The Major International Bank is expanding its team and seeking a Market Risk Management Specialist. This role oversees a Market Risk Governance framework, ensuring compliance with regulatory requirements such as CFTC, NFA, FRB, and FRTB. Key responsibilities involve risk oversight and analysis for CM and Nikko, with a focus on quantitative market and liquidity risk. The position involves direct interaction with traders, setting risk policies, and managing internal/external communication for regulatory compliance.
Role Objectives:
- Understanding market risk management practices, including limit monitoring and remediation procedures
- Managing risk metrics for trading desks (credit, rates, FX)
- Proficiency in financial product knowledge (VAR, stress testing, scenario analysis)
- Analytical skills to address reporting and monitoring issues
- Strong programming abilities (Python, PowerBI, Visual Basic)
- Experience with Bloomberg API and MS SQL
- Ability to recognize implications of breaches across risk metrics and control environment
Qualifications and Skills:
- 2-5 year's experience in market risk management
- Effective communication with stakeholders regarding key risks
- Leadership in developing risk function and collaborating with other business owners
- Technical skills for task automation (scripting, VBA)