Market Risk Manager FX / Rates recruitment
Responsibilities
Initial Margin
* Ensure understanding of the detailed calculations; including the assumptions inherent within the margin algorithm.
* Ensure adequacy of algorithms is tested in line with policy.
Valuation
* Ensure understanding of the detailed calculations; including the assumptions inherent within the curve building methodologies.
* Ensure that valuation policies and procedures are reviewed against market best practice
* Manage any development of algorithms to ensure that risk management practice remains within policy.
Stress-testing
* Maintain product specific stress-testing scenarios.
Market Monitoring
* Ensure that regular reporting is produced to identify exceptional positions;
Required skills and experience
Must have:
Strong conceptual and practical knowledge of risk management in FX and/or interest rate products
* Degree qualified/risk professional
* Specific knowledge of FX and/or interest rate products.
* Logical approach to addressing issues and problem solving.
* Effective communication skills
Empiric Solutions were established in 2005 and are one of the foremost providers of niche and specialist recruitment services within IT, Finance and Industry and Commerce globally. In December 2010, we became a Virgin Fast Track 100 company for the second consecutive year (3rd Fastest Growing company 2009).