Market Risk VP-SVP – Global Trading House recruitment
Based in London you will lead the team responsible for overseeing risk controlling within the specific BU. The role will report directly to the CFO and also indirectly to the Head of Market Risk.
KEY RESPONSIBILITIES
Establish and maintain effective Risk controlling including.
- Assessment and updating of existing risk systems, reporting and processes.
- Maintenance of new and consistent market risk management procedures.
- Reporting of daily Risk, Positions and PL.
- Strategy/convention control and analysis.
- Exception reporting/control on changes/deletions on existing trades.
- Price validation/discovery processes.
- Introduction and reporting of EVA/RAROC.
- Introduction of concentration limits.
- Introduction of liquidity reserves, contract specific reserves, model reserves etc.
- Additional ad hoc investigations/projects to ensure adequate management and calculation of Market Risk within the BU.
- Realised income reconciliation with Finance.
Monitoring, maintaining and managing an appropriate Market Risk Exposure within the BU.
- Regular review of limits to ensure that they match the risk profile of the business.
- Review of new trading strategies and/or structured transactions on request.
- Flag issues of non-compliance to the BU CFO, the Head of Market Risk, the Head of Group Risk and the BU MD.
- Preparation and submission of the Risk reports required by the BU Risk. Committee (Market Risk section) Senior Management and the Board.
QUALIFICATIONS/EXPERIENCE
The ideal applicant will have at least 6 years experience within a commodities house, energy company, Bank or Hedge Fund, active in physical commodity trading, including at least 4 years within a Risk Department working on Market Risks.
If you feel you have the necessary qualities for this high profile role, apply now for immediate consideration.
For more Details, please visit our Website – www.hamlynwilliams.com and for further information send any queries to info@hamlynwilliams.com
Hamlyn Williams is an Executive Recruitment consultancy that specialises in placing Risk Information Security professionals globally:- offering Retained, Contingency and Interim/Contract recruitment solutions for the Financial Professional Services.