Market & Liquidity Risk Manager recruitment

Role Requirements

The successful candidate will be responsible for helping to control and monitor all non-traded market risk within the Business banking Balance Sheet. They will be responsible for developing strategies to control and mitigate these risks and supporting the development of new products. He or she will also be responsible for several elements of Liquidity Risk within the business including enhancing methodologies, implementing an enhanced Funds Transfer Pricing (FTP) mechanism and playing a crucial part in the Liquidity Stress Testing processes.

Candidate Requirements

• Extremely strong analytical skills

• Detailed knowledge of the typical range of retail and corporate products and services offered by a major bank and the inherent risks

• Knowledge of the principles behind transfer pricing and stress testing

• Understanding of the methodologies for modelling the behavioural profile / life of different types of products.

• Knowledge of implementing / performing a stress testing process.

• Understanding of UK Retail and Business Banking’s objectives, operating structures and interfaces

• Understanding of mechanisms for quantifying and hedging direct and indirect non-traded market risks and of opportunities to drive innovative new product and strategy development within UK Retail and Business Banking

• Knowledge of the development and application of market risk management models and measures, such as value at risk, earnings at risk, economic capital etc.

• Knowledge of derivatives and structured products (including swaps and options), their pricing and their use in market risk management

• Knowledge of key regulations and how they apply to market risk and liquidity risk – FSA CP08/22, Basel 2, Sarbanes-Oxley, IAS 39/32/18, Turnbull, UK GAAP

• Experience with using / building Balance Sheet models e.g. QRM or Sungard Convergence.

If you think you meet the above criteria please send your CV to allister.richardson@hudson.com apply now or call 020 7187 6048 to discuss.