Senior Risk Manager recruitment
- Principal Responsibilities: Liaise with senior management of Product Groups as well as Relationship Management in order to establish the overall direction of the unit to support these two groups.
- Contribute to the overall direction of margining methodologies employed to cover the risks of each product group.
- Provide oversight regarding the identification and implementation of new margining methodologies and enhancements of existing methodologies by securing cross-functional commitment as well as member-firm commitment.
- Resolve problems with member firms regarding margining methodologies.
- Review and analyze information provided by the Financial Analytics Unit to establish appropriate margins and/or thresholds for participants/members.
- Transform a deep understanding of business lines into ERM and/or Product Management initiatives to improve efficiency and efficacy, as well as to serve as a subject matter expert.
- Coordinate with Quantitative Risk Management, Relationship Management and Product Management to ensure that any client impact resulting from changes to the existing risk management framework is carefully assessed, managed and communicated to members.
Experience:
- 8+ years of directly related experience.
- Considerable risk management experience, specifically exposure to various trading products, experience in market risk and product management preferably with an emphasis in the brokerage industry.
- Experience with front office, product control/finance, middle office and/or back office activities within Banking and Capital Markets.
- Managerial experience is a plus.
Knowledge and Skills Required:
- Superior knowledge of valuation and/or transaction processing of fixed income, commodity, equity and foreign exchange cash and derivative products.
- Experience with Bloomberg and Reuters a plus.
- Superior knowledge of risk measurement methods and disciplines including value at risk, economic capital, stress testing and model validations.
- Familiarity with Basel II requirements or Federal Reserve and The Office of the Comptroller of the Currency (OCC) examination standards a plus.
- Familiarity with credit risk management, risk rating systems, and/or regulatory capital desire
Please refer to Job#1096 and submit resume in Word format to: ian@comprehensiverecruiting.com
June 26, 2012
• Tags: Accounting & Finance careers in the USA, Senior Risk Manager recruitment • Posted in: Financial