Market Risk Oversight -Associate Director

The Market Risk London team is responsible for monitoring, analysing, and reporting on market risk exposure stemming from the European trading activity within in the Investment and Corporate Bank.

Hiring a Market Risk Oversight -Associate Director.

Client Details

Corporate and Investment Banking client , based in London, looking to hire a Market Risk Oversight -Associate Director.

Description

The Market Risk Oversight Associate Director will

• Perform risk oversight on Treasury, Corporate Finance and traded Markets desks.
• Provide independent review and challenge of business activities.
• Provide advice and guidance to Markets, Treasury and Corporate Finance.
• Review new products/activities ensuring market and liquidity risk requirements are met.
• Assess Market Risk Limit requests, supporting or not in line with NAB risk appetite.
• Support Market and Balance Sheet and Liquidity Risk policies.
• Undertake Market Risk and Liquidity Risk reporting.
• Processing of Key Risk Indicators triggered.
• Annual Desk Reviews.
• Contribution towards projects involving IRRBB and FXRBB risk management.
• Maintain close and effective working relationships with business units and risk teams.
• A keen interest in financial markets, geopolitical trends, economic policy, and impacts will allow for further success in the role.
• Articulate and control risk appetite, provide value-adding insight and oversight and challenge business activities, saying no when such a decision is warranted.
• Maintaining the independence of the Market Risk function and ensuring the "Risk Management Accountability Model" discipline is adhered to.
• Keeping abreast of regulatory, market and business specific developments and maintaining a contemporary understanding of best practice in risk management.
• Deep dive review and insight into specific desk position or market moves. analysis of exposures, explaining positions and movements in market risk and liquidity risk metrics.
• Monitor trading activity throughout the day reviewing the impact on positions against limits and to look for any unusual activity.
• Analyse data, solve problems, resolve queries, provide regular and ad-hoc reporting requests, resolve data integrity issues, process breaches, calibrate limits, provide detailed insights and produce the banks liquidity reporting including regulatory reporting if necessary.

Profile

A successful Market Risk Oversight Associate Director should have:

• Degree and/or post-graduate qualification in a relevant subject, e.g. finance, accounting, economics.
• While not required, risk qualification, PRM (PRMIA) or FRM (GARP) would be beneficial.
• Significant experience of market risk and liquidity risk management in a financial services environment (minimum 5 years).
• High-level of understanding of key global market risk and liquidity risk regulations applied to the financial services industry.
• Good knowledge and understanding of market risk and liquidity practices and of general risk management principles.
• Working knowledge of key wholesale markets products, particularly bonds, repo, loans, and interest rate derivatives.
• Demonstrated capability for identification, assessment, and evaluation of risk.
• Strong Excel skills, including working knowledge of VBA.
• Coding skills and/or electronic and Algorithmic trading knowledge would be beneficial.

Job Offer

• A competitive salary ranging from £90,000-£100,000
• Target bonus circa 20% discretionary
• Comprehensive benefits package including pension contributions and other perks.
• Hybrid working

If you're ready to take on this challenging and rewarding role in market risk oversight, we encourage you to apply today!