Market Risk Policy Leader

2 days ago


London, Greater London, United Kingdom Empirical Search Limited Full time

Empirical Search Limited is supporting a leading building society in the North of England with their search for a Part-Time Market Risk Policy Leader. This exciting opportunity will see the successful candidate shaping market risk policy for a balance sheet approaching tier one in size and status.

Job Description

The role holder will have the chance to lead the market risk section of the Society's ICAAP as a subject matter expert, responsible for market risk appetite and policy. They will drive improvements to, and understanding of, the risk management framework, manage the societies' market risk exposures which extend to interest rates, credit spread, and foreign exchange held entirely within a banking book.

Digest changes to the regulatory landscape and articulate what they mean for the Society. Champion a positive risk management culture and support others with your expertise.

Requirements
  • In-depth knowledge of both internal and external market risk management metrics, such as NII, VaR, PV01, CSVaR, and regulatory requirements.
  • Familiarity with banking book and financial market products, with a broad knowledge of finance and balance sheet management within an organisation.
  • Past experience of producing the market risk section of an ICAAP and taking it through a firm's governance.
  • Thought leadership in setting market risk appetite to ensure appropriate and timely escalation to decision makers.
  • Experience of developing existing policy to incorporate industry and regulatory change and ensuring firm-wide compliance.
  • You'll be someone who is keen to help others learn and develop and, while not a people leader, you'll inspire colleagues across the ALM team to deliver great work.
Salary Information

We estimate the salary for this role to be around £60,000 - £80,000 per annum, depending on experience.



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