Head of Risk-(CFDs) - CBCX GROUP LTD in City of London

Key Responsibilities

• Trading Execution : Execute CFD trades on behalf of clients and proprietary accounts in line with the company\’s strategy, focusing on profitability and minimizing risk.
• Market Monitoring : Monitor global financial markets in real‑time, identifying trading opportunities and managing market risks.
• Risk Management : Develop and implement effective risk management strategies, ensuring that risk limits and trading strategies align with the firm\’s risk appetite and regulatory requirements.
• Spread and Liquidity Management : Manage and optimize spreads, ensuring competitive pricing for clients while maintaining profitability. Work with liquidity providers to ensure deep liquidity in all market conditions.
• Client Interaction : Support client trading activities by providing market insights, technical analysis, and guidance on strategies related to CFD trading. Maintain excellent relationships with high‑net‑worth individuals (HNWIs) and institutional clients.
• Data Analysis : Use quantitative and qualitative data analysis to assess market trends, improve decision‑making, and refine trading strategies.
• Automation and Algorithms : Collaborate with the technology team to enhance trading systems, algorithms, and automated trading strategies for CFDs.
• Compliance and Regulation : Ensure all trading activities comply with local and international regulations (e.g., FSCA, FSC, FCA, ESMA). Collaborate with the compliance team to maintain best practices in market conduct.
• Reporting : Produce daily, weekly, and monthly reports on trading performance, risk exposure, and market trends to senior management.
• Leadership and Mentoring : Provide guidance and mentorship to junior traders and assist with their development within the team.

Key Performance Indicators (KPIs)

• Profitability of CFD trading activities.
• Management of risk within prescribed limits.
• Execution efficiency, including trade accuracy and latency.
• Spread and liquidity optimization.
• Client satisfaction and retention through trading support.
• Compliance with regulatory and risk management frameworks.

Qualifications and Skills

• Experience : At least 7–10 years of experience in trading CFDs, with a deep understanding of multiple asset classes (e.g., forex, commodities, indices, equities).
• Education : Bachelor’s degree in Finance, Economics, Mathematics, Computer Science or a related field. A master’s degree or professional qualification (e.g., CFA, FRM) is a plus.
• Technical Skills : Proficiency in trading platforms such as cTrader, or proprietary trading systems. Strong understanding of automated trading systems and algorithmic trading.
• Analytical Skills : Advanced skills in market analysis, including technical and fundamental analysis. Strong command of Excel, VBA, or other analytical tools for financial data.
• Risk Management : Extensive knowledge of risk management principles and tools. Ability to develop and implement risk controls.
• Regulatory Knowledge : Familiarity with relevant regulations such as those set by the FSCA, SFC, FCA, ESMA, or MiFID II. Understanding of compliance requirements in a CFD brokerage environment.
• Interpersonal Skills : Strong communication and client management skills, with the ability to interact with high‑net‑worth individuals, institutional clients, and internal stakeholders.
• Decision‑Making : Ability to make fast, informed decisions under pressure while maintaining focus on risk management.
• Teamwork : Proven ability to lead, mentor, and develop junior trading talent within the team.

Preferred Skills and Competencies

• CFD Market Expertise : Comprehensive understanding of the CFD industry, including trends, competitive landscape, and regulatory changes.
• Technical Proficiency : Proficiency in programming languages such as Python or R, along with experience in developing or utilizing trading API integrations, is highly advantageous. A background in economic quantitative analysis or hands‑on experience in market analysis is also beneficial.
• Client Focus : Ability to deliver high‑quality service and support to clients, tailoring advice and strategies to their individual needs.
• Languages : Proficiency in English; Mandarin is a plus.

Benefits

• Competitive base salary with performance‑based bonuses.
• Opportunity to work with a leading CFDs broker in a fast‑paced, global trading environment.
• Professional development opportunities.

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