Description

We are seeking a commercially aware and analytically strong Market Risk Manager to oversee FX-related market exposures and strengthen risk controls across trading operations in Estonia.

You will sit at the intersection of foreign-exchange markets, trading operations, risk management, treasury, and financial technology. The role requires someone who can understand rapidly changing market conditions, assess their effect on trading exposures, and ensure appropriate controls are operating effectively.

What You Will Do

  • Maintain comprehensive oversight of FX market exposures and trading risk.
  • Monitor open positions, currency concentrations, volatility, liquidity, and other market-risk indicators.
  • Develop daily and intraday risk assessments for relevant trading activities.
  • Review trading activity against established risk limits and escalation frameworks.
  • Analyse significant market movements and assess their potential impact on financial positions.
  • Conduct stress scenarios involving sharp currency movements, volatility shocks, liquidity deterioration, and market disruption.
  • Work with treasury and trading teams on exposure management and hedging considerations.
  • Review risk associated with new products, currencies, trading strategies, and operational processes.
  • Improve market-risk reporting and establish clear management information.
  • Coordinate with technology teams to improve automated monitoring and real-time risk visibility.
  • Support internal control assessments, risk reviews, and governance activities.
  • Prepare clear risk analysis for senior stakeholders and relevant governance forums.
  • Contribute to the continuous improvement of the organisation’s overall market-risk framework.

What You Bring

  • Proven experience in FX market risk, trading risk, treasury, investment risk, or financial-market risk management.
  • Strong practical knowledge of foreign-exchange markets and trading activities.
  • Understanding of market-risk metrics, exposure measurement, stress testing, and risk limits.
  • Strong numerical and analytical capabilities.
  • Experience interpreting trading positions, P&L, market data, and risk reports.
  • Familiarity with risk-management systems and financial technology platforms.
  • Advanced Excel skills and strong data-analysis capabilities.
  • Python, SQL, or other programming experience is an advantage.
  • Excellent communication and stakeholder-management skills.
  • Strong professional judgement and ability to act decisively when risk conditions change.

Success in the Role

Success will mean providing the business with clear visibility of its FX exposures while ensuring that risk controls remain effective as trading activity, technology, and market conditions evolve.

You will be expected to identify emerging risks before they become significant problems, challenge weak assumptions, and help create a risk culture based on transparency, accountability, and disciplined decision-making.

Why Join

This opportunity provides the chance to influence a sophisticated FX risk function while working alongside professionals across trading, technology, treasury, finance, and compliance. Estonia’s strong digital infrastructure provides an effective environment for modernising risk processes and developing technology-enabled market-risk controls.

Ideal candidate: A commercially minded FX risk professional who combines market expertise, quantitative analysis, operational awareness, and the confidence to make sound risk decisions in a fast-moving environment.

Are you interested in this position?

Apply by clicking on the “Apply Now” Button below!

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