Risk Manager (Remote Job)
This is a full-time remote role as a Risk Manager at OTRADE located in Sofia, Bulgaria. We are seeking an experienced Risk Manager to join our proprietary trading firm that provides capital to skilled traders globally.
We aim to empower traders with cutting-edge tools and resources while managing risk to ensure sustainable growth. Job SummaryThe Risk Manager will oversee the firm's trading risk management framework to ensure all activities align with our risk appetite and regulatory standards.
The role involves real-time risk monitoring, developing risk policies, and collaborating with trading teams to maintain a balance between risk and profitability. Key ResponsibilitiesRisk Monitoring:- Continuously monitor traders' positions, ensuring adherence to the firm's risk parameters and stop-loss policies. - Manage exposure limits, drawdowns, and account performance for funded traders. Policy Development:- Develop and maintain risk management policies and guidelines tailored to proprietary trading operations. - Design and implement trader evaluation metrics to assess risk tolerance and strategy viability. Analytics and Reporting:- Generate daily, weekly, and monthly risk reports for management and stakeholders. - Identify trends or anomalies in trading activities that could lead to significant risk exposure. Trader Support:- Collaborate with traders to help optimize strategies within the firm's risk framework. - Provide feedback and coaching to ensure traders adhere to risk guidelines. Platform Oversight:- Oversee risk management tools, software, and systems to ensure they are functional and updated. - Coordinate with IT teams to enhance risk monitoring capabilities. Regulatory Compliance:- Ensure compliance with relevant financial and regulatory standards where applicable. QualificationsMandatory: At least one year of experience as a risk manager in a proprietary trading firm. Bachelor's degree in Finance, Economics, Mathematics, or a related field.
A master's degree is a plus. Strong knowledge of financial markets, trading instruments (e. g. , forex, futures, equities), and trading strategies. Familiarity with trading platforms such as MetaTrader, cTrader, or proprietary systems. Proficiency in data analysis tools (e. g. , Excel, Python, SQL). Excellent problem-solving skills and attention to detail. Strong communication skills for effective interaction with traders and management. Preferred SkillsExperience in algorithmic trading risk management. Knowledge of industry practices like funded trader programs. Certification such as FRM (Financial Risk Manager) or CFA is advantageous. What We OfferCompetitive salary and performance bonuses. Opportunity to work with a diverse and talented trading community. Access to cutting-edge risk management tools and technologies. Flexible remote working hours. Job Types: Full-time, Part-timePay: €2, 000. 00 - €5, 000. 00 per monthExperience:Risk manager at a prop firm: 1 year (Required)Work Location: Remote #J-18808-Ljbffr
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