Head of Market Risk recruitment

An exciting opportunity has arisen for a Head of Market Risk Manager for a leading multi-national brokerage firm.  This role is an exciting opportunity for an aspiring head of Market Risk manager; based in London, the successful candidate will oversee the day-to-day UK functions of the portfolio analysis and market risk teams.

The main duties will include:

• Risk Monitoring

• Market Risk Process Management

• Account Control

• Man Management

As the Head of Market Risk you will be responsible for the daily monitoring of counterparty, market and liquidity risk for in-house and relevant counterparties. You will have ownership of conducting portfolio analysis for new clients and current clients when new products are introduced.

You will be responsible for any enhancement or development in risk procedures and systems and ensure that all risk processes adhere to the company-wide service level agreement (SLA), this includes risk management, I.T. and regulatory based matters.  You will manage the preparation of MI and reporting pack.

You will liaise and coordinate with other key functions including Front Office, Back office, IT and Operational Risk to capture positions, ensuring that risks are measured and recorded.

You will manage a team of 6 staff.    

To be successful in this role you must have the following relevant skills and experience:

• Market and credit risk experience with a focus on listed and OTC derivatives including:

o   Futures and Options

o   Treasury

o   OTC Cash

o   FX

o   SWAPS

o   Fixed Income

o   Equities

o   Credit

o   Cash Management

• A strong understanding of Market and Counterparty risk theories and standards, with the ability to apply them to business requests

• Knowledge of option pricing, sensitivities and market risk measure (VAR, stress testing, etc…)

• Strong knowledge of pre trade systems and post trade risk controls

• Excellent experience in project management and man management

If interested please don’t hesitate to contact me on 0207 9362601 or email me on jc@barclaysimpson.com.