Define and maintain Flipsters enterprise risk management strategy risk appetite and tolerance thresholds in alignment with regulatory expectations and business objectives.
Serve as the principal advisor to the Board and CEO on all risk-related matters.
Stay ahead of industry trends regulatory changes and emerging risks to adapt our strategies and risk appetite accordingly.
Build operationalize and evolve a risk governance framework covering market credit liquidity operational product technology cybersecurity people and third-party (outsourcing) risks.
Lead the Risk Committee and ensure periodic risk reviews and Board reporting.
Conduct dynamic and ongoing risk assessments with emphasis on market volatility counterparty exposure liquidity stress and regulatory compliance.
Develop and maintain robust quantitative and qualitative risk measurement tools and indicators.
Analyze crypto assets and investment strategies for potential risks and vulnerabilities and develop effective mitigation strategies while evaluating new investment opportunities.
Collaborate cross-functionally with business units to refine risk controls and support new product development.
Partner with Legal Compliance Product and Operations teams to embed risk controls into workflows and support strategic initiatives.
Cultivate strong relationships with regulatory bodies industry associations and auditors to ensure unwavering compliance.
Act as the key point of contact for VARA and other relevant regulators ensuring timely submission of risk reports and regulatory updates.
Represent Flipster in industry risk forums and engage with external auditors and consultants.
Lead incident response and crisis management efforts across business units.
Work hand-in-hand with the Chief Information Security Officer (CISO) to develop and maintain Business Continuity and Disaster Recovery (BCP/DR) plans.
Establish and manage constructive relationships with insurance partners to ensure appropriate coverageincluding custody and Directors & Officers (D&O) insuranceand to support effective risk transfer strategies in the event of cyber incidents asset loss or other operational disruptions.
Qualifications
Bachelors or Masters degree in Finance Risk Management Economics Engineering or a related field.
Minimum 10 years of progressive experience in risk management within regulated financial services including at least 3 years in digital asset or crypto platforms.
Strong understanding of Blockchain and cryptocurrency specific risks.
Expertise in designing and managing enterprise-wide risk frameworks policies and tools.
Strong knowledge of quantitative risk metrics Value at Risk (VaR) stress testing and exposure modeling.
In-depth understanding of UAE and global crypto regulatory frameworks particularly VARAs rulebooks and risk-related requirements.
Exceptional analytical and critical thinking skills.
Strong communication skills with the ability to convey complex risk issues to senior stakeholders and regulators.
Proven leadership and collaboration skills across functional teams and geographies.
Preferred
Professional certifications (e.g. FRM CFA PRM CAMS CISA CRISC) are highly preferred.
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