At a Glance
- Tasks: Lead market risk projects, develop pricing models, and ensure regulatory compliance.
- Company: Join a top financial services consultancy in London with a strong market risk practice.
- Benefits: Enjoy a competitive salary, flexible working, and career progression opportunities.
- Why this job: Work on impactful projects with leading financial institutions and enhance your quantitative skills.
- Qualifications: 5+ years in banking or consulting, expertise in FRTB, and strong programming skills required.
- Other info: Ideal for market risk experts looking to make a difference in a growing consultancy.
The predicted salary is between 43200 - 72000 £ per year.
Our client, a leading financial services consultancy, is seeking a highly skilled Market Risk Manager to join their London team. This is a quantitative role, requiring expertise in FRTB, derivative pricing, XVA, and counterparty credit risk. The ideal candidate will have a strong analytical mindset and experience in both banking and/or consulting.
Key Responsibilities:
- Lead and support projects focused on market risk management, including FRTB implementation, risk model validation, and regulatory compliance.
- Develop and enhance derivative pricing models across asset classes.
- Work on XVA analytics and counterparty credit risk methodologies, ensuring compliance with regulatory frameworks.
- Collaborate with clients to optimize risk management frameworks and quantitative methodologies.
- Engage in stakeholder management, providing expert advisory services to banks and financial institutions.
- Contribute to business development, including thought leadership and internal capability building.
Key Requirements:
- At least 5 years of experience in banking or financial services consulting, focusing on market risk.
- Strong technical knowledge of FRTB, derivative pricing models, XVA methodologies, and counterparty credit risk.
- Advanced proficiency in quantitative risk modelling, risk analytics, and financial mathematics.
- Strong programming skills in Python, C++, R, VBA, SQL or MATLAB for model development and validation.
- Experience working with regulatory requirements such as Basel III/IV, CRR, and SR 11-7.
- Excellent problem-solving, communication, and stakeholder management skills.
- A bachelor’s degree in quantitative finance, financial engineering, mathematics, statistics, or a related field.
Why Join?
- Work on high-impact projects with top-tier financial institutions.
- Join a rapidly growing consultancy with a strong market risk practice.
- Competitive salary and bonus structure.
- Flexible working environment with opportunities for career progression.
If you are a market risk expert with strong quantitative skills and consulting or banking experience, we’d love to hear from you!
Market Risk Manager employer: Bailey & French
Contact Detail:
Bailey & French Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Market Risk Manager
✨Tip Number 1
Network with professionals in the financial services sector, especially those who specialise in market risk. Attend industry conferences or webinars to connect with potential colleagues and learn about the latest trends in FRTB and derivative pricing.
✨Tip Number 2
Showcase your programming skills by working on relevant projects or contributing to open-source initiatives. This will not only enhance your technical abilities but also demonstrate your commitment to continuous learning in quantitative risk modelling.
✨Tip Number 3
Stay updated on regulatory changes related to Basel III/IV and CRR. Understanding these frameworks will help you engage more effectively with stakeholders and position yourself as a knowledgeable candidate during interviews.
✨Tip Number 4
Prepare for interviews by practising case studies that focus on market risk management scenarios. This will help you articulate your problem-solving approach and demonstrate your analytical mindset to potential employers.
We think you need these skills to ace Market Risk Manager
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights your experience in market risk management, particularly focusing on FRTB, derivative pricing, and counterparty credit risk. Use specific examples to demonstrate your expertise and achievements in these areas.
Craft a Compelling Cover Letter: Write a cover letter that showcases your analytical mindset and relevant experience in banking or consulting. Mention how your skills align with the key responsibilities of the Market Risk Manager role and express your enthusiasm for contributing to the consultancy's projects.
Highlight Technical Skills: In your application, emphasise your programming skills in Python, C++, R, VBA, SQL, or MATLAB. Provide examples of how you've used these skills in quantitative risk modelling or analytics to solve complex problems.
Showcase Stakeholder Management Experience: Include details about your experience in stakeholder management and advisory roles. Highlight any successful collaborations with clients or contributions to business development that demonstrate your ability to engage effectively with various stakeholders.
How to prepare for a job interview at Bailey & French
✨Showcase Your Quantitative Skills
Make sure to highlight your expertise in quantitative risk modelling and financial mathematics. Be prepared to discuss specific projects where you've applied these skills, especially in relation to FRTB and derivative pricing.
✨Demonstrate Regulatory Knowledge
Familiarise yourself with the latest regulatory frameworks such as Basel III/IV and CRR. During the interview, be ready to explain how you've navigated these regulations in past roles and how they impact market risk management.
✨Prepare for Technical Questions
Expect technical questions related to programming languages like Python, C++, or R. Brush up on your coding skills and be ready to solve problems or explain your thought process in model development and validation.
✨Engage in Stakeholder Management Scenarios
Since stakeholder management is key in this role, prepare examples of how you've successfully collaborated with clients or internal teams. Highlight your communication skills and ability to provide expert advisory services.