Junior Risk Officer - Limassol

• Keep up with and regularly communicate current markets trends, including movements in the market, to the Risk Team
• Assist the Chief Financial Risk Officer with maintaining oversight of market views and perceptions through research, valuation and data analysis.
• Monitor and communicate price movements to the Risk Team and take appropriate actions under the oversight of the Chief Financial Risk Officer.
• Assist the Chief Financial Risk Officer with the following trading related activities:

• Determining the hedging criteria and ensuring that trades are hedged in accordance with internal policies, procedures and controls.
• Classifying clients as “Automatically Hedged Clients” or “Manually Hedged Clients” and ensure that clients are correctly configured in accordance with their classification.
• Monitoring and maintaining the requisite margin requirements held with Approved Counterparties.
• Ensuring that margining and the close outs of client positions is occurring in accordance with internal policies, procedures and controls and that client margin levels are being maintained.
• Monitoring the leverage offered to clients to ensure the procedures and controls set out in internal policies are being adhered to.
• Undertaking trading activities as required in accordance with relevant internal policies, procedures and controls.
• Liaise with and foster good relationships with counterparties as a secondary point of contact.
• Ensure that all material risk matters are reported to the Chief Financial Risk Officer in a timely and accurate manner.
• Report deficiencies or weaknesses in the risk processes to the Chief Financial Risk Officer and work with the Chief Financial Risk Officer to remediate deficiencies or weaknesses.
• Provide the Chief Financial Risk Officer with all risk information and documentation necessary for the Financial Risk Report to the Chief Executive Officer.
• Provide reports to the Chief Financial Risk Officer and Chief Executive Officer on trading activities undertaken as and when required.
• Manage and retain documentation that is the responsibility of the Financial Risk Officer in accordance with internal policies, procedures and controls.
• Monitor client accounts, transactions and behaviours for activity that may be indicative of money laundering and terrorism financing in accordance with internal policies, procedures and controls.
• Foster positive internal relationships and promote and support a culture of compliance.
• Foster and support an internal focus on good client outcomes.
• Promote and support the positive brand and reputation of the company.
• Discharge the responsibilities allocated to the Financial Risk Officer from time to time in accordance with internal policies and documents.
• Support the Chief Financial Risk Officer with the implementation of internal policies, procedures and controls and general trading activities.
• Support the Chief Financial Risk Offer, Risk Team, and Management Team as and when required.

• A university degree or equivalent in business, commerce, finance, economics or such other relevant subject. MBA in Finance is preferred.
• 0-1 years in a role managing financial risk exposure, preferably in a financial services brokerage or similar business.
• 1+ years in the derivatives issuer industry is preferable.
• Practical knowledge of, and interest in, derivative issuers, the derivatives issuer industry and derivative related products and services.
• Knowledge of the Metaquotes software and SQL is preferred.
• Strong knowledge of financial risk analysis and managing exposure, including proficiency in using financial risk analysis and exposure management software.
• Proficient in using MetaTrader4 and MetaTraer5 or equivalent trading platform software.
• Practical knowledge of or interest in foreign exchange, derivatives trading, investing, or the financial markets.
• Strong communication and presentation skills.
• Strong interpersonal skills.
• Good working knowledge of the Microsoft Office suite of software products.
• An ability to work collaboratively with others in a team environment.
• Organised with an ability to deliver results.
• Ability to handle multiple tasks and stay organised.
• High attention to detail.
• Good critical thinking, analytical and problem-solving skills.
• Good understanding of the operational aspects of account and transaction monitoring.
• Basic understanding of financial markets law, including but not limited to, Financial Markets Conduct Act (and related regulations), and the Anti-Money Laundering and Countering Financing of Terrorism Act (and related regulations and materials).
• Fluent in English

StaffMatters Recruitment