Head of Risk

AlloyX is building a regulated, institution-grade stablecoin ecosystem through AX Coin. We are seeking a Head of Risk to lead the enterprise-wide risk framework, ensuring robust governance, regulatory compliance, capital and liquidity discipline, and effective risk oversight across all business activities.

This is a senior leadership role with direct engagement with the Board, regulators, and executive management.

Location: Bahrain / GCC (preferred)

Experience: 5–7+ years in Risk Management

Employment Type: Full-time

Key Responsibilities

• Own and lead the enterprise-wide risk management framework, including risk appetite, risk limits, and risk governance.

• Establish and oversee prudential risk measures, methodologies, analytics, models, and reporting.

• Ensure strong alignment with regulatory standards (e.g. Basel III–style principles, capital adequacy, liquidity management, solvency concepts).

• Oversee key risk areas including credit, market, operational, liquidity, capital adequacy, and balance sheet risks.

• Lead stress testing frameworks, scenario analysis, and sensitivity testing.

• Manage asset–liability management (ALM), portfolio allocation, and reserve risk oversight.

• Oversee valuation practices across different asset classes and reserve instruments.

• Ensure accuracy and integrity of data flows, financial reporting, and risk disclosures.

• Produce and present risk reports for:

  • Board and Board Committees

  • Regulators and prudential authorities

  • Annual reports and public disclosures

• Partner closely with Compliance, Finance, Treasury, and Technology teams.

• Build and lead a high-performing risk function, ensuring the right competencies, tools, and controls are in place.

Required Experience & Expertise

• 5–7+ years of experience within a risk management function in financial services, banking, payments, fintech, or regulated digital assets.

• Strong understanding of:

  • Enterprise Risk Management (ERM)

  • Capital allocation and liquidity management

  • Prudential supervision and regulatory expectations

  • Risk analytics, models, and reporting

• Hands-on experience dealing with regulators, auditors, and board-level stakeholders.

• Familiarity with portfolio management, ALM, reserve management, and financial risk controls.

• Deep understanding of the competencies and operating model required to manage a modern risk function.

Qualifications (One or More Preferred)

• Financial Risk Manager (FRM)

• Professional Risk Manager (PRM)

• Chartered Financial Analyst (CFA)

• Associate in Risk Management (ARM – The Institutes)

• Professional qualification in Actuarial Sciences

• Other equivalent risk or financial services qualifications

Why Join AlloyX Group

• Lead risk for a regulated, next-generation stablecoin platform

• Work closely with founders, board members, and regulators

• Shape the risk architecture of a high-growth digital financial institution

• Competitive compensation and leadership visibility