Our client, a global investment banking company is seeking an Enterprise Market Risk professional to join their London team.
The role of Enterprise Market Risk is to analyse and interpret the aggregation of market risks taken by the companys UK entities, with a main focus on independent and on-site monitoring. The successful candidate will be responsible for controlling and communicating on the nature and extent of all material market risk positions and of ensuring the implementation of and compliance with risk management policies.
Your responsibilities will include:
Reporting and monitoring of the aggregate market risk positions, understanding and analysing the drivers and trends, providing context therein with respect to changes in the market risk profile of the business
Maintaining a thorough understanding of the Stress-Testing on Value at Risk (VaR) methodologies
Production of monthly and quarterly market risk reporting to the UK Board Risk Committee and the Investor & Treasury Services Risk Committee
Development and review of operational and tactical limits in line with risk appetite and capital availability
Monitoring of market risk limit conduct
Participating in ad hoc analysis around the companys risk exposures, including longer-term trend analysis of historical risk results and forward-looking analysis
Quantitative and/or Economics degree (or equivalent)
Strong understanding of financial markets, in particular fixed income products
Full understanding of value at risk and stress testing
Strong Excel/Visual Basic and knowledge of data manipulation in the course of data analysis
Strong written and verbal English skills for presentation and reporting requirements to senior risk and business management