Leading Global Investment Bank looking for front office market risk manager working directly with the trading floor.

- Market risk specialist
- London- UK
- Base Salary – £50- £70k + bonus & additional benefits

A leading Investment bank in London is looking to expand its front office market risk team with this key hire. The risk professional will be reporting directly in to the Head of front office traded market Risk. This individual would be responsible for the production of daily, weekly risk monitoring, VaR calculations and margins.

The market risk manager will have the following responsibilities:

• Be able to communicate directly with the front office trading floor and assist with the trading development.
• Assist and develop the running of the group.
• Be a key point of contact for all market risk issues.
• Be experienced in risk monitoring and reporting.
• Risk monitoring review: Market Risk Committee contribution / Limits and indicators review / provision methodology update.
• Product validation
• Development and analysis of new products

The successful candidate is likely to possess the following background and skill set:

• Hold an Msc PhD in a quantative field included mathematics or physics.
• Have experience in market risk positions.
• Strong Excel skills are essential, Database, VBA and programming skills would be desirable
• Ability to handle large amounts of data from various sources efficiently and accurately
• Experience in exotics, derivatives, fixed income, internal rates, FX and emerging markets.
• Strong at forming relationships across the business and working effectively with different teams
• Strong analytical thinker and problem solving capability
• Highly committed individual, keen to learn and grow into new areas of expertise

Key words: London, trader, front office, market risk, analysis, risk manager, risk, exotics, derivatives, fixed income, internal rates, FX, emerging markets.

Please send all applications to risk@selbyjennings.com