Head of Market Risk - Buy-Side

This range is provided by Austin Andrew. Your actual pay will be based on your skills and experience — talk with your recruiter to learn more.

Base pay range

In addition to leading the portfolio risk monitoring programme, the incumbent will have the opportunity to develop an appropriately expert Risk Function.

Responsibilities:

• Working with the Portfolio Risk Monitoring Team to deliver independent risk monitoring covering all activities.
• Designing, developing and implementing portfolio risk metrics, limits, and Key Risk Indicators that facilitate risk-based monitoring for both individual portfolios and enterprise-wide risk monitoring.
• Participating in discussions with new and existing portfolio managers, including review and sign off of portfolio risk limits, operational, and other guidelines.
• Determining Valuation Policy Guidelines and monitoring their application to each portfolio, ensuring appropriate market and liquidity stress testing is conducted for each portfolio.
• Taking overall responsibility for the Enterprise Risk Management Framework, Risk Appetites Framework key risk policies, and ICARA reviews and processes. Collaborating with the Head of Operational Risk to confirm that our internal control framework operates effectively and that operational risks are appropriately managed, including portfolio management systems used for placing orders, settling transactions, and monitoring portfolio market values.

Qualifications:

• A degree in a related discipline or related professional qualification.
• At least five years’ experience of risk management at a relevant financial institution.
• Experience of investment strategies, market risk models including algorithms, VaR models, and statistically based models.
• Experience of portfolio risk management including stress testing of all fund financial risks including market and liquidity risks.
• Good knowledge of the UK and EU regulatory environment, IFRS accounting standards (particularly IFRS 9 and the UK’s FRS 102).
• Comfortable working in a tech-enabled environment. Experience with Model BI is an advantage. Proficiency in Excel, Word, and PowerPoint is assumed.
• Strong oral and written communication skills.

Seniority level

Director

Employment type

Full-time

Job function

Analyst

Industries

Investment Management

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