Market Risk Expert

Our client is a prominent consulting firm, and we are currently seeking a market risk specialist with 6 to 10 years of experience to join our client's teams in the Kingdom of Saudi Arabia (KSA), Qatar, and Bahrain.

This role is an exceptional opportunity for individuals passionate about financial risk management, particularly within market risk exposure across various asset classes. The successful candidate will play a pivotal role in analysing financial instruments, calculating risk metrics, and ensuring compliance with financial regulations, contributing significantly to our risk management strategies and operations.

This is initially a 6 month contractual role with a high probability of being extended or converted to a permanent role.

Responsibilities:

- Market Risk Exposure Assessment: Conduct assessments of market risk exposure across equities, fixed income, derivatives, and currencies.

- Risk Analysis and Measurement: Utilize various risk metrics, including Value-at-Risk (VaR), to measure and report on market risk. Prepare comprehensive risk reports for senior management and regulatory authorities.

- Risk Model Validation and Review: Validate and review risk models for market risk measurement and stress testing to ensure accuracy and reliability.

- Stress Testing: Perform stress tests to evaluate the resilience of portfolios and trading positions under extreme market conditions.

- Regulatory Compliance: Stay informed about financial regulations related to market risk, including FRTB, CVA, and SIMM, and ensure all practices comply with these standards.

Areas of Expertise & Skills:

- Experience: At least 5 years in market risk management, with expertise in valuation, FRTB, CVA, PFE, and SACCR.

- Knowledge: A deep understanding of regulatory frameworks and principles of market risk management, financial markets, instruments, and trading strategies.

- Skills: excellent communication abilities, strong quantitative and analytical skills, and the capacity to convey complex information clearly and effectively.

Qualifications

Education: A Master's degree in Finance, Economics, Mathematics, or a related field.

Certifications: Professional certifications such as FRM (Financial Risk Manager) or CFA (Chartered Financial Analyst) will enhance the candidature.

This role offers a unique opportunity to apply and expand your expertise in market risk management in a dynamic and challenging environment. You will be part of a team dedicated to maintaining the financial health and stability of our operations, leveraging your skills to make informed decisions and strategies. If you are a motivated individual with a strong background in market risk and a desire to take on a critical role within our clients organisation, we would like to hear from you.