Market Risk Manager

8 hours ago


London, Greater London, United Kingdom Crédit Agricole SA Full time

Job Title: Market Risk Manager - FX and Options Expert

About the Role:

We are seeking a skilled Market Risk Manager to join our team in London. As a key member of our risk management team, you will be responsible for monitoring market activity, reviewing positions taken by the desk, and communicating with senior management.

Key Responsibilities:

  • Monitor daily market news and movement
  • Review daily positions taken and changes to the positions
  • Analyze P&L analysis and risk reports produced by Product Control Dept.
  • Communicate daily with senior business and risk management
  • Monitor limits for FX and FX Options portfolios and take action when necessary

Periodic Responsibilities:

  • Analyze risks taken by the business – positions, sensitivities, and VaR figures, stress test results, both core and non-core risks (e.g., by testing the limits of the models used-calibrations etc)
  • Seek other market views – risk takers from various desks, quantitative analysis
  • Define reserving policy for FX and FX Options businesses
  • Review current risk reporting processes and highlight gaps/weaknesses in current coverage, measurement, and/or methodologies
  • Establish regular risk forum for the FX and FX Options business lines to discuss the above
  • Escalate critical risk to CRO/Head of Market Risk

Requirements:

  • Degree within relevant discipline
  • Rigid prior experience within Market Risk with detailed understanding of FX, FX Options, and Exotic products
  • Able to explain high-level trading risk for responsible portfolio managers
  • Strong relationship building capabilities

Estimated Salary: £80,000 - £120,000 per annum depending on experience.

Location: Europe, United Kingdom

Company Overview: Crédit Agricole CIB is the corporate and investment banking arm of Crédit Agricole Group, the 10th largest banking group worldwide in terms of balance sheet size. We offer a range of products and services in capital market activities, investment banking, structured finance, commercial banking, and international trade.



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