Vice President Latin American Market Risk
- Work with each trading desk to ensure that all relevant market risk factors are properly identified and formally captured in official risk systems
- Develop and maintain an appropriate independent market risk limits framework with applicable limits and triggers
- Independently monitor business compliance with the firm’s market risk-related policies
- Review and approve new transactions, providing transactional support and guidance on risk issues during product development, in particular for transactions with potential reputation and franchise risks
- Oversee risk exposure measurement and limit monitoring processes to ensure integrity and appropriate independence of reporting
- Actively participate in the development of business-level stress testing that properly considers risk concentrations by single issuer, risk rating, sector/industry and geography; review results and determine appropriate follow-up actions
- Improve the transparency of key trading risk exposures to senior business and the firm's Risk management
- Frequently interact with Product Control on issues relating to pricing, independent price verification and market value adjustments
- Actively participate in the ongoing development, implementation and upgrade of risk systems
- Assess the validity of market-related assumptions inherent in models used for official valuation and/or market risk measurement purposes
Job Background/context:
Trading of credit risk across the fimr is a major, core business of the firm. This role plays a technical and yet very practical role in helping the firm to determine the financial resources that it allocates to these trading activities. The successful candidate will need have prior credit or emerging market product and technical background, and need to be able to develop a thorough understanding of the market, new products and in-depth knowledge of the local markets in which they are traded, as well as demonstrate an ability to analyse the risk/reward characteristics at both the transaction and portfolio levels.
Candidate should be a self starter, analytical inclined, proficient and extremely comfortable in Excel and other related systems, be able to generate analysis in using system independently and with help of risk reporting team, be able to solve complex problem in a consistent as well as pragmatic way. Be able to assess real time risk associated complex transactions.
Knowledge/Experience:
- In-depth understanding of markets and market characteristics, such as pricing, market liquidity and market volatility, across a broad range of financial instruments
- Prior experience in either a risk management or related role is a plus
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