VP – Exotic Rates MO/Risk and PnL– Tier 1 Bank recruitment

A Tier 1 Investment Bank is looking to hire a senior VP to act as 2nd in command to the Head of the Rates Exotics Risk and PnL Group. My Client’s Rates Exotics Hybrids business has been consistently ranked in the Top 3 by its peers and competitors. The business can be divided into the following sub-desks:

- European Flow Rates Options
- FX Hybrid
- Multi-Asset Hybrid
- Inflation

In this role it will be your main responsibility to act as 2nd in command to the Head of the Rates Exotics Risk and PnL Group. You will also be responsible for providing guidance to the team in resolving daily risk and PnL Production issues. You will face off to senior management in the group and relevant business partners (described below) and to generate an independent set of Risk and PnL outputs for a given set of portfolios in a controlled framework, with appropriate communication and escalation of issues as they arise.

You will have:
- Proven banking experience within a Rates Exotics Product Control Environment.
- An understanding of all the key components of the products they have had exposure to, including an appreciation of the risk payoffs of interest rate derivatives and how these interrelate within a Risk-based PnL attribution framework.
- Strong knowledge of Rates Derivatives (both vanilla and exotics) is required. - Ability to work on multiple projects at the same time and multi task effectively.
- Experience at managing a group of 5-7 PnL controllers.