Head of Risk (F/M/D)

Flowdesk is rapidly growing and looking for new talents! Founded in 2020, Flowdesk is a regulated, full-service digital asset trading and technology firm that specializes in market making, OTC and treasury management services. We have engineered a trading infrastructure that integrates more than 120 centralized and decentralized exchanges. Combining proprietary technology with significant experience from traditional markets and algorithmic trading, Flowdesk brings control and transparency to digital asset markets. Flowdesk has offices in France, Singapore, the U.S. and the U.K.

Flowdesk is a technology and crypto financial services firm founded in 2020, operating globally and serving a wide range of clients across the globe. Flowdesk's ambition is to become one of the major technology providers in the space while operating in a fully compliant and efficient manner. To accomplish its vision of building the next iteration of finance, Flowdesk is scaling its operations and activities worldwide while offering a challenging and enjoyable working environment.

Your role and responsibilities

We are seeking a highly motivated and detail-oriented person to join the team as the Global Head of Risk. You will be responsible for building out the risk function from scratch, initially developing the appropriate frameworks, oversight, monitoring and reporting. Focusing initially on trading and execution risk, this role will develop robust risk management processes and ensure compliance with regulatory requirements, while optimising the risk adjusted performance of portfolios. Ultimately this role will also cover the wider enterprise risk management of the wider group operations. We are looking for someone who can bring risk management experience in addition to a critical, quantitative, and proactive hands-on approach. This role requires both the ability to quickly tackle new business needs as well as the focus to organise and deploy data, compute, visualisation, and decision-making workflows at scale.

Key Responsibilities

• Identify and assess market risks across the trading portfolio, ensuring alignment with risk appetite and business mandates.
• Develop and implement a comprehensive enterprise risk management framework covering market, credit, liquidity, operational risks.
• Design and enforce robust risk limits and controls, ensuring compliance with internal policies and external regulations.
• Establish real-time risk monitoring systems and dashboards to track trading positions and exposures.
• Ensure transparent communication of risk metrics and escalate significant risk concerns promptly.
• Provide oversight and support to the development and maintenance of quantitative risk models to measure portfolio risks, such as Value at Risk (VaR), stress testing, and scenario analysis collaborating with global teams to deliver relevant insights.
• Ensure the effective implementation and monitoring of risk policies and limits across the business.
• Present risk insights and reports to senior management, boards, and investment committees.
• Lead and work closely with the performance analytics team to leverage advanced analytics to assess risks and produce detailed performance reports for both internal and external stakeholders.
• Oversee regulatory reporting requirements related to investment risk and ensure compliance with industry standards.
• Collaborate on new product launches to ensure accurate portfolio valuation and execute in-depth analysis on new products and structures.
• Be able to understand complex trades, identify key risks, and use technical capabilities on a daily basis to drive both tactical and strategic global risk.
• Monitor and evaluate market trends, geopolitical developments, and other macroeconomic factors that may impact the firm’s portfolios.

Requirements

Background and experience

• Minimum 7 years of working experience in relevant Risk Management, Model Validation role, with hands-on experience.
• Advanced knowledge of risk models, tools, and methodologies (e.g. VaR, XVA, derivatives pricing, stress testing, and scenario analysis).
• A strong understanding of the regulatory landscape, specific to both trading and crypto.
• Proven leadership skills with a track record of building and managing high-performing teams.
• Ability to build and maintain strong working relationships at all levels, including the Board.
• Proficiency in programming languages such as Python, R, or similar tools.
• Direct experience in building and/or maintaining multifactor risk models.
• Experience working with options.
• Experience building tools and reporting for risk and trading management.
• Sound judgement and strong analytical skills, with a proactive and practical approach to risk.
• Exceptional attention to detail and accuracy.
• Leadership experience is a big plus.
• Excellent communication and interpersonal skills.
• English is mandatory. International environment (English is the main language).

Recruitment Process

Are you interested in this job but feel you haven't ticked all the boxes? Don't hesitate to apply and tell us in the cover letter section why we should meet! Here's what you can expect if you apply: HR call (30'), Technical Interview with CFO (60'), Technical Interview with CMO (60'), Chat with Paul, our COO (45'), and a Culture fit Interview with CHRO (45'). On the agenda, discussions rather than trick questions! These moments of exchange will allow you to understand how Flowdesk works and its values. But they are also (and above all) an opportunity for you to present your career path and your expectations for your next job!