A fast-growing proprietary trading firm founded and managed with personal capital from the founder. Presently, the company has around 40 employees spread across Europe and Dubai and is venturing into the US market following successful expansion in other regions. With an estimated capital of $80-100 million, this firm boasts substantial financial prowess.
The team is actively seeking a Senior Head of Risk to join forces across multiple facets of the business. Prospective candidates should exhibit self-motivation and the ability to confront challenges independently. This position holds immense significance within the company and the ideal fit for this remote US-based role should possess prior Risk experience in a proprietary trading firm and resonate with a start up culture.
- Proactively analyze firm and trader risk on an ongoing basis to ensure a comprehensive understanding of potential exposures.
- Develop and implement innovative solutions to address violations of risk parameters, particularly for complex positions, ensuring timely and effective risk management.
- Apply both fundamental and technical analysis techniques to stay informed about market activity, providing valuable insights for risk assessment and decision-making.
- Communicate regularly with traders and upper management, providing updates on risk assessments and market conditions to facilitate informed decision-making.
- Create and implement risk parameters, adjusting them as necessary to adapt to evolving market conditions and trading strategies.
- Manage the liquidation process for closed accounts, ensuring a smooth and controlled exit strategy in line with risk management objectives.
- Collaborate with the IT department to enhance proprietary risk management software, improving its effectiveness and efficiency.