Head of Risk (F/M/D)

The Head of Risk at Flowdesk is tasked with establishing the risk function from scratch, including developing frameworks for oversight, monitoring, and reporting. You'll focus on trading and execution risk initially, while also covering wider enterprise risk management. Key responsibilities include identifying market risks, implementing risk management processes, preparing risk metrics for senior management, and collaborating across teams to ensure compliance with regulations.

To qualify for the Head of Risk role at Flowdesk, candidates should have a minimum of 7 years of experience in risk management or a similar model validation role. Advanced knowledge of risk models and regulatory frameworks related to trading and crypto is essential. Additional qualifications include leadership experience, proficiency in programming languages like Python or R, and the ability to communicate complex risk concepts effectively to stakeholders at all levels.

Experience with risk models is crucial for the Head of Risk position at Flowdesk. The role requires a solid understanding of various risk measurement techniques, including Value at Risk (VaR), stress testing, and scenario analysis. Candidates should have direct experience in building and maintaining multifactor risk models, as this knowledge will be essential to develop robust risk management processes that align with the company's objectives.

The Head of Risk at Flowdesk should be well-versed in using various risk management tools and methodologies. Familiarity with programming languages such as Python and R is critical for developing risk models and analytical tools. Additionally, experience with risk metrics dashboards and reporting tools will be beneficial in ensuring effective monitoring and communication of risks across the organization.

The work environment at Flowdesk is dynamic, diverse, and innovative. As the Head of Risk, you can expect a collaborative atmosphere that encourages open communication and creative problem-solving. The company values equal opportunity and fosters an inclusive culture where all team members can contribute ideas, ensuring that your role will be both challenging and enjoyable.

When answering this question, focus on specific instances where you've built or enhanced risk management frameworks. Highlight your understanding of the regulatory requirements, how you assessed risks, and your approach to balancing risk with business objectives. Emphasize your quantitative skills and any relevant tools or methodologies you've utilized.

Here, discuss your method for risk assessment, including quantitative analysis and qualitative evaluations. Provide an example of a time when you had to prioritize risks, and explain how your decision impacted the organization. Show your ability to balance multiple factors and align them with business objectives.

Focus on a specific case where you encountered a major risk issue and how you approached it. Discuss the steps you took to analyze the situation, the decisions made, and the results achieved. Highlight your critical thinking and problem-solving abilities, and showcase your proactive approach.

Mention the specific tools and software you've employed for risk monitoring, such as dashboards or risk analytics platforms. Explain how you use these tools to track trading positions, perform scenario analysis, and ensure compliance with regulations. Share any experiences where technology significantly improved your risk management processes.

Emphasize your commitment to continuous learning in this rapidly evolving field. You might refer to professional networks, conferences, and relevant publications that you follow. Share specific examples of any regulatory changes you've successfully navigated and how they impacted your previous roles.

When answering, discuss your approach to communication and teamwork. Share specific examples of initiatives that drove collaboration between risk management and other departments, such as trading or compliance, and how they led to improved decision-making and performance.

Discuss your strategies for sharing risk metrics and insights with stakeholders. You can mention methods for escalation and reporting, as well as tools you use to visualize risk data. Share how you've ensured that your communication encourages accountability and informed decision-making among team members.

Illustrate the importance of quantitative analysis in measuring and managing risk. You can discuss specific models you've developed or used, like VaR or stress testing, and the insights derived from them. Highlight your ability to analyze complex data and translate it into actionable risk strategies.

Here, share your philosophy on balancing risks with the organization’s growth objectives. Provide examples of how you've approached this balance in the past, focusing on strategic decision-making and the ways you've successfully supported business initiatives while managing risk exposure.

Discuss specific techniques you've employed to monitor market trends and geopolitical factors affecting the portfolios. Share examples of your analytical methods, reporting practices, and how you've made strategic adjustments based on these analyses to mitigate risks and capitalize on opportunities.