Description:
Reporting to the Board, you will be responsible for designing and implementing the Risk Management Framework of the company. You will also ensure that the firm operates within the applicable regulations and meets regulatory standards, as well as drafting and submitting all relevant regulatory documents to the Board for approval. The position requires continued interaction with other stakeholders to manage risk related matters, and to help foster a risk culture within the Firm.
Roles & Responsibilities:
- Identify the Firm’s enterprise-wide risks and implement appropriate policies, procedures, systems, and controls to handle and mitigate the risks.
- Provide oversight and challenge of the firm's systems and controls in respect of risk management.
- Design and implement an overall risk management process which includes an analysis of the financial impact on the firm when risks occur.
- Perform Self-Control Risk Assessments with department heads by analyzing current risks and identifying potential risks that could affect the company.
- Setting position limits on clients’ trading accounts.
- Approving client withdrawals from active trading accounts.
- Approving the adding of products to clients’ trading accounts. 
- Prepare and maintain internal and external data gathering for risk analysis and reporting.
- Deliver regular risk analysis reports to the Board complete with actionable plans for avoiding or preventing potential threats at all levels.
- Ensure the adequacy of risk information, risk analysis and risk training provided to members of the firm's governing body.
- Create and implement Business Continuity Plan (BCP) and Disaster Recovery (DR) plan to mitigate risks.
- Undertake clear and regular process for the on-going monitoring of risk policies to ensure that they remain appropriate, current and robust.
- Risk reporting to the board of directors about the most significant risks to the business, ensuring business heads understand the risks that might affect their functions and employees understand their own accountability for individual risks.