Head - Market Risk - Commercial Bank

Reporting to:

Chief Risk Officer

The Role:

- Supervising of market risk reporting and control across a wide group of instruments (incl. FX /IR /commodity /equity /credit derivatives, bonds)

- Review of market risk limit requests, participation in the preparation of applications for Trading Risk Committee

- Daily co-operation with front-office and other departments involved in risk management processes

- Managing a team of professionals

- Preparation and approval of large and non-standard transactions

- Development and approval of new products in Global Markets

- Calculations and back-testing of VAR and other risk metrics

- Control of limits and exposures on trading counterparties

- Development of risk management and front-office systems (incl. preparation of requirements, tender documents, etc.)

- Development and approval of risk policies and procedures

Your Educational Background:

- Background in a quantitative field such as mathematics, physics or engineering

- Masters degree in a quantitative or finance related field

- Professional certifications such as FRM/CFA would be a plus

Work Experience:

- 7 years of experience in financial services industry such as commercial or investment banking

- Experience in market risk management, trading and/or related areas: from 4 years, preferably with international institutions

- Understanding of market risk management approaches

- Good understanding of markets and instruments (particularly, derivatives and fixed income, incl. valuation models and hedging)

- Demonstrated reporting experience in a large complex market risk-taking organization.

- Be familiar with core market risk methodologies including risk measurement, market monitoring, and market risk stress testing across a wide variety of asset classes and products

- Ability to write complex analysis and general reporting

- Ability to work in a team environment and with minimal supervision