Job Description
Seeking Director of Market & Liquidity Risk to oversee trading and non-trading market risk activities, ensuring significant market risks are properly identified, analysed, and measured. The ideal candidate will have in-depth experience in Fixed Income, Interest Rate, and Credit Markets, with complementary knowledge of Money Markets and Equity Derivatives. Expertise in Value-at-Risk (VaR) and Risk-Weighted Assets (RWA) is essential. The role involves leading and developing a team, fostering an expert function within the Dublin office, and building a respected risk management operation. Key responsibilities include overseeing market risk and valuation for global trading desks, providing subject matter expertise in non-trading market risk management, and managing interest rate risk (IRRBB) and credit risk (CSBB). The Director will also develop independent assessments of market conditions, engage with senior traders and business heads, and provide strategic guidance on market risk impact of business decisions. The role requires a comprehensive understanding of trading risks and profitability drivers, offering weekly performance analysis and commentary. The Director will serve as the primary liaison with regulators on market risk matters and ensure ongoing compliance with regulatory standards. The ideal candidate will have a strong track record of leadership and risk management experience, with the ability to communicate risk issues effectively to all levels of the organisation. The role offers a unique opportunity to join a leading financial institution and contribute to the development of a respected risk management operation. The Director will be responsible for developing and implementing market risk and valuation policies, including defining stress tests and scenarios to identify key risks. The role also involves analysing new product proposals, ensuring market risk and valuation implications are fully understood, with appropriate risk limits and controls in place. The Director will maintain a comprehensive understanding of trading risks and profitability drivers, offering weekly performance analysis and commentary. The role requires a strong understanding of regulatory requirements and the ability to ensure ongoing compliance with regulatory standards. The ideal candidate will have a strong track record of leadership and risk management experience, with the ability to communicate risk issues effectively to all levels of the organisation. The role offers a unique opportunity to join a leading financial institution and contribute to the development of a respected risk management operation. **Key Responsibilities:**
- Oversee market risk and valuation for global trading desks
- Provide subject matter expertise in non-trading market risk management
- Manage interest rate risk (IRRBB) and credit risk (CSBB)
- Develop independent assessments of market conditions
- Engage with senior traders and business heads
- Provide strategic guidance on market risk impact of business decisions
- Analyse new product proposals
- Maintain a comprehensive understanding of trading risks and profitability drivers
- Offer weekly performance analysis and commentary
- Serve as the primary liaison with regulators on market risk matters
- Strong track record of leadership and risk management experience
- Expertise in Value-at-Risk (VaR) and Risk-Weighted Assets (RWA)
- Comprehensive understanding of trading risks and profitability drivers
- Ability to communicate risk issues effectively to all levels of the organisation
- Strong understanding of regulatory requirements