Market Risk and Liquidity Manager

  • Competitive
  • Gibraltar
  • Permanent, Full time
  • G-Rock Limited
  • 17 Nov 17 2017-11-17

Manages all aspects of Market and Liquidity risk within the Bank

The place of the position in the organisational structure

Business Unit/Department: Risk Management Department 
Report to: Head of Risk Management
Supervise: No subordinates at the initial stage, close cooperation with the Middle Office Team and Reports Team

The place of the position in functional structure

Cooperate with: Head of Risk Management within the Risk Management Framework, Middle Office, Treasury Department, Regulatory Reporting Team   
Participate in: Bank’s daily operations and projects    

Principal tasks:     

  • Assess market and liquidity risk management strategy and its implementation
  • Develop market and liquidity risk appetite metrics and limits (reflecting regulatory requirements)
  • Provide an independent assessment of the bank's market and liquidity risk which will include assessment of asset buffer, business plans, product pricing, funding diversification, regulatory interpretation, and the ILAAP, ICAAP and RRP as required
  • Oversee the operating model for managing market and liquidity risk
  • Monitor market and liquidity exposure and limits based on the predefined reports (internal and regulatory measures)
  • Implement of new risk measures / stress tests and improvements to existing measures using knowledge of risk management

Responsibilities of the employee occupying this post include: 

  • Effective performance of duties listed in section above and other assigned as needed
  • Preserving confidentiality of sensitive data
  • Complying with other regulations applicable to employees of the Bank

Entrance requirements to the job

Knowledge and skills:    

  • Strong academics and relevant professional qualifications/accreditations - Bachelor or Master degree in Economics, finance, mathematics or physics
  • A significant (at least 5 years) track record of market and liquidity risk management and assessment in a financial institution, a Big 4 firm or a UK regulatory body 
  • Strong product knowledge covering a broad range of asset classes with prior experience in working with FX and Rates derivatives
  • A strong understanding of risk metrics with the ability to implement strategic change
  • A comprehensive knowledge of the regulatory requirements and reporting framework for market and liquidity risks (CRD/CRR/EBA requirements)
  • Proficient in Microsoft Excel modeling and risk management systems
  • Experience conducting risk analysis and reporting of high volumes of risk data (data query and analyses - SQL literacy)
  • Experience in dealing with senior members of the business
  • Excellent communication and interpersonal skills
  • Able to multi task and prioritise accordingly  

Command of  languages:    

  • Good English with strong command of financial vocabulary
  • Knowledge of other languages would be an advantage

**CANDIDATES SHOULD BE ELIGIBLE TO WORK IN THE EU**