Market Risk Manager

London Permanent
  • This is a new permanent role in a well established international bank
  • This person will have strong rates market knowledge

About Our Client

My client is the London based securities and investment banking arm of an international banking group. With a primary focus on client based activities, its wide range of services includes sales and trading in both debt and equity securities, the underwriting of new issues and M&A advisory services.

Job Description

The Market Risk Manager will have:

  • Daily Market Risk Management for various trading desks within the Fixed Income & Equity businesses
  • Produce periodic commentaries (daily; weekly; monthly) that link risk, P&L and market data information. Identify and communicate top market risks.
  • Link the commentaries with market risk measures.
  • Assist in reviewing exposures as part of the Volcker rules.
  • Assist in keeping Front Office appraised of the methodology that is being used to calculate their risk positions.
  • Pro-actively participate in market risk methodology reviews.
  • Assist in reviews of current Limit framework and implement change as appropriate in consideration of the firm's business plans.
  • Assist in reviewing the Stress Testing scenarios and framework.
  • Produce ad-hoc reviews of transactions and be involved in analysing new products on behalf of Market Risk Management.
  • Participate in company initiatives to review the system infrastructure, to ensure it will provide a robust risk framework for the approved model set.

The Successful Applicant

The ideal Market Risk Manager will have:

  • University degree, ideally in a numerate subject
  • Rates market knowledge within banking or another Financial Services business
  • Experience working in a front office facing role
  • Experience in a Market Risk role, ideally in banking
  • Appreciation of the risks inherent to the products covered in the past experiences;
  • Ability to deliver value added analysis
  • Ability to deliver changes to valuation and risk methodology.
  • Good understanding of derivative products in the market risk management arena
  • Good understanding of risk measurement methodology techniques
  • Ability to communicate at all levels and deliver technical explanations to the layman as well as the practitioner
  • Ability to assimilate large amounts of data and transform into consumable information
  • Excel and Basic VBA skills.

What's on Offer

This is a permanent AVP / Manager level role based in London.

Contact
Victoria Karpinski
Quote job ref
JN-112021-4526824
Phone number
+44 20 7645 1436

Job summary

Sector
Banking & Financial Services
Subsector
Risk Management
Sector
Financial Services
Location
London
Contract type
Permanent
Consultant name
Victoria Karpinski
Consultant phone
+44 20 7645 1436
Job reference
JN-112021-4526824