Senior Market Risk Manager

1 month ago


London, United Kingdom Bank of China Full time

Risk Management department is responsible for developing, maintaining and promoting the Bank’s Enterprise Risk Management Framework (ERMF) and activities, and for providing independent second line of defence (2LoD) oversight for Traded Market Risk, IRRBB & FX Risk, Operational Risk and Model Risk management activities as well as the project management activities (i.e. project risk) in the Bank. As a Senior Market Risk Manager, your primary responsibility will be to support the Head of Risk Management in overseeing the overall market risk profile and effectiveness of market risk management activities in the UK entities. This is a full time permanent position.

Key responsibilities

  • Support the Head of Risk Management in determining and driving longer-term strategy for traded and non-traded market risk management, and in managing the day-to-day work delivery of the market risk team
  • Take lead to develop and maintain the Bank’s market risk management policy suite for traded and non-traded market risk; provide guidance on market risk framework and policy requirements, and seek continuous improvement for the market risk methodologies and practices
  • Coordinate the annual review of the market risk appetite and/or risk limits for UK entities, working with the first line of defence (1LoD) and/or Head Office
  • Carry out the market risk day-to-day 2LoD activities; provide directional advisory and 2LoD oversight on the effectiveness of the market risk management activities in the 1LoD
  • Keep Management and relevant stakeholders abreast of the market risk profile of the UK entities and any material concerns as appropriate
  • Undertake independent 2LoD review on the new product proposal and design from the market risk management perspective, taking into account the Bank’s market risk appetite and risk management expectations
  • Design, maintain and deliver market risk training in order to raise awareness of the latest development in the business, regulatory landscape and markets, and support the embedding of solid risk framework, governance and culture across the Bank

Requirements

  • Degree educated in Finance, Economics, Mathematics, Actuarial Science, Financial Engineering or related quantitative discipline
  • CFA/FRM is highly desirable
  • Solid experience in market risk management either as 2LoD or 1LoD gained in Corporate and Investment Banking, securities firms, Consultancy or Audit. Work experience in Treasury and/or Asset Liability Management (ALM) is highly appreciated
  • Deep understanding of traded and non-traded market risk management framework, risk appetite/limits, methodologies and regulations (e.g. Basel, PRA)
  • Excellent technical knowledge in financial products, especially Fixed Income, Currencies and Commodities, and/or ALM
  • Team player who is able to work independently in a fast paced and demanding environment
  • Attention to detail
  • Excellent English and Mandarin Written and verbal communication skills with an ability to deliver compelling and well-structured presentations
  • Experience in drafting governance and normative documentation
  • People management experience is preferred


  • London, United Kingdom Validus Risk Management Ltd. Full time

    A Risk Advisory Analyst works within the client-facing team at Validus to provide financial market risk management consultancy services to clients. We are looking for confident, analytical, and articulate individuals with the ability to build relationships with senior decision-makers at some of the world's leading private equity managers, institutional...


  • London, United Kingdom ICBC Standard Bank Full time

    Summary The Market and Liquidity Risk department is primarily responsible to identify measure, challenge and report the Market and Liquidity risk exposures taken by the bank to ensure the firm trades within its risk appetite framework. The department is a second Line of Defence (2LoD) independent control functional under the "Three Lines of Defence"...


  • London, United Kingdom Richard James Recruitment Specialists Ltd Full time

    Our client is a very successful international Energy Trading company with access to key markets worldwide…In order to make an application, simply read through the following job description and make sure to attach relevant documents.The Senior Manager, Market Risk will lead the Market Risk team, supporting the business in all key market risk management...


  • London, United Kingdom Richard James Recruitment Specialists Ltd Full time

    Job Description Our client is a very successful international Energy Trading company with access to key markets worldwide… The Senior Manager, Market Risk will lead the Market Risk team, supporting the business in all key market risk management matters affecting the organisation. The Market Risk team is responsible for the design and implementation of...

  • Market Risk Manager

    1 month ago


    London, United Kingdom RICHARD JAMES RECRUITMENT SPECIALISTS LTD Full time

    **Our client is a very successful international Energy Trading company with access all key markets worldwide** The Market Risk team provides an independent view of market risk exposure for all physical and financial energy trading activity. The team is responsible for designing risk methodologies, implementing a suitable risk control framework and providing...


  • London, United Kingdom LexisNexis Risk Solutions Full time

    You will need to login before you can apply for a job. Senior Web Marketing Manager, XpertHR (Remote) Senior Web Marketing Manager - XpertHR - London About the business: XpertHR has been providing HR solutions since 2002, empowering organizations to build successful workforces and create a purposeful workplace for all. We provide expert insight and...


  • London, United Kingdom First People Recruitment Full time

    Please follow us on WeChat to see all our Cantonese and Mandarin jobs, interview tips and London news: Your New Mandarin Job Title: Mandarin speaking Market Risk Manager , London The Skills You'll Need: Fluent Mandarin and English, with Market Risk experience in corporate banking in the UK Your New Salary: £50-68k depending on experience ...


  • London, United Kingdom Gresham Hunt Full time

    Gresham Hunt have partnered with a Leading Global Banking group in their search for a Senior Audit Manager to join their Market Risk Audit team. Our client is open to professionals with SME experience within 2nd LOD focusing on Market Risk (across all asset classes) as well career Internal Auditors. Lead Traded & Treasury Risk Audit engagements across the...

  • Risk Analyst

    1 month ago


    City of London, United Kingdom MARKET TALENT Full time

    The Risk Officer is responsible for providing guidance and support to the bank’s senior management in the creation and development, implementation and backing of the bank’s operational risk framework. **The main duties and responsibilities are**: - Provide on-going support for the bank’s operational risk infrastructure and governance framework -...


  • London, Greater London, United Kingdom myGwork Full time

    This inclusive employer is a member of myGwork - the largest global platform for the LGBTQ+ business community. Opening date 08-May-2024 Closing date 07-Jun-2024 Job description Who is HSBC Innovation Banking? HSBC Innovation Banking is the power behind the UK's forward-thinkers, future-makers, and leap-takers, helping them ignite the bold ideas that...


  • London, United Kingdom MERJE Full time

    Job Description Senior Market Risk Manager: An exciting opportunity has arisen for an experienced Market & Treasury Risk manager to join a well established bank. The Senior Risk Manager will be joining the second line of defence team to support the Head of Financial Risk Management and perform second line oversight on Market Risk and Interest Rate in...


  • City of London, United Kingdom MARKET TALENT Full time

    The Risk Assurance Manager is responsible for providing the Bank’s Operations and Technology teams, and the front office environments with a best practice Risk Assurance capability that delivers timely identification, evaluation, monitoring and reportingof risk and control issues. We are seeking a Risk professional with a minimum of 2 years of experience,...

  • Market Risk Manager

    1 week ago


    London, United Kingdom Quant Capital Full time

    Quant Market Risk ManagerApply promptly! A high volume of applicants is expected for the role as detailed below, do not wait to send your CV.Hybrid 4 days per week£130,000 plus 30%Quant Capital is urgently looking for a Quant Market Risk Manager to join our high profile client.Our client is a well-known major global exchange.We are looking for a Risk...

  • Market Risk Manager

    2 weeks ago


    London, United Kingdom Quant Capital Full time

    Quant Market Risk ManagerHybrid 4 days per week£130,000 plus 30%Quant Capital is urgently looking for a Quant Market Risk Manager to join our high profile client.Our client is a well-known major global exchange.We are looking for a Risk Manager to shape risk management practice at one of the largest futures and options clearing houses in the world. This...


  • London, United Kingdom RICHARD JAMES RECRUITMENT SPECIALISTS LTD Full time

    Our client is a leading Commodity Trading company based in London with offices located in various locations globally. As the Senior Market Risk Manager, you will assist the Head of Risk on the exposure data needed for market and counterparty risk analysis as well as taking the lead in the project management of the Company’s market risk analytics and...

  • Senior Market Risk

    2 days ago


    London, United Kingdom Eleven Full time

    Exciting opportunity to join a Global Commodity Trading company who is looking for a Senior Market Risk to join their Risk Team. The company is expanding and offers excellent opportunities/ development. The company trade Oil , Gas Power and LNG. Do you have the right skills and experience for this role Read on to find out, and make your application.Monitor...

  • Senior Market Risk

    1 week ago


    London, United Kingdom Eleven Full time

    Exciting opportunity to join a Global Commodity Trading company who is looking for a Senior Market Risk to join their Risk Team. The company is expanding and offers excellent opportunities/ development. The company trade Oil , Gas Power and LNG. Monitor and evaluate daily market risk, i.e. exposures to price, volatility and liquidity risks. Analyse using...

  • Senior Market Risk

    3 days ago


    London, United Kingdom Eleven Full time

    Job Description Exciting opportunity to join a Global Commodity Trading company who is looking for a Senior Market Risk to join their Risk Team. The company is expanding and offers excellent opportunities/ development. The company trade Oil , Gas Power and LNG. Monitor and evaluate daily market risk, i.e. exposures to price, volatility and liquidity...

  • Senior Market Risk

    7 days ago


    London, United Kingdom Eleven Full time

    Exciting opportunity to join a Global Commodity Trading company who is looking for a Senior Market Risk to join their Risk Team. The company is expanding and offers excellent opportunities/ development. The company trade Oil , Gas Power and LNG. Monitor and evaluate daily market risk, i.e. exposures to price, volatility and liquidity risks. Analyse using...

  • Market Risk Analyst

    1 week ago


    London, Greater London, United Kingdom Statera Talent Full time

    Statera Talent is recruiting a Market Risk Analyst on behalf of a market-leading Buy Side firm based in London.You will sit on the trading floor and provide market risk insights, working closely with senior management and traders.Responsibilities:Conduct detailed analysis of risk measures, positions, and trading strategies.Collaborate with traders to...