Risk and Compliance Manager

Job description / Role

Our client is an established family group with a track record in entrepreneurial success across a variety of industries, employing over 1500 people worldwide. Their recent DIFC based multi strategy Hedge Fund launch employs non-directional option trading strategies across a range of derivative markets including fixed income, equity, commodity and currency, to generate attractive risk adjusted returns for investors. With an experienced and ambitious management team in place, they are looking to bring onboard a handful of Key Hires; offering an exceptional career opportunity to join a dynamic and energetic team, geared towards long-term success.

The role of the Fund Risk and Compliance Manager is a key position within the organisation and requires an experienced professional to perform the following duties:

• The role reports directly to the board of Directors.
• Exposure to options trading strategies essential.
• Solid grasp of trading market risks associated to leverage based option trading strategies.
• Hands on Risk Manager who can understand the trading strategy and identify risks in the portfolio during prevailing market conditions, to help steer the portfolio and mitigate black-swan scenarios.
• Regular communication to understand an actively traded investment portfolio.
• Developing spreadsheets to monitor the risks in the portfolio.
• Developing relevant portfolio scenario testing and reporting results to senior management.
• Ad-hoc senior management reporting to keep them informed with portfolio risks.
• This is a hybrid role which will require the candidate to also encompass the role of a compliance officer, to ensure Funds are being managed in accordance with DFSA regulatory requirements.
• Periodic review of compliance and governance framework; ensuring policies, procedures and processes are robust, with an eye towards evolving these processes over time.
• Ensure products and services are offered in accordance to regulatory requirements, communicating with the DFSA and clients where necessary.
• Ensure management and staff members are kept abreast of compliance requirements

Requirements

Applicants for this role must satisfy the following:

• Experience encompassing 5-8 years in market risk, preferably with exposure to Options and listed Derivatives.
• A solid grasp of core market risk principles and practices.
• Professional qualification such as FRM, GARP or CFA is highly desired, but not a prerequisite.
• Exposure in a compliance role is preferred, but not a prerequisite. However, as this is a core part of the role, it is important candidates can demonstrate past experiences where they have exposure to compliance and governance related processes / process improvement, with a willingness to be more actively involved in this aspect of the role.
• Self-starting, resourceful individuals who preferably come from an environment where they have learnt to think ‘outside of the box’, think on their feet and successfully implement change in a fast paced environment.
• Team player with a desire to do well.
• Strong academics and fluent in English.
• UAE based candidates with no outstanding Visa issues.

About the Company

Building businesses, changing lives

At Tandem, we’ve built a vast network of top-tier professionals across the globe. We empower businesses to thrive by delivering unmatched talent solutions. With our global reach, collaborative approach, and unwavering commitment to excellence, we drive transformative growth and shape exceptional teams.

Who we are.

We are a team of industry experts, driven by a passion for innovation and excellence. We are dedicated to providing unique talent solutions and nurturing collaborative partnerships that redefine success.