Market Risk Manager

  • Competitive
  • London, England, United Kingdom
  • Permanent, Full time
  • RBS
  • 17 Jan 18 2018-01-17

See job description for details

The Business
Join us in London as a Portfolio Market Risk Manager for NatWest Markets

  • This is an excellent opportunity for an experienced risk professional to join an established Market Risk Management team
  • Our Market Risk Management team form independent views to effectively challenge traders on their views and positioning
  • Your primary focus will be on the review and challenge of the front office trading desks on the overall portfolio risks
  • There may be an opportunity to take advantage of our flexible working options in this role

What you'll do

In this role, you'll provide review and challenge on the portfolio risks through daily interaction with the trading business. You'll be a primary point of contact from a risk and business point of view, and you'll partner with business heads and act as a subject matter expert lead in projects outside of your BAU work. Day-to-day, you'll be:
  • A lead point of contact in Market Risk for relevant heads of trading and front office risk function
  • Reviewing risk reports and limit utilisations, investigating and escalating any limit breaches and then preparing and documenting limit sanctions
  • Making sure that risk is accurately represented in the Market Risk systems and the control framework in place is effective
  • Understanding, reviewing and challenging trading business strategies, and highlighting and escalating any issues or unusual trading activity
  • Supporting in developing new tools and metrics to enhance portfolio risk management
  • Working closely with the market risk stress teams to develop and run new and existing scenarios

The skills you'll need

To join us in this role, you'll need an understanding of market dynamics, products and the associated risks.

We'll also be looking for you to demonstrate:
  • Technical problem solving and analytical skills
  • The ability to convey complex concepts in a clear and concise manner
  • Knowledge of market risk management techniques
  • An understanding of key risk metrics (VaR, PV01, CR01, etc)
  • Excel skills

How we'll reward you

In return, we offer a competitive salary plus 25% cash and benefit funding programme that can be tailored to suit your individual needs. In addition, we provide a wide selection of exclusive lifestyle offers, development and learning programmes, services and support designed to help you manage and balance your work/life priorities.

Visit our reward and benefits page for more information on the benefit packages we offer.


At RBS, we want everyone to feel welcome, regardless of your background or needs. If you need adjustments making to your working environment, we'll do everything we can to support you. As part of this commitment, we offer flexible working options for some of our roles - find out more .

As a Financial Services organisation we comply with and support the requirements set by our Regulator, the Financial Conduct Authority (FCA), which are designed to protect our customers. This role falls under Conduct Rules of the Individual Accountability Regime (IAR) and is subject to pre-employment screening. This means if your application is successful, you'll need to satisfy some important background checks before you can start working with us. These will include a full credit check, a criminal record check, residency and right to work checks.