Global Markets Risk Sr Manager

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Job Description:
This job is responsible for the local and/or global management and direction of applicable market related risk management functions within a specific product area. Key responsibilities include monitoring and adhering to market risk management policies, procedures, and standards, and implementing new/complex product approval processes, analysis of model risk, analysis and reporting of market risk, distributing the market risk reports, and interfacing with the trading desk and other risk and support groups (i.e., Compliance, Finance, Operations, etc.).

Senior market risk manager leading the independent risk oversight of the Structured Products trading desk with additional responsibilities supporting regulatory deliverables and other risk management routines for the Global Credit line of business.

The Structured Products trading desk within Global Credit engages in structuring and distribution of collateralized loan obligations (CLOs) and providing credit asset based financing solutions for clients. The desk is a market leader (#1 in Global CLO Combined League Table) and a major driver of both revenue and risk for Global Markets.

This role requires close interaction with the trading desk as well as other risk and support groups (e.g. Finance, Quants, Technology, Model Validation) and also entails direct dialog with senior leadership within risk on a regular basis.

Specific responsibilities include (but are not limited to):

• Review desk's risk profile and key risk management metrics (e.g. VaR, stress, sensitivities), proactively highlighting risk concerns for escalation to senior risk leaders

• Directly challenging the FLU with respect to strategy, risk profile changes or new trading activity

• Setting risk limits for the trading desk and proposing appropriate changes to the risk limit framework to enhance the firm's risk management capabilities

• Review new product or non-standard trade proposals, highlighting risks and making recommendations to senior management in terms of trade approval

• Participate in due-diligence activities with respect to on-boarding of new CLO managers

• Present directly to US regulators (e.g. SEC) as part of regular routines and regulatory exams

• Provide updates to senior management within risk on key CLO market trends and outlook

Required Qualifications:

There is no unique background defining a successful Risk Manager. However, a quantitative mind, natural curiosity, a desire to challenge the status quo while searching for gaps and trying to see the big picture are key requirements. One or more of the following qualities would be beneficial:

• 5-7 years relevant experience

• Previous experience as a Risk Manager working directly with the Front Line and performing risk analysis

• Strong quantitative and technical/programing skills

• Solid academic background, which may include a postgraduate qualification

• Good people skills demonstrated across various communication styles (both written and verbal)

• Knowledge of financial markets, ideally with solid understanding of Macroeconomics

• Understanding of financial derivatives and modelling

• Ability to multi-task and prioritize across several competing demands, meeting tight deadlines

Skills:

• Analytical Thinking

• Critical Thinking

• Portfolio Analysis

• Risk Analytics

• Collaboration

• Decision Making

• Oral Communications

• Presentation Skills

• Written Communications

• Issue Management

• Monitoring, Surveillance, and Testing

• Regulatory Compliance

• Technical Documentation

• Trading Strategy

Shift:
1st shift (United States of America)

Hours Per Week:
40

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