Head of Risk - London, United Kingdom - Archer Daniels Midland Company

Archer Daniels Midland Company

Verified Company

London, United Kingdom

1 week ago

Posted by:

Tom O´Connor

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Description

HEAD OF RISK:

London

United Kingdom

Risk ManagementYour Responsibilities
An opportunity has arisen for a Head of Risk based in the City of London.

This role will be overseeing the Risk Department with Senior Manager responsibility for identifying, monitoring and managing ADMISI's risk exposures and reporting to the Board.

The main duties of this role will include:

Ensure risk exposures are managed in accordance with risk appetite and help support senior management to make smart risk decisions that support customers while maintaining risk control and discipline.
Development and maintenance of Risk Appetite Statement
Responsible for producing and managing the Risk Management Framework
Develop ADMISI Risk Policies and review annually
Management of the ADMISI Risk team
Liaise with ADMISI colleagues across the business and support functions. Build effective and open dialogue to ensure appropriate customer and risk outcomes are reached
Build relationships and liaise with Exchanges and third parties as required,
Join customer meetings to discuss client risk issues
Report to the Board on a quarterly basis and as required
Update Market Risk Committee on risk related issues on a weekly basis
Monitor in real time the exposure and sensitivity of customers' positions to fluctuations in market variables, reacting efficiently to these changes with relevant margin calls and appropriate senior manager escalation
Maintain FX currency risk assessment policy for all multicurrency transactions
Responsible for business related issues at both an individual and team level
Oversight of client electronic trading platform limits and leverage
Oversight of daily margin call process and ensure appropriate action and escalation of outstanding issues
Lead the intraday management of risk exposures and market volatility events
Oversee the maintenance of departmental procedures
Lead annual Risk and Control Self-Assessment (RCSA) process.
Lead Risk input into annual ICARA process
Responsible for stress testing across the enterprise
Responsibility for the ADMISI Enterprise Risk Management Committee
Strong role model for good conduct and culture
Member of ADMISI Executive Committee

Job Description (Con't)

Your Profile
Recognised risk based financial services qualification
Detailed understanding of financial markets and derivatives and other margined products.
Broad thinker with the ability to translate business goals into proactive and consistent risk management
Focus on continuous improvement with a drive to keep moving risk management processes forward
Constructive approach to engaging with colleagues and customers to deliver the best outcomes
Third level academic qualifications
At least 10 years regulated financial markets experience
At least 5 years relevant risk experience in a clearing/brokerage firm
Demonstrable track record at mid to senior management level with direct experience of reporting at Board and Executive Committee level
Your Future Perspective_
Challenging tasks, short decisionmaking processes and a high level of personal responsibility in a modern work environment with flexible work time models
Room for innovative thinking and growth with the possibility to manage your own career path.
A company culture which promotes continuous learning and diversity.
Excellent career opportunities in a world leading nutrition company.
An attractive remuneration including a variety of social benefits like subsidized health & fitness offers.
ADM is a company where managers and colleagues are encouraged to discuss and enable the flexibility that is needed to meet the demands of work and life through a Hybrid working arrangement
Additional benefits and support for maternity and paternity leave
ADM are an advocate of having a workforce who are aware of their mental health. In addition to our network of Mental Health First Aiders, all new starters to the business will be enrolled in 'Mental Health Aware' training within three months of joining the business.