Front office market risk manager needed for exotic interest rates and hybrids desk for leading US investment bank-Sing recruitment

A leading IB in Singapore is looking to add a market risk manager to its rates exotics business. The manager will be sat on the trading desk managing all risk issues relating to the trades the desk makes. The manager will partner with the Front Office and other Market Risk coverage groups to develop new tools and metrics to improve the desks efficiency and PnL.

The market risk manager will have the following responsibilities:

• Coverage of industry-leading Rates Exotics Hybrids business

• 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

• Track current market environment against core risks to ensure PL surprises are avoided

The successful candidate is likely to have the following background and skill set:

• Strong analytical quantitative skills with appropriate Mathematical background

• Clear oral and written communication in English

• Experienced risk manager in a top tier Market Risk group or trading team

• Experience of managing people, setting objectives and ensuring the team delivers quality product

• Knowledge of Rates Exotics and hybrids

Please send all applications to risk@selbyjennings.com