A leading American investment bank in London require a lead figure in their risk business to become a key decision maker for asset management division recruitment
A leading American investment bank in London require a lead figure in their risk business to become a key decision maker for the European asset management division
This newly created position has come about from the groups impressive development over the past 18 months and the banks commitment to expanding this area of the business in London. The successful candidate will become a key decision maker within risk and be responsible for deciding and implementing European strategy alongside other senior managers.
Reporting directly to the head of risk, operating within a wider team operating within a wider team of more than 50 you will be responsible for the day to day risk management of newly developed products.
The market risk manager will have the following responsibilities:
- Work with the Front Office, Credit, Finance, Valuation Policy group, Quantitative Research, Model Review Group, Finance and Middle Office as lead contact for all risk management issues
- Responsibility for setting Market Risk Limits framework
- Responsibility for defining best practice VaR and stress scenario methodology and analytics and fulfil a lead role in multi-year technology spend to upgrade market risk technology
- Highlight concentrated or concerning risk positions and work with Desk Heads and Business Head to ensure appropriate reporting, transparency and management
- Pro-active risk management of portfolio
- Assist in review and implementation of new product initiatives
The successful candidate is likely to have the following background and skill set:
- Quantitative and/or Economics degree
- Quantitative aspects (e.g. understanding of product modelling/valuations) and market practices.
- Full understanding of VaR and stress testing
- Experience in a Market Risk covering fixed income businesses.
- Highly self motivated.
- Pragmatic, delivery oriented attitude.
- Good team player with strong communication and interpersonal skills.
If you would like to apply for this position please send your resume to risk@selbyjennings.com