Global Markets Risk Manager

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This job is responsible for the reporting, analysis, and monitoring applicable market related risks taken within a specific product area. Key responsibilities include analysis of model risk, analysis and reporting of market risk, distributing the market risk reports, and interfacing with the trading desk and other risk and support groups (i.e., Compliance, Finance, Operations, etc.).

Responsibilities:

• Identifies and monitors market risk exposure and develops mitigation strategies and resolutions in accordance with the bank's risk appetite and risk limits identified, as well as regulatory requirements, as applicable

• Manages risk requests, breach remediations and providing risk effective challenges for front line units

• Sets managing risk parameters and guardrails for market risk, while ensuring adherence to risk appetite and limits, and actively designing risk scenarios to implement decisions

• Develops market risk coverage plans, oversees execution of monitoring, testing and risk assessments, conducts analysis and develops market risk reporting for specific products and communicates changes to senior management

• Liaisons with businesses to understand market trends and impacts on portfolio, using knowledge of stress testing and its applicability to market risk

• Ensures adherence to the policies and procedures established by the company

Required Qualifications:

• 2+ years of Market Risk or front office experience with a good understanding of key risk metrics such as VaR and stress testing, especially in relation to securitized products

• Good understanding of real estate and credit markets

• Proven finance or risk background with quantitative skills Ability to communicate clearly and concisely with traders, senior management and other areas of the bank understanding the requirements of each group.

• Ability to build good relationships while maintaining independence and negotiating with traders to enforce decisions.

• Ability to multi-task, prioritize, a meet deadlines without compromising on quality

• Ability to understand and communicate more complex proposals for management review, requiring good oral and written skills

• Problem solving skills and motivation to deliver in challenging fast paced environment

Skills:

• Analytical Thinking

• Critical Thinking

• Portfolio Analysis

• Risk Analytics

• Data and Trend Analysis

• Decision Making

• Oral Communications

• Presentation Skills

• Written Communications

• Active Listening

• Issue Management

• Monitoring, Surveillance, and Testing

• Regulatory Compliance

• Technical Documentation

Shift:

1st shift (United States of America)

Hours Per Week:

40