Risk Officer

Company Overview

Founded and headquartered in Dubai, United Arab Emirates,

BitOasis

is a leading venture-backed, regulated virtual assets retail trading and custody platform for the GCC and wider Middle East and North Africa (MENA) region. BitOasis is proud to be part of the

CoinDCX group

, an Indian unicorn pioneering the global cryptocurrency space.

Job Summary

The

Risk Officer

is a critical role within our cryptocurrency exchange in Bahrain. You will be responsible for developing, implementing, and monitoring the exchange's comprehensive risk management framework. This role requires a deep understanding of cryptocurrency markets, regulatory requirements, and risk management best practices to ensure our operations remain secure, compliant, and resilient.

Core Responsibilities

• Framework Development: Design, implement, and maintain a comprehensive risk management framework addressing market, credit, operational, cybersecurity, AML/CFT, and regulatory risks.
• Risk Assessment: Proactively identify and assess potential risks across trading, custody, compliance, technology, and operations using quantitative and qualitative methods.
• Mitigation \& Controls: Develop and implement risk mitigation strategies, policies, and controls relating to KYC/AML, transaction monitoring, cybersecurity, and data privacy.
• Monitoring \& Reporting: Track Key Risk Indicators (KRIs) against risk appetite and provide regular risk profile reports to senior management and the board.
• Regulatory Compliance: Stay abreast of evolving local (Bahrain/CBB) and international cryptocurrency regulations, ensuring full framework alignment.
• Cybersecurity \& AML Collaboration: Partner closely with IT security to mitigate cyber threats (hacking, phishing) and collaborate with the compliance team on robust AML/CFT programs.
• Incident Management: Design incident response plans, manage risk events, and conduct post-incident reviews to drive continuous improvement.
• Culture \& Training: Promote a strong internal risk culture by delivering training and awareness programs to employees across all departments.

Qualifications \& Requirements

• Education: Bachelor’s degree in Finance, Risk Management, Business Administration, or a related field. Master’s degree or professional certifications (FRM, APRM, PRM) preferred.
• Experience: Minimum of 5–7 years in risk management, preferably within financial services. Experience in cryptocurrency or fintech sectors is highly desirable.
• CBB Approved is desired for the role.
• Domain Knowledge: Deep understanding of cryptocurrency markets, blockchain technology, associated risks, and relevant regulatory/AML frameworks.
• Framework Expertise: Proven experience developing and implementing corporate risk methodologies and controls.
• Soft Skills: Strong analytical problem-solving skills, excellent cross-functional communication, independent work ethic, and high ethical standards.

Preferred Skills

• Hands-on experience with specialized risk management software and tools.
• Proficiency in data analytics and data visualization techniques.
• Familiarity with global cybersecurity best practices.
• Arabic language proficiency is a strong asset.