Risk Division
The Risk Division, as second line of defense for the firm, identifies, anticipates, measures and mitigates â_x0080__x0093_ whenever appropriate - the diverse array of risks that the firm faces in serving clients and operating its global businesses. Risk professionals focus on giving the firm clarity on the risk profile of our activities and devise strategies to protect the firmâ_x0080__x0099_s ability to serve our clients as a leader in global financial markets.
Market Risk Overview
Market Risk Specialists (MR) are part of the Risk division and are responsible for effective deployment of the firmâ_x0080__x0099_s market risk appetite, prudent risk management and regulatory compliance for the Firmâ_x0080__x0099_s market risks. This is achieved through the proactive application of expert knowledge, judgement and risk management capabilities including limit setting. Activities are centered on Risk management and analysis, transparency and escalation of Risk, Supervision and overall process improvement.
Joining the team will give you the opportunity to focus on activities in the Commodities business, including Oil, Metals and Power activities. You will work closely with colleagues around the globe on tasks and projects that contribute directly to the firm's success. MR professionals gain diverse financial experience and a broad perspective on how the entire firm functions. The interaction with numerous departments and the range of projects that ensue allow for a challenging, varied and multi-dimensional work environment.
Responsibilities
- Evaluate market risk taking behavior and influence outcomes through portfolio and transaction level risk analysis as well as risk limit calibration and setting
- Understand factors and events that could lead to an impact on the financial markets, and analyze their impact on the firmâ_x0080__x0099_s portfolios
- Perform pro-active ad hoc stress tests ahead of notable market events
- Ensure that issues are promptly escalated to senior management.
- Direct the implementation of new risk measures and improvements to existing measures using knowledge of risk management and communicating directly with senior management on risk-related issues.
- Review and challenge risk taking activities while engaging effectively with traders/bankers
- Monitor adherence to established risk limits and ensuring that material risks are effectively communicated to senior management.
- Maintain shared responsibility for signing off on the Market Risk approval process for new products traded by the businesses covered.
- Operate at an intersection of risk appetite and conducting business.
- Improve commercial impact and effective personnel performance under a robust control environment
Qualifications
- Strong academic record with Bachelorâ_x0080__x0099_s degree, equivalent or above in Finance, Economics or a related quantitative/analytical discipline preferred
- Understanding of financial products (including derivatives/greeks) is desired. Experience with Commodities is preferred, coding abilities will be a plus
- Ability to collaborate with people from different departments and levels of seniority
- Ability to communicate complex information directly with senior management
- 2-4 yearsâ_x0080__x0099_ experience in the industry/a relevant role
