Senior Market Risk Manager – Banking Book recruitment
Key Responsibilities:
• The individual will be responsible for the daily control of Treasury’s Money Market Banking Book and GCT’s banking book operations (working closely with the Senior Fixed Income Market Risk Manager)
• Manage a small team of desk risk officers
• understand desk strategies, positions and risk drivers
• - proactively recommend and monitor the limits, understand the daily MTM PL and its relation with the VaR exposure, accrual PL and its relationship to Net Interest Income
• understand products and trading strategies
• identify and understand points of weakness, design and agree appropriate stress tests taking into account the trading horizon of the desks, particularly for those risks that only generate PL on close-out
• establish / develop very strong relationships with the relevant desks head and desk teams, gaining mutual respect through providing value-adding services
• understand and monitor the various basis risks the desk has, both contractual and implied
Leadership capabilities:
• Balances short-term long term goals, Manages ambiguity well, Is an astute risk taker, Can see things in new an innovative ways and Understands the business
• Adept at influencing and aligning colleagues to make things happen, Builds trusting and collaborative relationships, Knows self deeply and creates teams to complement own strengths
• Turns strategy into results, Measures, manages and delivers performance, Always delivers on promise
• Passionate about making a difference, Relentlessly seeks out and overcomes major challenges, Has real drive and determination, Continuously raises the bar and Is emotionally resilient