Market Risk Leader
hace 2 días
Job Description:
The Market Risk Manager provides full leadership and supervisory responsibility. This role requires operational/service leadership and direction to team(s). The incumbent applies in-depth disciplinary knowledge through provision of value-added perspectives or advisory services. They may contribute to the development of new techniques, models and plans within area of expertise. Strong communication and diplomacy skills are required. The role has responsibility for volume, quality, timeliness of end results and shared responsibility for planning and budgets. Work affects an entire area, which eventually affects the overall performance and effectiveness of the sub-function/job family. The incumbent is responsible for measuring, monitoring and analyzing the organization's market risk exposure on a day-to-day and long-term basis for various financial products.
Responsibilities:
- Work with trading desk to ensure that all relevant market risk factors are properly identified and formally captured in official risk systems
- Collect and aggregate data from multiple industry specific sources
- Facilitate analysis and meaningful reporting of the data
- Work with senior risk managers in market specific compliance programs
- Develop and maintain an appropriate autonomous market risk limits framework with applicable limits and triggers
- Autonomously monitor business compliance with the firm's market risk-related policies
- Assist in product specific risk reporting and limit monitoring
- Oversee risk exposure measurement and limit monitoring processes to ensure integrity and appropriate independence of reporting
- Participate in the development of business-level stress testing that properly considers risk concentrations by single issuer, risk rating, sector/industry and geography; review results and assess appropriate follow-up actions
- Participate in the ongoing development, implementation and upgrade of risk systems
Qualifications:
5-8 years relevant experience, degree in a quantitative or financial discipline
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