Sector: Hedge Fund – Proprietary Trading Role: Chief Revenue Officer - Hebrew speaker Salary: Up to 15,000 gross euro per month Location: Limassol (onsite)

This role is for those who are based in Cyprus or willing to relocate to Cyprus.

On behalf of our client, we are seeking an experienced Senior Market Risk Manager / Chief Risk Officer to join a newly established investment fund based in Limassol.

This is a hands on market risk position. We are specifically looking for someone with strong experience in trading environments, derivatives, interest rates and FX rather than primarily regulatory, compliance or operational risk experience. The successful candidate will also play a key role in establishing the fund’s risk infrastructure, limits, reporting framework and live risk monitoring capabilities.

Key Responsibilities

• Monitor the fund’s positions and market exposures on an ongoing basis at position, strategy and total portfolio level.
• Monitor and analyse VaR, Expected Shortfall, stress tests, scenario analysis, DV01, option Greeks, FX exposure, gross and net exposure, leverage, concentration, liquidity and drawdown.
• Independently assess risks arising from interest rate products, government bonds, IRS, futures, FX forwards, FX options and other derivatives.
• Analyse Relative Value strategies, yield curve positions, spread trades, basis trades, directional macro positions and other trading strategies.
• Establish and maintain risk limits at fund, strategy and position level, including warning thresholds, operating ranges and hard limits.
• Monitor compliance with risk limits in real time and immediately escalate material breaches or unusual changes in portfolio risk.
• Work with Bloomberg MARS Enterprise or equivalent institutional risk systems to develop the fund’s live risk monitoring infrastructure.