Market Risk Manager, Vice President - London, United Kingdom,

£150-200k

The company is a leading provider of financial services.

  • Risk management oversight for the bank, including setting and enforcing limits, stress testing, etc.
  • Review and approve transactions for dynamic hedging
  • Drive projects to improve accuracy of measurement of the bank
  • Overseeing and ensuring the integrity of the risk monitoring process
  • Review and approve risk framework for the bank for risk-taking units
  • Monitor compliance with risk limits/triggers
  • Frequent interaction with Financial Division to understand sources of the bank variation
  • Interaction with Model Risk Management, Risk Analytics and Financial Control to ensure robustness of methodologies and models
  • Interaction with ICG Market and Credit Risk Managers to improve accuracy of regulatory and management reporting
  • Interaction with regulators and auditors

  • In-depth understanding of product characteristics, pricing methods and hedging techniques for vanilla and exotic interest rate, FX and credit derivatives
  • Similar understanding of other derivatives will be an advantage.
  • Knowledge of the credit processes and infrastructure within the firm will be useful
  • A background in trading, risk management or structuring would be a strong advantage
  • Skills:
  • Good computing skills essential: specifically advanced spread sheet and PowerPoint use
  • Programming/modelling experience would be an advantage
  • Qualifications:
  • An undergraduate or postgraduate degree in a quantitative or financial discipline.
  • Additional qualifications, such as CFA or Financial Risk Management (FRM) will be an advantage
  • Competencies:
  • Good interpersonal and communication skills
  • Good attention to detail and strong analytical skills
  • Ability to manage within and across the organization
  • A willingness to take an active involvement in day-to-day activity and flexibility in addressing a number of projects simultaneously. This is a 'hands-on' role.
  • Ability to identify issues, build consensus, and drive projects through to resolution