Market Risk Management Oversight

3 weeks ago


New York, United States Selby Jennings Full time

The Major International Bank is expanding its team and seeking a Market Risk Management Specialist. This role oversees a Market Risk Governance framework, ensuring compliance with regulatory requirements such as CFTC, NFA, FRB, and FRTB. Key responsibilities involve risk oversight and analysis for CM and Nikko, with a focus on quantitative market and liquidity risk. The position involves direct interaction with traders, setting risk policies, and managing internal/external communication for regulatory compliance.

Role Objectives:

  • Understanding market risk management practices, including limit monitoring and remediation procedures
  • Managing risk metrics for trading desks (credit, rates, FX)
  • Proficiency in financial product knowledge (VAR, stress testing, scenario analysis)
  • Analytical skills to address reporting and monitoring issues
  • Strong programming abilities (Python, PowerBI, Visual Basic)
  • Experience with Bloomberg API and MS SQL
  • Ability to recognize implications of breaches across risk metrics and control environment

Qualifications and Skills:

  • 2-5 year's experience in market risk management
  • Effective communication with stakeholders regarding key risks
  • Leadership in developing risk function and collaborating with other business owners
  • Technical skills for task automation (scripting, VBA)


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