Global Markets Risk Manager recruitment
Director; Global Markets Risk Senior Manager
Job Description:
Responsible for all governance and reporting related issues within an investment banking group. Primary interface with Senior Management, risk managers and other support groups (eg Legal, Compliance, Internal Audit). Champions projects and technology initiatives to ensure compliance with all policies and regulatory requirements.
Responsible for authoring the market risk section of the quarterly and yearly SEC financial disclosures (10-Q and 10-K) as well as preparing metrics and talking points.
Analyze and comment on changes in the Firm’s VaR on a daily basis. Works closely with the Enterprise Capital Team to address any questions/ issues related to RWA.
General Description:
Responsible for the local and/or global management and direction of market risk management functions within a Product Area or several Product Areas (Credit, Equities, Rates, Mortgages, Commodities and Derivatives etc). In conjunction with the GMR Executive, establishes market risk management policies, procedures and standards. Additional responsibilities include analysis of model risk, the implementation of the New/Complex Product Approval Process, limit approval authority, analyzing reporting of market risk. The GMR Senior Manager will primarily interface with Senior Traders and Business Heads/Marketing Managers and the managers of other risk and support groups (i.e. Compliance, Finance, Operations, etc). Incumbents typically have over ten years of experience in market risk management or trading. Product knowledge and trading or quantitative skills are necessary.
Required Skills:
- Experience in a related risk function
- Good knowledge of risk systems and methodologies
- Excel/VBA/SQL proficiency – be able to write and trouble shoot VBA macros; create and work with large datasets in databases
- Exhibit strong verbal and written communication skills
- Successful candidate is highly motivated, team focused, and eager to learn.
Desired Skills:
- Masters (or higher) degree in a quantitative discipline required.
Minimum 4 years experience in capital markets environment