Desk Risk Management
Nordea is looking for FX/Money Market/Commodities Desk Risk Manager to look at individual desk risk and strategy from a bottom up approach
Desk Risk Management
The Desk Risk Management team (DRM) is part of Group Market and Counterparty Credit Risk (GMCCR) within Nordea. The team looks at specific risks for individual lines of business and seeks to identify and monitor market risk related issues from a bottom-up approach. The team covers product lines from cash to vanilla options to complex risks and structured products.
Responsibilities
The (DRM) team are looking for a candidate to cover the Banks FX, MM or Commodities activities. You will need to understand desk strategy, positions and risk drivers by following and understanding the daily PL and its relation with Value-at-Risk and other risk metrics. In addition you will help design product specific stress tests, supporting the development of new products and new business initiatives and providing management with expert opinion of specific trading activities. Finally, you will have regular dialogues with the trading businesses with respect to risk appetite, risk limits and individual large and complex transactions.
Your Skills and Experience
The ideal candidate should have at least 3-7 years’ experience in the field of FX, MM or Commodities through a risk management or trading role. We expect you to have an advanced degree (PhD/MSc) in either physics/mathematics or finance with a strong mathematical component, from an internationally recognized institution. You need the ability to grasp new concepts quickly and form constructive professional relationships with a wide variety of colleagues especially on the trading floor control groups. Finally, it is expected that you have good IT skills (VBA, SQL) and some programming knowledge (e.g. MATLAB).
Please send your application with updated CV no later than 21. October 2013.
Group Market and Counterparty Credit Risk (GMCCR) is a division within Group Risk Management. Currently we employ approx. 50 professionals from several countries, all situated in Copenhagen, working in different fields of market risk management. Nordea is the leading bank in the Nordic region and one of the best performing banks in Europe with a strong capital base, a large diversified client portfolio and AA rating.
Leave a Reply
You must be logged in to post a comment.