Risk - Frontier Fx and Rates Trading - Market Risk - London, United Kingdom - eFinancialCareers

eFinancialCareers

Verified Company

London, United Kingdom

3 weeks ago

Posted by:

Tom O´Connor

beBee Recruiter

Description

The role will be part of the Rates and Currencies Market Risk team within the Market Risk Management group, which is responsible for the oversight of these businesses.

This role is for a risk manager, located in Canary Wharf, and will be focused on managingthe market risks associated with Frontier Market FX & Rates Trading business.

Responsibilities:

Work with existing team members to be accountable for the identification and evaluation of market risks generated by the Global FX business (with a focus on Frontier Market). Identification of 'top risks' and outlier stress events, performing adhoc scenarios.
Communication with trading desks, challenging assumptions and risk taking as appropriate as well as collegiately working towards solutions for improved risk management.
Working to ensure that the reported risks are correct and cover the main drivers of risk and potential P&L; identification and resolution of any data issues.
Ensuring limits are properly set and monitored accurately. Contribute to the development or production of metrics used to satisfy regulatory requirements and stress testing processes.
Periodic preparation of presentation materials for senior management or for internal discussions. Ability to speak as needed on market events.
Review and validate assumptions in risk models used by underlying business unit(s) and analyse the impact of model changes.
Work closely with Financial Control, Price Verification and the Model Validation groups within the organization to ensure that the proper controls are in place.
Help with reviews of new business proposals including risk limits setting and monitoring and ensuring risks can be fully captured within the firm's systems.
Contribute to the resolution of regulatory tasks and MRAs.
Help to monitor and establish controls around legal entity level risks.

Qualifications:

Relevant experience in the FX and/or Rates markets with good knowledge of the markets, products and risk.
Good quantitative level of experience with trading products pricing and risk.
Experience with portfolio risk measurement techniques including VAR and stress testing.
Strong relationship management and liaison with business people of all levels while being willing and able to challenge as needed, particularly the front office.
Dedication to information integrity and to producing high quality and insightful output required.
Good presentation and communication skills both in writing and verbal.
Good experience and facility with Excel including VBA and addin functions, ideally with experience of using financial pricing functions. Knowledge of data management and/or Business Intelligence tools is not required, but useful.

Knowledge of data tools like Python, Power BI, Tableau is a plus

Education:

Bachelor's/University degree, Master's degree preferred

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Job Family Group:

Risk Management

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Job Family:

Market Risk

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Time Type:

Full time

Citi is an equal opportunity and affirmative action employer.

Qualified applicants will receive consideration without regard to their race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran.

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