Job Description
Market Risk Manager Contract Type: Permanent Role Summary A key part of your role will be in the implementation of 2 newly established funds, and in developing the Risk Management Framework to accommodate these new funds. You will also provide support and challenge to the various business units in their management of market risks. Your Day-to-Day Develop risk policies, limits, and KRIs in respect of the new funds. Work closely, alongside colleagues, to support the understanding of their respective risk appetites, policies, limits, and risk exposures. Provide independent and effective second line challenge on risk-taking. Participate in the financial risk policy review process, analysing the market risk implications arising from new funding strategies, investment strategies, markets, products, processes, or regulatory requirements. Preparation of daily, weekly, and monthly risk management information and dashboards for senior management and committees, along with monitoring and reporting against market risk limits and KRIs. Play a key role in defining the operating model for new investment mandates including specifying system requirements, analysing policy implications, and the design of risk reporting. Ongoing development of multi-factor/multi-period scenario analysis and stress testing across all market risk exposures (including Fixed Income, FX, Equity, Absolute Return investment strategies, Private Equity, Private Credit, and Real Assets) Valuation of fixed income products (including Bonds, Repos, Loans, Deposits, Swaps and Short-Term Paper) Maintenance and benchmarking of yield curves. Your Background Strong risk management experience in the financial services industry, ideally sovereign wealth funds, investment or pension funds, institutional asset ownership, or global equity investment organisations. A post-graduate degree in a relevant quantitative or market risk related discipline (e.g. Maths, Economics, Engineering, etc.). Proven track record in monitoring, measuring, and managing substantial market risk exposures across a diverse range of complex specialised portfolios. Experience in valuing complex and/or illiquid products and an understanding of accounting implications. A firm understanding, and proven experience of analysing and reporting on the market risks arising from a multi-asset investment portfolio, including multi-factor analysis and the valuation of derivatives and alternative assets. Experience in on-boarding new funds, defining and implementing operating models, and configuring multi-asset investment and treasury risk systems. Excellent understanding of risk methodologies such as VaR and multi-factor stress testing. Strong understanding and experience in curve construction. A high level of numeracy with strong analytical and IT skills (e.g. Excel/VBA, Power Query/PowerBI, SQL, Python, R-Studio, Java). Strong understanding of treasury and portfolio risk management systems (e.g. PORT Enterprise, Charles River, Barra One). In-depth knowledge of Bloomberg. Knowledge of Findur would be a distinct advantage. Some experience in analysing and monitoring the market risks arising from Private Equity or Private Credit would be an advantage. Skills: Market Risk Management Risk Analytics Market Risk