Market Risk Manager

1 week ago


Doha, Baladīyat ad Dawḩah, Qatar The Group Securities Full time

About us

The Group Securities is a well-established investment organization working in the finance industry since 1989, as a company devoted to the stock exchange.

It was licensed once Qatar Stock Exchange was founded in 1997 and provides an array of investment services to more than 400,000 investors, with portfolios exceeding QR 100 billion.

As brokerage firm, The Group Securities finances margin trading and operates as liquidity provider for the listed shares and ETFs. The company has a paid-up capital worth (QR 1 billion) and has been continuously posting profit since its inception.

Besides being licensed by Qatar Financial Market Authority to exercise these activities, The Group Securities is also a member of Qatar Stock Exchange.

About the role:

The Group Securities is a leading broker and market-maker in the Qatari stock market. With the implementation of the "equity derivatives" scheduled this year by the Qatar Stock Exchange, the Group Securities is willing to offer its customers new financial products that will diversify their portfolio and enhance the liquidity of the stock market.

New other financial products are in the pipe and will be offered soon to the customers. Thus, the role of the new Risk manager will be key in managing the risks induced by the market maker positions, in different financial markets, and build the required hedging strategies.

Responsibilities:

  • Monitoring changing financial market conditions and lead the focus of the Risk team on cutting-edge initiatives related to risk mitigation;
  • Conducting comprehensive pricing analysis, using various quantitative techniques, to assess the tail risk and economic valuation of different cash market and derivatives transactions;
  • Conducting in-depth analysis of market data, including historical prices, volatilities, and other relevant indicators;
  • Building and continuously adjusting the hedging strategies to cover the exposures of the market maker portfolio;
  • Collaborating with internal stakeholders to identify, measure, and manage risk exposures across various business functions;
  • Providing regular updates to senior management, highlighting market trends, risk exposures, and recommended actions;
  • Participating in cross-functional projects and initiatives related to risk management, trading strategies and OMS improvement;
  • Promoting a collaborative environment by facilitating communication with other key departments such as: Treasury, IT and Algorithmic trading team;
  • Building then managing a new team of analysts and ensure all risk and P&L reports are delivered to management in timely manner.

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