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Market Risk Manager

Posted about 1 month ago

  • Sector: Risk Management
  • Contact: Lisa Kamotho
  • Contact Email: lkamotho@merje.com
  • Contact Phone: 0203 637 1602
  • Expiry Date: 18 April 2024
  • Job Ref: LK/11079 N

Senior Treasury Risk Manager:

An exciting opportunity has arisen for an experienced 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 the Banking Book (IRRBB). 

Responsibilities of the Senior Treasury Risk Manager include:  

  • Ensure that Treasury operations in the 1LOD adhere to the bank's Risk Policies for IRRBB and Market Risk, and provide 2LOD approval for risk and control assessments.

  • Offer expertise on Market Risk and IRRBB, integrating industry developments and best practices into the management processes of the 1LOD.

  • Collaborate with various stakeholders to ensure comprehensive understanding, reporting, and management of market risk and IRRBB throughout the Bank.

  • Identify emerging risks related to Market Risk and IRRBB, arising from both external factors like regulatory changes and internal factors such as product development.

  • Assess the impact of new products or changes on Market Risk and IRRBB, providing 2LOD approval for product due diligence to ensure understanding, measurement, and monitoring.

Requirements of the Senior Treasury Risk Manager include:

  • Relevant qualifications in Business, Economics, or Accounting, coupled with practical experience.

  • Extensive background in Market Risk within either 1LOD or 2LOD roles, particularly proficient in IRRBB methodologies.

  • Profound understanding of Balance Sheet and P&L dynamics, including their accounting implications.

  • Exposure to liquidity, capital, and/or model risk would be advantageous.

  • Exceptional communication and presentation skills, adept at conveying complex concepts internally and externally.

  • Highly skilled in Excel with strong numerical capabilities, capable of swiftly analyzing, manipulating, and modeling data to derive insights and recommendations.

  • Proven track record of managing multiple projects, demonstrating adaptability in navigating evolving project landscapes.

The firm recognise the importance of work-life balance, this role promotes hybrid working.

If you would like to apply for this audit role or want more information, please send your CV to lkamotho@merje.com

Please note, should feedback not be received within 28 days due to the large volume of applications, unfortunately, your application has been unsuccessful. However, we may be in touch with similar relevant opportunities.

If you would like this job advertisement in an alternative format, please contact MERJE directly.

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