VP / SVP - Market Risk Manager - Rates

Responsibilities:

• Assessment of market risks, concentrations and top risks.
• Desk-facing. Live discussion and independently challenge of traders, trading management and strategists. Appropriate escalation of risks identified to senior risk managers.
• Real-time involvement in approval of complex & large transactions.Performing deal analysis, including independently assessing overlooked risks, agreeing hedging strategies with the Front Office, determining approval standards and writing concise decision support briefs. Ultimately providing formal approval / veto to senior risk managers.
• Understand P&L drivers and construct any necessary tools to facilitate risk and P&L analysis.
• Development of risk methodologies, tools and involvement in system improvement working closely with traders, quantitative analysts, IT and other groups within the Firm.
• Contribute to the assessment of the suitability and performance of pricing, risk and capital models. Work with relevant groups to address material deficiencies.
• Create presentations articulating key risks and portfolio changes to senior management in a timely fashion.
• Participate in regular signoff of risk submissions to regulator and senior management.

Requirements 

• Experince within Market risk from a top tier bank 
• Experince of Interest rates trading 
• Quantitative background and ability to challange Quant teams