty risk across all trading activities - Manage A-Book, B-Book and Hybrid execution models to optimise profitability and risk exposure - Monitor client flow, toxic trading behaviour and trading performance - Design and implement hedging strategies with liquidity providers - Define exposure limits, leverage policies and risk controls across all trading instruments - Produce daily, weekly and monthly executive risk reports - Lead risk assessment during major market events, high volatility and crisis situations - Collaborate closely with the Dealing, Compliance, Finance and Executive Management teams - Build and mentor a high-performing risk management team

REQUIREMENTS:

- Minimum 3–5 years of experience in Forex/CFD brokerage risk management - Strong understanding of A-Book/B-Book models and exposure management - Hands-on experience with MT5 Manager, PrimeXM, Centroid, oneZero or similar trading infrastructure - Deep knowledge of hedging, liquidity management and institutional trading operations - Strong analytical and decision-making skills under pressure - Excellent leadership and communication skills

Advantages

- Experience managing global brokerage operations - Knowledge of FIX API connectivity and liquidity aggregation - Experience working with multiple liquidity providers and institutional counterparties - Based in Dubai

OFFER:

- Competitive base salary - Flexible location, with Dubai preferred and hybrid or remote working available - Senior leadership position with ownership of the global risk framework - Opportunity to build and lead a risk management team