Enterprise Risk Assistant Director recruitment
Responsible for ensuring that all market risk in European businesses are monitored and reported. Process improvement of the VaR and Stress Testing methodologies across the Front Office are key responsiblities of the prospective individual.
* Coordinating London additions to Global Risk Reporting
* Updating and validating market stress tests
* Prepare reports to Risk Committees and Board of Directors - statistics and interpretation.
* Ensure that risk profile is fully understood with respect to risk metrics such as book size, risk sensitivities, Value at Risk, and Stress Testing.
* Review daily pl's - actual and theoretic - validate against known market risk profile and value at risk (backtesting)
* Pro-actively seek to improve process efficiencies, primarily within Enterprise Risk Management.
* Ensure that enterprise risk captures the impact of new business initiatives appropriately.
* ICAAP deliverables for Market Risk
* Ensuring Limits are consistent with Risk Appetite.
* Promote methodolgies for Market Risk Economic Capital and Stress Testing.
* Lead by example and develop the London Enterprise Market Risk team.
* Promote an enviroment of continuous learning and identify training and development needs for Enteprise Market Risk team.
* Annual Review of European Business Centres (incl EL and London Branch) VaR, Stress, Cum loss limits.
* Continuous involvement in Risk IT led infrastucture development, including development of Enterprise Risk systems.
* Ensure enterprise risk methodologies are incorporated and communicated to appropriate stakeholders within London, if assessed as appropriate.
* Ad-hoc projects
Required
* Quantitative and/or Economics degree
* Good understanding of fixed income products and markets -quantitative aspects and market practices
* Full understanding of value at risk and stress testing
- Proven experience in a line Market Risk role and experience with Interest Rate products
* Strong IT skills
Tier 1 Investment Bank
If you would like to apply for the role of Enterprise Risk Assistant Director or find out more, please apply online or contact Charles Le Versha at Robert Walters on Charles.LeVersha@robertwalters.com or call +44(0) 207509 8791 quoting the reference 1695340.
