Market Risk Manager (m/f)

Location
Lisbon (PT)
Salary
To be negotiate with the financial institution
Posted
Nov 09, 2018
Closes
Dec 09, 2018
Job Function
Banking
Industry Sector
Investment Bank
Employment Type
Full Time
Education
Masters

Responsibilities: 
- Leading and overseeing the day-to-day management of the market risk team, increasing operational efficiency and process improvement; 
- Leading the implementation of the Fundamental Review of the Trading Book regulation; 
- Coordinating the implementation of the new IRRBB framework requirements and internal governance, and overseeing the regulatory submission processes 
- Coordinating projects related with the enhancement of the Bank’s VaR engine; 
- Overseeing the market risk management across all geographies, working closely with the other regions to establish a reporting framework; 
- Maintaining and enhancing the market risk management policies and framework in which market risk is efficiently identified, quantified, monitored and reported; 
- Identifying market and product-related issues that influence the market risk management framework; 
- Supervising the market risk capital requirements calculation process under current regulatory framework; 
- Proposing market risk limits ensuring the business strategy and activities serve the Bank’s best interest; 
- Analyzing new products and/or new business initiatives, proposing measures for their appropriate market risk management; 
- Assessing the on-going appropriateness of risk quantification approaches; 
- Oversight of relevant sections of the ICAAP; 
- Proposing stress test approaches for market risks; 
- Managing regulatory interpretation for market risk within the EU ensuring compliance with regulations; 
- Responding to ad hoc requests from the business, risk management or regulators; 
- Communicating the nature and magnitude of the Bank’s market risks to managers.  
Skills: 
- Bachelor's degree in Management, Economics, Finance, Maths of similar; 
- Professional designation in GARP, PRM (preferred); 
- Fluency in Portuguese (mandatory) and English (mandatory); 
- Minimum of 8 years of experience in similar functions; 
- Proficiency in Excel, VBA, SQL; 
- Detail oriented with high planning and organization skills; 
- Proactive, determined and driven to change; 
- Eloquent communicator.