Head of Risk in South Africa
Head of Risk in South Africa
Posted on :
12-07-2025
Employer Active
1 Vacancy
Job Alert
You will be updated with latest job alerts via emailValid email field required
Send jobs
Share
Send me jobs like this
Job Alert
You will be updated with latest job alerts via emailValid email field required
Send jobs
Monthly Salary
Not Disclosed
Salary Not Disclosed
Vacancy
1 Vacancy
Posted on :
12-07-2025
Job Description
We are a leading trading platform that is ambitiously expanding to the four corners of the globe. Our top-rated products have won prestigious industry awards for their cutting-edge technology and seamless client experience. We deliver only the best so we are always in search of the best people to join our ever-growing talented team.
The Head of Risk will be responsible for identifying assessing monitoring and mitigating the Companys risks particularly those arising from its trading operational and regulatory activities. This role is critical to ensuring that the Companys OTC derivatives and broader financial services operations are conducted within an effective risk management framework aligned with regulatory requirements.
Regulatory Compliance & Governance:
- Ensure the risk management framework complies with FSCA and FMA regulatory requirements.
- Maintain risk policies and procedures aligned to local and group governance frameworks.
- Report material risks and mitigation plans to the Board of Directors and relevant committees.
Risk Identification & Mitigation:
- Oversee identification and monitoring of key risk exposures including market credit liquidity and operational risk.
- Establish and monitor risk limits thresholds and escalation procedures.
- Lead stress testing and scenario analysis activities.
Reporting & Internal Controls:
- Maintain timely and accurate risk reports for executive management and the Board of Directors.
- Coordinate internal risk reviews and contribute to audit processes.
Leadership & Internal Collaboration:
- Collaborate with Compliance Operations and IT teams to embed risk awareness and controls.
- Provide guidance to business units on new product risk assessments and mitigation.
- Lead and mentor the risk function team.
Requirements:
- Bachelors degree in Finance Economics Quantitative Finance Risk Management or related field (relevant postgraduate qualification will be considered an advantage).
- Minimum of 5 years experience in a risk leadership role in the financial services industry preferably within the derivatives or investment spacepreferably with exposure to products such as Securities OTC derivatives (such as CFDs) and Knockout Options.
- Demonstrated expertise in OTC derivatives and financial market risk management.
- Proven ability to implement quantitative risk assessment and valuation frameworks.
- Strong understanding of the FAIS Act Financial Markets Act and associated FSCA and FMA regulations.
- Familiarity with regulatory risk standards stress testing and capital adequacy models.
- Experience in retail investments trading and/or retail financial services.
- Strong analytical problem-solving and stakeholder engagement skills.
- Excellent written and verbal communication skills in English.
- Strong leadership and mentoring ability.
- Capable of handling complex and non-routine compliance challenges.
- High ethical standards and commitment to integrity and transparency.
- Resilient under pressure and adaptable in a fast-paced environment.
- Must meet FSCA Fit and Proper requirements.
What you will get in return:
Competitive Salary: We believe great work deserves great pay! Your skills and talents will be rewarded with a salary that makes you feel valued and motivated.
Work-Life Harmony: Join a company that genuinely cares about you - because your life outside of work matters just as much as your time on the clock. #LI-Hybrid
Annual Performance Bonus: Your hard work doesnt go unnoticed! Celebrate your achievements with a well-deserved annual bonus tied to your performance.
Generous Time Off: Need a breather Our annual leave policy lets you recharge and enjoy life outside of work without a worry.
Employee Referral Program: Love working here Share the love! Bring your talented friends on board and get rewarded for growing our awesome team.
Comprehensive Health & Pension Benefits: From medical insurance to pension plans weve got your back. Plus location-specific benefits and perks!
Workation Wonderland: Live your digital nomad dreams with 30 extra days to work remotely from anywhere in the world (some restrictions apply). Adventure awaits!
Volunteer Days: Make a difference! Take two additional paid days each year to support causes you care about and give back to the community.
Be a key player at the forefront of the digital assets movement propelling your career to new heights!Join a dynamic and rapidly expanding company that values and rewards talent initiative and alongside one of the most brilliant teams in the industry.
Required Experience:
Director
Employment Type
Full Time
Report This Job
Disclaimer: Drjobpro.com is only a platform that connects job seekers and employers. Applicants are advised to conduct their own independent research into the credentials of the prospective employer.We always make certain that our clients do not endorse any request for money payments, thus we advise against sharing any personal or bank-related information with any third party. If you suspect fraud or malpractice, please contact us via contact us page.
