Create and periodically review the effectiveness of the Market Risk system and its related processes in order to ensure they are fit for purpose.
Develop Risk Frameworks, policies, procedures and regulatory submissions ensuring effective and efficient monitoring, systemization, unified assessment and benchmarking of market risk.
Identify, measure and report the Market Risk across all product asset classes in a timely and objective basis. Provide regular management information to the Chief Risk Officer and other senior stakeholders in order for senior management to have a full understanding of market risk exposure.
Review trade activity to ensure deals are within pre-defined limits. Review structured trades prior to execution in order to ensure adherence with limits.
Build and develop effective internal relationships with key stakeholders in order to contribute to effective decision-making process, create clarity on the business needs and secure the Bank's interests in terms of risk management.
Support the Risk Department in ensuring that all risks are captured, monitored and reported to the relevant governance bodies so senior management is aware of the nature and magnitude of the risks taken and can where necessary take corrective action.
Support the Risk Department to coordinate, arrange and circulate papers for the meetings, produce minutes promptly that adequately record the decision and conditions imposed by the Risk Governance Committees.
Support the Risk Department in ensuring that all Regulatory risk documentation, e.g. ICAAP, Recovery Plan, Resolution Pack is kept up to date and approved by the relevant governance bodies
Key Competencies & Qualifications
Post-graduate or industry relevant qualification
5-10 years Investment Banking Market Risk experience across all asset classes
Strong Quantitative skills
Capital and regulatory experience
Ability to operate in a fast moving dynamic organization, whilst maintaining balance between the business requirements and prudent risk management
Demonstrable business and sector awareness and a keen appreciation of emerging and frontier markets and industry developments
Independent decision maker with ability to support and defend conclusions
Strong financial analysis skills and experience of financial products