Market Risk

Key Responsibilities:

Product Experience: Equities.

As a dedicated risk manager for the business areas, candidates will be responsible for managing the following:

- Liaising with the risk managers in the trading centers on a daily basis to help manage their market exposure, set & review risk strategies.

- Daily analysis and interpretation of the results of risk sensitivities and stress tests.

- Daily calculation of VaR and Economic Capital numbers

- Preparation of risk reports for traders and senior business management (including the COO, CFO and Front office Business Line Heads).

- Monitoring of risk limits and resolution of limit excesses. Liaising with the risk managers in the trading centers and heads of business units regarding potential limit increases; preparation of reports and escalation to senior management.

- Recommendation and creation of risk limits (working with the Head of Market Risk and Trading Heads).

- Participation in the approval process for non-standard deals and new products. Providing recommendations and/or caveats to approvals.

- Ad-hoc risk views and drill down analysis of less transparent risks.

- Developing the profile and role of Market Risk as a partner with the business areas and other internal risk and control functions, maintaining relationships in order to assist in the overall management of the firm’s risk

- Re-engineer the risk reporting process

In order to deliver this effectively Risk Managers will be required to:

- Monitor the P&L and risk in their own and wider business areas, to ensure appropriate understanding of the Groups risk portfolio

- Monitor & understand the external market and product development within their own and wider business areas

- Share knowledge within the wider Risk group and participate proactively in product, market & risk discussions

Write to twinkle@ikyaglobal.com