Market Risk Management Oversight

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)