Credit Risk Manager

Role Summary

:The Senior Manager will be responsible for the end-to-end management of credit risk, counterparty risk, and market risk exposures across the groups virtual asset products and services. This role demands a deep understanding of traditional finance risk principles, combined with strong experience in emerging virtual asset markets. The role will report directly to the Head of Risk and will work closely with senior management, trading, compliance, product, and legal teams to ensure a robust and proactive risk environment

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Key Responsibilitie

s:Credit & Counterparty Risk Manageme

• ntLead credit risk assessments for counterparties, institutional clients, OTC participants, and borrower
• s.Develop, implement, and maintain the credit risk management framework, including risk appetite, policies, procedures, and delegation matrice
• s.Set and monitor counterparty exposure limits, assess creditworthiness, and manage collateral frameworks (e.g., margin, netting agreements
• ).Conduct ongoing due diligence and periodic reviews of active counterpartie
• s.Design and implement credit scoring methodologies appropriate for virtual asset products and market

s.Market Risk Manageme

• ntMonitor and manage market risk exposures arising from proprietary positions, client flows, lending activities, and structured yield product
• s.Develop market risk metrics (VaR, stress testing, scenario analysis) and implement real-time risk monitoring tool
• s.Conduct daily P&L and exposure analysis, flagging material movements and breaches to senior managemen
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  t.Advise trading desks and treasury teams on risk-adjusted strategie

s.Regulatory Compliance & Reporti

• ngEnsure full compliance with applicable Dubai regulatory requirements for VASPs (e.g., VARA guidelines, DFSA principles if applicable
• ).Prepare and submit internal and regulatory risk reports as require
• d.Engage with regulators during supervisory reviews, inspections, and audits, specifically in relation to credit and market risk managemen

t.Strategic Risk Initiativ

• esPartner with Product, Legal, and Business Development teams to ensure risk factors are embedded into new product launche
• s.Drive initiatives to digitize and automate risk assessment, monitoring, and reporting processe
• s.Support the development of a strong risk culture across the organizatio

n.Committee Participati

• onServe as a key member of the Risk Committee, Credit Committee, and Product Launch Committe
• e.Present regular risk reports and material findings to executive management and the Board Risk Committe

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Qualifications & Experien

• ce:Bachelor s or master s degree in finance, Economics, Risk Management, or related fiel
• ds.Minimum 8 10 years of experience in credit risk, counterparty risk, and/or market risk roles within financial services, with at least 2 years exposure to digital assets or alternative assets preferr
• ed.Strong understanding of OTC trading, brokerage operations, lending products, and yield structur
• es.Solid knowledge of collateralized lending, counterparty exposure management, and margining practic
• es.Hands-on experience developing risk models and frameworks (credit scoring, VaR, stress test
• s).Familiarity with Dubai VASP regulations (VARA) and/or international virtual asset regulatory framewor
• ks.Previous experience interacting with regulatory bodies preferr
• ed.FRM (Financial Risk Manager) Mandato
• ry.CFA (Chartered Financial Analyst) Mandato
• ry.CAMS (Certified Anti-Money Laundering Specialist) is a pl

us.Skills & Attribut

• es:Highly analytical with strong quantitative risk management skil
• ls.Excellent judgment and ability to balance risk and commerciali
• ty.Strong communication and stakeholder management skil
• ls.Ability to thrive in a dynamic, high-growth, and evolving regulatory environme
• nt.Integrity, attention to detail, and a proactive problem-solving approa