Head of Trading Risk Engine, Crypto Perpetuals Prop Firm, Dubai or Remote

Head of Trading Risk Engine, Location: Dubai preferred; exceptional remote candidates consideredThe RoleOur client is expanding from trading infrastructure into retail trading through its retail trading product, which processes about $1B monthly. Backed by $17M from Lightspeed, Coinbase and angels including Mark Cuban, they are launching a crypto-perpetuals prop firm.We need a hands-on leader to build and run its risk engine, owning rules, exposure, hedging and payout economics. You will make live decisions, analyse data and build systems with Product and Engineering.This is not compliance or advisory. Quantify real risk and enable ambitious products through pricing, precise limits, monitoring, segmentation, routing, hedging and staged rollouts. Use broad bans only for unmeasurable, uncontrollable risks.What You Will OwnTrading book, risk appetite and exposure by instrument, strategy, cohort and correlated groupFunded-account rules, payout reviews, liability forecasts and reservesClassification of profitable, toxic, fraudulent, coordinated and correlated tradersDecisions to simulate, internalise, match or hedge; plus venue, liquidity-provider and market-maker relationshipsMargin, liquidation, circuit breakers, kill switches, monitoring, incident response, reporting and the future risk/dealing teamTrading, Execution and ProductBuild A/B/hybrid routing; decide when exposure remains internal or is hedgedMeasure shadow P&L after fees, funding, spreads, slippage and execution costsSet leverage, margin, instruments, spreads, mark-ups and trading conditionsMonitor execution, fills, rejections, pricing anomalies, market gaps and incidentsDetect toxic flow, latency arbitrage, copy/coordinated trading, multi-account abuse and payout exploitation; lead responses to volatility, failures and concentrated exposureFor every product change, explain effects on behaviour, payouts and unit economics; available pricing, limits, monitoring, routing or hedging; the launch approach; and evidence to expand, change or stop.Ideal BackgroundFive-plus years in trading risk, dealing or similar preferred; live-exposure ownership matters more than tenureExperience in funded trading, retail FX/CFDs, crypto derivatives, prop trading or market-makingKnowledge of perpetuals, leverage, margin, liquidation, funding, microstructure, A/B-book management, hedging, routing and liquidity providersAnalyse behaviour and abuse with SQL/Python, then translate risk logic into product and engineering requirementsCommercial, inventive and decisive under volatility; protects legitimate payouts and profitability without blanket restrictionsNot Suitable IfYour background is mainly compliance, audit, policy or documentation; you have not owned live exposure or execution; you prefer frameworks to operations; cannot work with data, engineers and imperfect systems; or avoid time-sensitive book decisions.This search is being handled by Donna Stephenson, Founder and Principal Recruiter, Emerald Zebra. To apply in confidence, contact donna.stephenson@emeraldzebra.cy. Emerald Zebra is a licensed recruitment consultancy for FinTech, Tech and Financial Services, Licenced in Cyprus No. 406.