A globally renowned investment bank are seeking to add to their senior management team with a front office, commercially focussed market risk manager. recruitment
A globally renowned investment bank are seeking to add to their senior management team with a front office, commercially focussed market risk manager.
A top tier investment bank are looking for a senior manager to help develop the fixed income desk through 2012 and beyond. Reporting directly to the head of risk, you and other senior managers will play an important role in how the desk performs in the coming year.
The onus will be on maintaining the desks high performance through constant scrutiny of current processes and increasing the interaction with front office on a daily basis. The bank are looking to build a closer working relationship with the traders meaning the successful candidate will spend a significant amount of their time sat on the trading desk.
The market risk manager will have the following responsibilities:
• Good knowledge on market risk management concepts, methodologies and frameworks acquired through a role/s in product control, market risk or related areas
• Implement change on process to ensure maintained high performance
• Knowledge in Specific Risk VaR and Incremental Risk Charge
• Develop risk strategy and increase the synergy between risk and trading
• Experience in developing historical and scenario stress tests for illiquid asset class
• Perform VaR backtesting and documentation
• Assess market risk and issuer limits
To be successful in this role you will more than likely have the following skills:
• Detailed understanding of VaR
• Degree holder. MFE, CFA or FRM would be advantageous
• Proficiency in Microsoft Excel and VBA
• Comfortable leading a team and assisting in developing junior members
• Excellent communication skills.
Please send all applications to risk@selbyjennings.com