Enterprise Risk Manager – Markets recruitment

The Enterprise Risk Manager contributes to the development of the ERM framework and is in charge of the day to day management of the ERM framework. You will work in coordination with the Group Head of Operational Risk ERM and with the risk owners in order to provide a reliable picture of the risk profile of the Group and of the Business lines.

Main responsibilities:

• Manage the Enterprise Risk Management Framework to support the Group objective of being a world class risk management firm:

• Ensure the effective coordination with the risk owners and or their representatives.

• Ensure the ERM Committee secretary.

• Contribute to the maintenance and improvement of the ERM framework.

• Monitor the company activity and link it to ERM:

• Ensure major changes (new product, new activity, new services, projects, audit reviews, control issues and exceptions, risk acceptance...) are analysed and embedded in the risk profile and risks’ assessment.

• Verify the compliance of the residual risk level with the Group Board Risk Tolerance (2nd level of Control).

• Monitor risk reduction action and risk acceptances.

• Raise an alert in case of significant risk increase and or Board’s tolerance breaches.

• Ensure regular communication on ERM to increase the firm’s risk awareness and to facilitate the implementation and utilisation of the framework at the Business line / Corporate Function levels.

• Produce enterprise risk reports in coordination with the risk type owners:

• ERM dashboard (including risk acceptances and risk tolerance breaches).

• Group Board Risk Tolerance Statement.

• Group ICAAP Report.

• Produce, for the ICAAP, quantitative risk measurement to challenge the risk measurement implemented or assess gap identified in the analysis / challenge phase.

• Contribute to the ERM process automation.

Candidate requirements:

• Strong risk management and control experience in financial services.]

• ERM frameworks knowledge is a plus.

• Good understanding of financial products: Equities, Bonds, Repos, Listed Derivatives, Swap, Commodities, FX

• Good knowledge of ICAAP

• Some quantitative / mathematical skills are desirable

• Candidates from a risk consulting background are desirable.