Market Risk Oversight -Associate Director

About Our Client

Corporate and Investment Banking client , based in London, looking to hire a Market Risk Oversight -Associate Director.

Job Description

• Perform risk oversight on Treasury, Corporate Finance and traded Markets desks.
• Provide independent review and challenge of business activities.
• Provide advice and guidance to Markets, Treasury and Corporate Finance.
• Review new products/activities ensuring market and liquidity risk requirements are met.
• Assess Market Risk Limit requests, supporting or not in line with NAB risk appetite.
• Support Market and Balance Sheet and Liquidity Risk policies.
• Undertake Market Risk and Liquidity Risk reporting.
• Processing of Key Risk Indicators triggered.
• Annual Desk Reviews.
• Contribution towards projects involving IRRBB and FXRBB risk management.
• Maintain close and effective working relationships with business units and risk teams.
• A keen interest in financial markets, geopolitical trends, economic policy, and impacts will allow for further success in the role.
• Articulate and control risk appetite, provide value-adding insight and oversight and challenge business activities, saying no when such a decision is warranted.
• Maintaining the independence of the Market Risk function and ensuring the "Risk Management Accountability Model" discipline is adhered to.
• Keeping abreast of regulatory, market and business specific developments and maintaining a contemporary understanding of best practice in risk management.
• Deep dive review and insight into specific desk position or market moves. analysis of exposures, explaining positions and movements in market risk and liquidity risk metrics.
• Monitor trading activity throughout the day reviewing the impact on positions against limits and to look for any unusual activity.
• Analyse data, solve problems, resolve queries, provide regular and ad-hoc reporting requests, resolve data integrity issues, process breaches, calibrate limits, provide detailed insights and produce the banks liquidity reporting including regulatory reporting if necessary.

The Successful Applicant

A successful Market Risk Oversight Associate Director should have:

• Degree and/or post-graduate qualification in a relevant subject, e.g. finance, accounting, economics.
• While not required, risk qualification, PRM (PRMIA) or FRM (GARP) would be beneficial.
• Significant experience of market risk and liquidity risk management in a financial services environment (minimum 5 years).
• High-level of understanding of key global market risk and liquidity risk regulations applied to the financial services industry.
• Good knowledge and understanding of market risk and liquidity practices and of general risk management principles.
• Working knowledge of key wholesale markets products, particularly bonds, repo, loans, and interest rate derivatives.
• Demonstrated capability for identification, assessment, and evaluation of risk.
• Strong Excel skills, including working knowledge of VBA.
• Coding skills and/or electronic and Algorithmic trading knowledge would be beneficial.

• A competitive salary ranging from £90,000-£100,000
• Target bonus circa 20% discretionary
• Comprehensive benefits package including pension contributions and other perks.
• Hybrid working

If you're ready to take on this challenging and rewarding role in market risk oversight, we encourage you to apply today!