Market Risk Manager - Firm Data Submission Framework - Investment Bank

We are looking for candidates with 1 to 5 years of experience in Market Risk, VaR, Stressed VaR, RNIV (Risk not in VaR), Stress Scenarios, Stress Testing, Back Testing.

Overview of a Function:

Market Risk Management works to identify, monitor and control the firm's exposure to risk, analyze stress test results, and provide analysis on new products and businesses. Market Risk managers liaise with the risk managers in the trading centers on a daily basis to help manage their market exposure, set & review risk strategies. Major activities involve daily analysis and interpretation of the results of risk sensitivities; validation of VaR, Incremental Risk Change, Economic Capital numbers and sign-off on the relevant Risk systems & preparation of risk reports for traders and senior business management. Risk managers are also expected to re-engineer the risk reporting process and provide ad-hoc risk views and drill down analysis of less transparent risks and issues of importance to senior Risk Management/Trading Heads.

Job Description:

- As a dedicated Risk Expert for the Rates & Spread Products business areas candidate will be responsible for managing the following

- Liaising with the risk managers in the trading centres 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

- Preparation of risk reports for traders and senior business management

- Monitoring and administration of risk limits and resolution of limit excesses

- Preparation of reports and escalation to senior management

- Ad-hoc risk views and drill down analysis of less transparent risks and issues of importance to senior

- Risk Management/Trading Heads

- Re-engineer the risk reporting process including interactions with Risk and front Office technology personnel to drive improvements

Key Skills:

- Masters(MBA preferred) with strong technology skills in VBA/Excel

- Fluent in English

- Strong communication skills

- Ability to take initiatives, challenge practitioners

- Genuine interest in Finance and Fixed Income market in particular