Market Risk Manager Fx - London, United Kingdom - eFinancialCareers

eFinancialCareers

Verified Company

London, United Kingdom

3 weeks ago

Posted by:

Tom O´Connor

beBee Recruiter

Description

Job title:
Market Risk Manager (FX & EM) - Vice President

Department:
Risk Management

Location:
London

Company overview

Department overview:

The Market Risk team is responsible for providing independent oversight of the firm's trading activities based on quantitative and qualitative analysis of all material positions and the current market environment.

These findings are reported to key stakeholderswithin the firm.

The role involves a diverse range of risk management responsibilities and provides exposure to the trading desks, other risk teams, finance, and senior management.

Role description:

This is for a experienced position covering G10 FX and Emerging Markets (rates and FX) within the EMEA Risk Management team, which involves the following responsibilities, amongst others:

Daily aggregation, validation, and monitoring of risk. Regular reporting of risk positions, limit breaches, and stress testing results for firm management and regulatory compliance.
Identification and investigation of changes to risk profile, including analysis of VaR and stress drivers. Communication of findings to management.
Working with the front office to understand and address breaches as necessary.
Reviewing new transaction requests, identifying and assessing the key risk issues, including capital impacts.
Developing a good understanding of risk systems and help to drive improvements where necessary.
Ad hoc riskrelated projects and infrastructure building.
Keeping abreast of relevant market events and drivers.

Key objectives critical to success:

Diligence/attention to detail and strong analytical skills to recognize/investigate significant changes in risk
Strong communication skills to make management aware of said changes and new positions as they arise.
Good prioritization skills and a strong work ethic to see each task assigned done thoroughly and correctly.

Skills, experience, qualifications and knowledge required:
Essential

Master's degree in Applied Mathematics, Financial Mathematics, or related quantitative field, or the equivalent work experience
Familiarity with FX products and markets, and related portfolio risk profiles, including understanding of Greeks and impact on VaR.
Strong communication skills
At least 5 years' experience in a risk or control related function in financial services institution.
Detailed and process orientated.
Takes initiative and is proactive.

Nomura competencies

Culture & Conduct

Makes significant culture contribution
Sets diverse / inclusive work environment
Demonstrates high professional integrity
Actively participates in development opportunities
Actively leverages strengths and addresses weaknesses

Client-Centricity & Business Acumen

Expert in own business area, understands its market
Generates commercial ideas to benefit clients
Identifies and articulates core issues
Assimilates and articulates complex information
Develops workable recommendations

Strategy & Innovation

Translates divisional and firmwide strategies into plans
Contributes innovative / entrepreneurial ideas
Builds on others' insights and turns ideas into reality
Knows when to decide / when to escalate
Recognizes and takes action when changing circumstances require new approaches
Adapts swiftly

Leadership & Collaboration

Diligently and objectively evaluates own and others' performance throughout the year
Identifies quality people
Recognizes / communicates results, successes and learnings
Collaborates within and across teams, involving the right people
Supports / challenges colleagues
Enables formal / informal development
Anticipates potential conflict, takes steps to resolve

Communication & Connectivity