Complinet | Recruitment | JobComplinet | Recruitment | JobRisk Manager- Market Riskhttp://www.complinet.com/recruitmentjobs/job/details/id/11764Up to £350 per day
| Location: London |
Sector: Securities & Wholesale Banking |
Published: March 11th 2010 |
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<p>This financial services firm is currently looking for a temporary Risk Manager to sit within it's market risk division. The main purpose of the role will be to fully understand the risks taken by the front office and ensure market risk is appropriately captured, managed and communicated within the firm.</p>
<p>Key responsibilities will include:</p>
<p>Taking full responsibility for daily risk management of Front Office desks</p>
<p>Ensuring risk measurements used i.e. VAR and sensitivities accurately reflect the risks and that the risks are appropriately controlled</p>
<p>Analysing and understanding of P&L reserves</p>
<p>Ensuring an awareness of risks not well captured and developing suitable methods to help quantify and control the risks</p>
<p>Conducting stress testing and scenario analysis appropriate for the businesses</p>
<p>Supporting new product requests from Front Office and ensure market risks are appropriately considered and that risks can be accurately calculated</p>
<p>Liaising with traders, product controllers and management to ensure up to date sharing of information on positions, valuation and risk issues</p>
<p>Production of daily market risk reports including dealing with limit monitoring and breaches</p>
<p>Involvement in firm wide IT systems development and testing relevant to market risk</p>
<p>To be considered for this role you will ideally have a degree in a subject with a numerical bias and excellent IT skills. You will have a solid background in market risk and an excellent understanding of a broad range of financial products including equities and derivatives. You will also have a good knowledge of valuation methodologies and risk analysis using VaR and Greek sensitivities.</p>
<p>If you are interested in this role please contact Natalie Brown on 020 7936 2601 or email you CV to nb@barclaysimpson.com</p>