Risk Platforms – Manager recruitment
Risk Platforms - Manager - London
You will be working within the Wholesale and International Credit which is a Risk department within Wholesale Risk that spans across Commercial Banking, Corporate Banking, Treasury Trading, International and Wholesale Markets. The Wholesale and International Risk Platform team is tasked with developing and managing an optimised risk platform with integrated MI functionality and appropriate control workflows to enable effective risk management.
As the Risk Platform Manager you will be expected to work as part of the Risk Platform management team and liaise with project teams to co-ordinate risk requirements across Wholesale and International risk; the role will carry specific responsibility over Market and Credit Risk infrastructure in Wholesale Banking and Markets
Key Responsibilities
The role involves representing risk at different Wholesale Banking and Markets programme contributing to the wider development of Credit and Market Risk Infrastructure.
To perform analysis and write business requirements, test plans, test exit criteria and measure the impact on Risk systems which incorporates Reference Point, Adaptiv 360, Adaptiv Analytics, Murex Limits Controller, internal VaR engine and Summit analytics in respect to transaction and market data integration plans.
To liaise closely with stakeholders within Corporate Markets Risk, Risk Methodologies, Front Office, Market Risk, Risk IT and 3rd party software vendors to support business growth and integration plans for WBM, clearly documenting and communicating integration plans and requirements to senior managers in Risk Infrastructure.
Attend project work stream Working Groups on behalf of Risk Platforms. Manage UAT and regression test cycles for projects, software upgrades etc. This will involve liaising across functional areas and working closely with software vendors and internal Risk IT development teams, tracking issues and escalating to senior management in both Risk infrastructure and across functional teams as required.
Responsibility for documentation of test results and process/procedural documentation to enable effective handover to Risk Control Monitoring, Risk Data Utility and Risk Reporting MI teams and ensure compliance with internal audit and SarbanesOxley requirements.
Experience Required
At least a 2.1 degree, preferably in a mathematical discipline.
Experience of performing business analysis and project management on cross-functional projects involving investment banking products.
A minimum of 5 years' experience in banking, 2 years in wholesale banking products, with preference to credit risk analytics.
Experience of Summit, Murex, Martini, Murex-MLC or Sungard-Adaptiv advantageous.
Advanced in Excel Access, a good understanding of interfaces and programming.
Skills Knowledge Areas (to be explored at interview)
Strong knowledge of Market and Credit Risk of OTC derivative products, Foreign Exchange, Fixed Income and Money Market instruments
Proven knowledge of pricing and an appreciation of risk sensitivities, VaR and Credit risk calculations.
Self/Work Organisation skills.
Excellent Oral Written Communication skills.
Analysis and vendor management skills would be advantageous.