Market Risk Manager

THE COMPANY:

Our client is a global diversified banking organisation with a solid presence in Asia-Pacific Region, emerging into the UK and European market with strong growth plans.

THE RESPONSIBILITIES:

• Manage and analyse market risk activities and limits.  Monitor market positions with respect to market conditions.  Escalate positions and activity that are not in line with the bank’s risk appetite to senior management.
• Daily aggregation, validation, and monitoring of risk. Regular reporting of risk positions, limit breaches, and stress testing results for branch management and regulatory compliance.
• Identification and investigation of changes to risk profile, including analysis of VaR and stress drivers. Communication of findings to senior 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.
• Responsible for modelling and monitoring of IRRBB and transaction FX risk.
• Develop stress testing scenarios, reverse stress testing and stress testing platform.
• Develop a good understanding of risk systems and help to drive improvements where necessary.
• Develop and implement new reports to improve risk visibility.
• Lead and contribute to ad-hoc risk management initiatives and projects.

EXPERIENCE REQUIRED:

• University graduate with at least 5 years’ experience in market risk management and/or trading functions.
• Strong depth of knowledge of Rates, FX and/or Credit markets and products.
• Demonstrable knowledge of derivative pricing, VaR methods, market data analysis, IRRBB and stress testing.
• Strong technical skills in VBA, SQL, Matlab, and/or C++, etc.
• Ability to understand and interpret complex business requirements.
• Ability to show resilience under pressure, including working to tight deadlines and be able to simultaneously manage competing demands.
• Self-starter with a demonstrated team player attitude and an ability and willingness to take initiative beyond the core mandate of the role.
• Excellent verbal and written communication and presentation skills.  Proficiency in Mandarin is desirable.

For further information please contact Natalie Antat