Risk Manager

We are recruiting a Risk Manager to lead Trade Nation Europe’s independent Risk Function, as part of the firm’s second line of defence, ensuring robust prudential and regulatory risk oversight in line with CMVM requirements applicable to investment firms and CFD brokers operating under MiFID II and the IFR/IFD framework. 

This role will be responsible for maintaining and strengthening the firm’s risk management framework, supporting regulatory interactions with the CMVM and contributing to group-wide risk and governance initiatives. The position will be based in Portugal under the regulatory perimeter of the CMVM, while also supporting broader group-level risk activities. 

This position is designed to provide independent oversight, challenge and governance across the business. 

Who we are 

Trade Nation is a global CFD broker. We help traders make better decisions through clear market insights, transparent pricing and a fairer approach to trading. 

Since 2014, we’ve grown into a market-leading, low-cost broker with headquarters in London and offices across Europe, South Africa, Asia-Pacific and key offshore regions including the Caribbean and Indian Ocean. 

Built on transparency and trust, and driven by our people, our focus is simple: helping customers trade more effectively. We do that by keeping costs low, reducing unnecessary complexity and using technology to put traders first. 

Your team 

Our Lisbon office is located in the Marquês de Pombal area, in the heart of the city, with excellent access to public transport and a wide range of nearby restaurants, cafés and services, including the beautiful Parque Eduardo VII. 

The office offers a comfortable and inclusive working environment, featuring dedicated wellbeing areas and communal spaces designed to support collaboration and connection. Our Lisbon team plays a vital role in supporting our European operations and broader group initiatives from our first continental European office. 

Our commitments to each other 

We have each other’s backs 

There when we need each other most 

We challenge each other 

Be more curious, more analytical and more proactive 

We thrive together 

Taking our work to the next level 

We form strong bonds 

Through collaboration and shared success 

We do not judge 

Instead, we teach and remain open to learning 

We step up 

Taking ownership and supporting each other to do the same 

Responsibilities

• Leading Trade Nation Europe’s prudential risk management framework under IFR/IFD and CMVM requirements 

• Identifying, measuring and monitoring K-factor risks, including Risk to Client, Risk to Market and Risk to the European entity 

• Monitoring operational, liquidity, and concentration risk exposures relevant to the firm’s European CFD and derivatives business. 

• Supporting Pillar 2 capital assessments  

• Working collaboratively with the Business and other second line functions to support the delivery of an effective and holistic risk management framework. 

• Preparing and coordinating prudential and regulatory reporting submissions to the CMVM 

• Designing and maintaining the firm’s risk appetite framework, governance policies and escalation procedures 

• Producing periodic risk reporting for senior management, the management body and relevant group entities 

• Supporting group-wide risk consolidation and ensuring consistency of methodologies across jurisdictions 

• Leading DORA implementation activities, including ICT risk management, incident reporting and third-party ICT oversight 

• Developing and maintaining the firm’s recovery plan in accordance with CMVM expectations and EU regulation 

• Acting as a key point of contact for regulatory and supervisory engagements related to risk matters 

• 5+ years of experience in Risk Management within financial services 

• Strong knowledge of CMVM regulatory expectations applicable to investment firms and CFD brokers 

• Strong understanding of IFR/IFD prudential frameworks and MiFID II regulation 

• Knowledge of prudential regulatory reporting, including own funds, liquidity, K-factors and concentration risk 

• Experience developing risk governance frameworks, policies and reporting structures 

• Familiarity with DORA and ICT risk management requirements 

• Ability to operate independently within a second line of defence environment 

• High level of autonomy, proactivity and ownership 

• Strong leadership skills and ability to make decisions in a fast-paced environment 

• Strong analytical, organisational and stakeholder management skills 

• Experience within brokerage, CFD or derivatives environments is highly preferred 

• Professional fluency in Portuguese and English is required. 

• Competitive salary and discretionary annual bonus 

• Private healthcare 

• Active Lifestyle allowance 

• Annual leave above minimum entitlement 

• Up to 3 weeks allowance to work from any location 

• Hybrid working environment