Head of Risk in South Africa

Capital.com


Date: 6 hours ago
City: Johannesburg, Gauteng
Contract type: Full time
We are a leading trading platform that is ambitiously expanding to the four corners of the globe. Our top-rated products have won prestigious industry awards for their cutting-edge technology and seamless client experience. We deliver only the best, so we are always in search of the best people to join our ever-growing talented team.

The Head of Risk will be responsible for identifying, assessing, monitoring, and mitigating the Company’s risks, particularly those arising from its trading, operational, and regulatory activities. This role is critical to ensuring that the Company’s OTC derivatives and broader financial services operations are conducted within an effective risk management framework aligned with regulatory requirements.

Regulatory Compliance & Governance:

  • Ensure the risk management framework complies with FSCA and FMA regulatory requirements
  • Maintain risk policies and procedures aligned to local and group governance frameworks
  • Report material risks and mitigation plans to the Board of Directors and relevant committees


Risk Identification & Mitigation:

  • Oversee identification and monitoring of key risk exposures, including market, credit, liquidity, and operational risk
  • Establish and monitor risk limits, thresholds, and escalation procedures
  • Lead stress testing and scenario analysis activities


Reporting & Internal Controls:

  • Maintain timely and accurate risk reports for executive management and the Board of Directors
  • Coordinate internal risk reviews and contribute to audit processes


Leadership & Internal Collaboration:

  • Collaborate with Compliance, Operations, and IT teams to embed risk awareness and controls
  • Provide guidance to business units on new product risk assessments and mitigation
  • Lead and mentor the risk function team


Requirements:

  • Bachelor’s degree in Finance, Economics, Quantitative Finance, Risk Management, or related field (relevant postgraduate qualification will be considered an advantage)
  • Minimum of 5 years’ experience in a risk leadership role in the financial services industry, preferably within the derivatives or investment space, preferably with exposure to products such as Securities, OTC derivatives (such as CFDs) and Knockout Options
  • Demonstrated expertise in OTC derivatives and financial market risk management
  • Proven ability to implement quantitative risk assessment and valuation frameworks
  • Strong understanding of the FAIS Act, Financial Markets Act, and associated FSCA and FMA regulations
  • Familiarity with regulatory risk standards, stress testing, and capital adequacy models
  • Experience in retail investments, trading and/or retail financial services
  • Strong analytical, problem-solving, and stakeholder engagement skills
  • Excellent written and verbal communication skills in English
  • Strong leadership and mentoring ability
  • Capable of handling complex and non-routine compliance challenges
  • High ethical standards and commitment to integrity and transparency
  • Resilient under pressure and adaptable in a fast-paced environment
  • Must meet FSCA Fit and Proper requirements


What you will get in return:

  • Competitive Salary: We believe great work deserves great pay! Your skills and talents will be rewarded with a salary that makes you feel valued and motivated
  • Work-Life Harmony: Join a company that genuinely cares about you - because your life outside of work matters just as much as your time on the clock
  • Annual Performance Bonus: Your hard work doesn’t go unnoticed! Celebrate your achievements with a well-deserved annual bonus tied to your performance
  • Generous Time Off: Need a breather? Our annual leave policy lets you recharge and enjoy life outside of work without a worry
  • Employee Referral Program: Love working here? Share the love! Bring your talented friends on board and get rewarded for growing our awesome team
  • Comprehensive Health & Pension Benefits: From medical insurance to pension plans, we’ve got your back. Plus, location-specific benefits and perks!
  • Workation Wonderland: Live your digital nomad dreams with 30 extra days to work remotely from anywhere in the world (some restrictions apply). Adventure awaits!
  • Volunteer Days: Make a difference! Take two additional paid days each year to support causes you care about and give back to the community


Be a key player at the forefront of the digital assets movement, propelling your career to new heights! Join a dynamic and rapidly expanding company that values and rewards talent, initiative, and creativity. Work alongside one of the most brilliant teams in the industry.

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