Market Risk Regulatory Manager recruitment
A Top Tier investment bank has opened up an exciting opportunity as a Market Risk Regulatory Manager for a contract position with the potential to go permanent. You will support the Market Risk Management Department in managing communication with regulators, managing regulatory audits and coordinating the remediation of audit findings via the prescribed governance process. The role also involves running and participating with regulatory themes such as VaR and model validation. You will need great communication skills, a strong intellect, and great interpersonal skills and an excellent team player.
Key Responsibilities
- We are looking for a Market Risk Regulatory Manager to support the Market Risk Management Department in managing communication with regulators, managing regulatory audits and coordinating the remediation of audit findings via the prescribed governance process.
- The role also involves running and participating in project workstreams with regulatory themes such as VaR and model validation.
- Coordinating all audit remediation efforts for findings within the responsibility of Market Risk Management and ensuring the internal bank's governance process is enforced
- Providing appropriate audit findings status reporting and presentations to senior management
- Coordinating responses for ad hoc information requests from regulators
- Managing the regulatory process across Market Risk Management and in cooperation with other impacted departments and divisions as required
- Running and participating in project workstreams relating to Regulatory Market Risk
Skills Required
- A degree, preferably in a mathematical discipline or equivalent
- Solid working experience at an international bank, consultancy, audit company, or law firm
- Track record of project management delivery and market risk subject matter expertise
- Basic knowledge of banks' trading business, familiarity with the main cash and derivative products, and their risk characteristics
- Understanding of VaR and back testing concepts
- Familiarity with statistical market risk models and concepts, in particular Value-at-Risk, Economic Capital, and Stress Testing experience
- Familiarity with International Regulation (current and proposed) and its impact on Market Risk Management
- Experience of working with banking supervisory authorities
- Preferred Work experience: Consultancy, Project Manager, Financial Sector Accountancy, Market Risk Manager/ Trader at an international investment bank
To apply for this Market Risk Regulatory Manager position you must have the experience as outlined above and be a hands-on, organised self starter with strong interpersonal skills and tenacity. You should also posses excellent oral written communication skills along with a thorough approach to analysis.
