Dubai, United Arab Emirates
Head of Risk Management
Legal & ComplianceFull-timeonsite
🚀 About Flipster
Flipster(flipster.io) is a high-performance crypto perpetuals trading platform on a mission to create the most efficient, frictionless, and high-performance trading experience.
Engineered by traders and optimized for trading, Flipster combines zero spreads, instant execution, and capital efficiency to deliver a platform where performance is the product.
Operating globally and serving users in nearly 200 countries, Flipster is built for crypto traders who demand the ultimate perpetual trading experience — from active retail users to degens to seasoned pros — while maintaining the highest standards of compliance and security.
Responsibilities
- Define and maintain Flipster’s 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 coverage—including custody and Directors & Officers (D&O) insurance—and to support effective risk transfer strategies in the event of cyber incidents, asset loss, or other operational disruptions.
Qualifications
- Bachelor’s or Master’s 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 VARA’s 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.
Interview Process
- CV/Resume Screening
- 1st Round Interview
- 2nd Round Interview
- 3rd Round Interview