SVP–Director-Market Risk Manager in the front office covering all asset classes required needed for top investment bank.
The risk manager will sit in the market risk team–FO risk management.
This will involve fully understanding of risks taken by front office and ensure market risk is appropriately captured, managed and communicated within the firm.
The market risk manager will report directly into the head of market risk at the bank.
The market risk manager will have the following responsibilities in this role:
-Take full responsibility for daily risk management of assigned FO desks trading IR, equity, Credit and commodity products. This will involve understanding positions & the strategies of the desks as well as individual traders and analysing & explaining the risks being taken,
-Ensure risk measurements used i.e. VaR and sensitivities accurately reflect the risks and that the risks are appropriately controlled,
-Awareness of risks not well captured and develop suitable methods to help quantify and control the risk,
-Support New Product requests from Front Office and ensure market risks are appropriately considered and that risks can be accurately calculated,
-Frequent dialogue with traders, product controllers and management to ensure up to date sharing of information on positions, valuation and risk issues,
-Presentations to various committees and working groups,
-Develop and improve market risk policies and methodologies,
-Involvement in firm wide IT systems development and testing relevant to market risk.
The successful candidate will have the following background and skill set:
-Degree in a numerical bias subject,
-Excellent understanding of broad range of financial products, valuation methodologies and risk analysis using VaR and Greek sensitivities,
-At least 5 years previous experience in a Market Risk Management-Control function, trading or front office Risk Management,
-Strong analytical and problem solving skills,
-Excellent IT skills including Excel and Access,
-Excellent communication skills as role requires communication and interaction with all levels of management and with other departments.
This role is an excellent opportunity for a market risk professional to move into the front office and have direct interaction with the front office desks of all the trading desks.
The manager will be the first point of contact for all risk issues to the assigned desk and manage a number of junior reporting staff.
If you have the above profile please send all applications by mail.
Apply by email.
Please do not modify the subject of the mail or your application will not be considered.
