Market Risk Manager

Rev & Regs are seeking a Market Risk Manager to work for a dynamic and well-established Brokerage in the City of London.

The candidate will be responsible for the risk management on an intraday and overnight basis, of the firm’s trading portfolios to mitigate risk and protect the Company's capital.

Responsibilities:

• Proactive management of firm accounts via trading mandates, establishing and management of pre-trade risk parameters, and real time monitoring of trading activity and losses ensuring exposures remain within parameters. Actions include prompt communication with the firm’s traders on risk parameters breached, and escalation to senior management within the business.
• Developing and maintaining an effective Market Risk management system. Production of daily reporting on firm positions including initial margin, VaR, Sensitivity Analysis & Stress Testing. Escalating key risk issues to senior business management where required.
• Daily stressed liquidity analysis of firm portfolios and of individual underlying positions against the firm’s liquid assets.
• Preparation and presentation of monthly risk reports as required by Senior Management and the Board.
• Supporting and engagement on allocated projects and system development items as well as proactively working on risk or control improvement ideas within the firm.
• Responsibility for maintaining and ensuring adherence to relevant risk policies and procedures.
• To effectively communicate risk management principles to internal and external stakeholder.

Experience:

• A strong risk management background with experience in LME and commodities and a proven interest in markets (exchanges). Experience of risk managing Exchange Traded Futures & Options.
• Understanding of pre-trade and post-trade risk controls and their applications.
• A strong quantitative background gained in education and/ or in a professional setting with some focus on commodities options pricing & hedging as well as exposure to risk management concepts, particularly VaR, Sensitivities & Stress Testing.
• A good understanding of financial markets including processes, controls and responsibilities, gained in a Brokerage or Banking institution.
• Ability to build and maintain effective working relationships across all areas of the firm and communicate effectively across all levels.
• Leadership & Managerial qualities.
• Strong Microsoft Office skills, high level VBA skills within Excel.

Salary: £85,000

Location: City of London