Macro Market Risk Manager, VP - Front Office - FX/Rates

  • Location

    London, England

  • Sector:

    Banking & Financial Services

  • Job type:

    Permanent

  • Salary:

    Negotiable

  • Contact:

    Phoebe Cheung

  • Contact email:

    phoebecheung@taylorroot.com

  • Job ref:

    PCH - Market Risk_1550852288

  • Published:

    3 months ago

  • Expiry date:

    2019-03-24

  • Consultant:

    #

My client, a top tier investment bank is currently looking for a Marco Market Risk Manager, VP to join their team based in London.

This role will be part of the Macro Market Risk Management team, the role will initially cover the trading desks under the FX business, though later also the Rates business.

Responsibilities:

  • Execute strong risk management for market risks: challenging the business as appropriate, whilst facilitating the business to grow in a scalable and controlled manner. Create and deploy metrics as required to monitor and control the business's risk.
  • Interact with key stakeholders / desk heads at a senior level, and covering for senior forums as required such as regulator meetings and senior management meetings.
  • Architect scenario stresses for market events to guard against sudden market volatility, as well as exposing the book's vulnerabilities.
  • Manage the risk appetite and limit setting process for the business, weighing up factors such as budgets, market liquidity, and growth in products and client base.
  • Ensure strong governance is instilled and followed by the juniors in the team.
  • Execute Stewardship across market risk processes, making both incremental as well as strategic improvements.
  • Mentor the more junior members of the team across London and Mumbai.

Requirements:

  • Very strong risk management experience across the whole FX asset class, both options and linear; G10 and EM.
  • Willingness to learn about the Rates asset class, whilst initially covering an FX business, with a view to transition to covering a Rates business.
  • Strong proficiency in Excel absolutely required.
  • Ability to propose, create, and deploy views and appropriate cuts of risks, including creation of new metrics or scenarios, in order to visualise and subsequently summarise risk for management.
  • Motivated self-starter, able to operate from day one with minimal supervision essential.
  • Require the ability to disentangle and unpick processes with a view to improving them.
  • Applied math knowledge, with an ability to understand and employ quantitative or statistical analysis.
  • Ability to develop and mentor juniors and offshore resources.

For more details, please send your CV to phoebecheung@taylorroot.com

Please note our advertisements use PQE/salary levels purely as a guide. However we are happy to consider applications from all candidates who are able to demonstrate the skills necessary to fulfil the role.