Macro Market Risk Senior Manager - Director

Expiring today

Recruiter
Morgan McKinley
Location
London, United Kingdom
Salary
Competitive
Posted
17 Sep 2022
Closes
02 Oct 2022
Ref
16900179
Job Function
Compliance/Regulatory
Industry Sector
Finance - General
Employment Type
Full Time
Education
Bachelors
Job Summary
  • London
  • Permanent
  • BBBH828415
  • Sep 15, 2022
  • Competitive

Job Description
Global investment bank seeks a Director level Market risk Manager to focus on macro markets and strong expertise in derivatives to assess a broad range of risks. . .

The role requires a thorough understanding of Macro markets, and strong expertise in derivatives. He/she will assess a broad spectrum of risks, predominantly market risks but also operational, credit, and counterparty risks, should these types of risks exist. The successful candidate must be able to build strong relationships with the Front Office while maintaining independence. He/she must be able to handle disputes, negotiate with traders, and uphold Risk Frameworks.

Key Responsibilities:
  • Set risk limits in line with the entity's risk appetite and strategy.
  • Monitor positions against risk limits. Liaise closely with Front Office to detail risk exposures and challenge the business on limit breaches.
  • Review new products and non-standard transactions proposed to ensure risks are appropriately controlled.
  • Collaborate with other support partners to ensure all risks are identified and addressed - Compliance and Operational, Credit, Liquidity etc.
  • Identify and analyse all significant exposures across the entity, and ensure that senior management/risk committees are kept informed about the key risks.
  • Define and evaluate stress scenarios under which the portfolio may incur material losses (point of weakness analysis). Contribute to reverse stress testing process.
  • Assist in ad-hoc risk related queries, VaR analysis, drill downs or risk trends.
  • Validate information that is distributed to the regulators.
  • Develop deep knowledge of the Market Risk IMA methodology under current and future capital frameworks.
  • Contribute to development of the wider team and help build a positive and inclusive work environment.

Core Skills:
  • Solid academic background, which may include a postgraduate qualification.
  • Knowledge of financial markets, ideally with solid understanding of Macroeconomics.
  • Strong understanding of financial derivatives and modelling.
  • Previous seasoned experience as a Risk Manager working directly with the Front Line Unit and performing risk analysis
  • Good people skills demonstrated across various communication styles (both written and verbal).
  • Ability to multi-task and prioritise across several competing demands, meeting tight deadlines.

Morgan McKinley is acting as an Employment Agency and references to pay rates are indicative.

BY APPLYING FOR THIS ROLE YOU ARE AGREEING TO OUR TERMS OF SERVICE WHICH TOGETHER WITH OUR PRIVACY STATEMENT GOVERN YOUR USE OF MORGAN MCKINLEY SERVICES.

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