Senior Manager, Market Risk

Overview

In this role you will provide independent Market Risk oversight for the Credit Trading business, with focus on ABS, Credit Flow and Loan Trading. You will act as a senior partner to Heads of Trading, ensuring risks are identified, measured and challenged within the Risk Appetite framework. You will oversee risk control, risk reporting, and regulatory compliance across a broad set of products. You drive risk strategy and capabilities to support the evolving Credit Trading perimeter and maintain strong risk culture.

Pay / Benefits

• competitive salary and benefits
• flexible working options
• wellbeing support (Unmind)
• continuous learning culture
• reskilling and upskilling opportunities
• inclusive and values-driven culture

Responsibilities

• Inform and execute the Market Risk strategy for the Credit Trading perimeter, with emphasis on ABS, Credit Flow and Loan Trading.
• Provide independent risk input into strategy, portfolio development, new products and material transactions.
• Anticipate and reflect market, liquidity, concentration and structural risks in risk appetite, limits, stress testing and actions.
• Promote a strong risk culture and disciplined risk-taking across the business.
• Communicate strategic priorities across the Credit Trading team and senior management, delivering timely challenge on risk-taking and portfolio strategy.
• Develop and maintain Market Risk analytics and infrastructure to support the business.
• Assess and report risk across ABS, Credit Flow, Loan Trading, Structured Credit, Repo and Financing, Equity, DCM and related activities, noting concentrations and linkages.
• Support internal, senior management and regulatory risk reporting.
• Oversee risk processes within the Credit Trading perimeter: risk identification, limit monitoring, stress testing, escalation and reporting.
• Identify, assess and escalate material risk exposures, limit excesses, valuation concerns and emerging risks in a timely manner.
• Ensure effective management of operational risks and compliance with internal policies and external regulations.
• Improve Market Risk oversight efficiency, consistency and effectiveness across Credit Trading.
• Coordinate with stakeholders to ensure reviews and approvals for new products, material transactions and changes to risk management arrangements.

Key requirements

• Master Degree (or Equiv) and Higher Languages
• Substantial experience in Credit Trading Market Risk, trading, structuring or related risk discipline with strong ABS, Credit Flow and/or Loan Trading knowledge
• Broad understanding of Structured Credit, Repo and Financing, Equity, DCM and related activities
• Strong technical understanding of market risk measurement: sensitivities, stress testing, scenario analysis, concentration risk, liquidity risk, valuation uncertainty and risk appetite frameworks
• Strong business and risk judgement to assess complex transactions and risk-adjusted returns
• Ability to engage with Heads of Trading, senior management and control-function stakeholders
• Clear communication of complex risk matters to senior management and governance forums
• Experience operating across geographically dispersed organization and multiple product areas
• Strong analytical, organizational and interpersonal skills to manage priorities and respond to market events
• Relevant academic or professional qualifications in finance, economics, mathematics, engineering or related discipline

• stakeholder management
• clear communication
• independent thinking
• Market Risk Management
• Credit Trading Products and Markets
• Securitised Products / ABS

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