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- Tasks: Lead a team in managing market risk across diverse asset classes and derivatives.
- Company: Join a well-established financial services organisation with a focus on growth and innovation.
- Benefits: Enjoy a hybrid working model, competitive salary, bonuses, and comprehensive benefits.
- Why this job: Shape risk strategies while influencing business expansion in a dynamic environment.
- Qualifications: 6+ years in market risk management with expertise in complex derivatives and leadership.
- Other info: Collaborate with tech teams to enhance risk systems and ensure regulatory compliance.
The predicted salary is between 60000 - 84000 £ per year.
Market Risk Manager
Location: London
Working Model: Hybrid
Salary: £75,000 – £90,000 + Bonus + Benefits
A well-established and growing financial services organisation is seeking an experienced Senior Market Risk Manager to lead the oversight of market risk across a diverse and dynamic solutions business. Covering a wide range of asset classes—including equities, commodities, rates, credit, and FX—this role will require hands-on expertise in derivatives (from vanilla to exotic) and a strong grasp of risk frameworks, models, and governance.
This is a strategic leadership position that combines technical depth with stakeholder influence. You’ll lead a team of market risk professionals, contribute to system enhancements, and play a key role in shaping risk appetite and supporting business expansion.
Key Responsibilities:
- Lead and develop a team of market risk specialists, providing expertise across market risk monitoring, limit setting, and new product assessments.
- Define and evolve the risk appetite for the business, ensuring alignment with firm-wide growth strategies.
- Oversee risk identification, measurement, and mitigation processes across a complex derivatives portfolio.
- Conduct in-depth analysis of exotic derivatives and provide guidance on risk modelling and pricing methodologies.
- Own the development and maintenance of the Value-at-Risk (VaR) model, stress testing, and scenario analysis.
- Stay informed of regulatory changes (e.g., Basel III, FRTB), ensuring full compliance across risk practices.
- Collaborate with quant and tech teams to drive improvements in risk systems, reporting tools, and analytics.
- Deliver high-quality reports and presentations to senior management, clearly communicating key risk exposures and recommendations.
- Partner closely with trading desks and other risk/control functions to embed a culture of accountability and risk awareness.
- Continuously identify opportunities to enhance efficiency, transparency, and governance within the risk function.
Ideal Candidate:
- 6+ years of experience in market risk management, ideally within a financial institution trading complex derivatives.
- Strong knowledge of exotic derivatives, including pricing, modelling, and risk characteristics.
- Proven leadership experience with the ability to mentor and manage high-performing teams.
- Advanced quantitative and analytical skills, including proficiency in Python and risk modelling tools.
- Deep understanding of market risk regulatory frameworks (e.g., Basel III, FRTB).
- Excellent interpersonal and communication skills, with the ability to translate complex risk data into actionable insight.
- Collaborative mindset with the confidence to influence and engage across all levels of the business.
Market Risk Analyst / Manager employer: ETRA Talent
Contact Detail:
ETRA Talent Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Market Risk Analyst / Manager
✨Tip Number 1
Network with professionals in the financial services sector, especially those who work in market risk. Attend industry events or webinars to connect with potential colleagues and learn about the latest trends and challenges in the field.
✨Tip Number 2
Familiarise yourself with the latest regulatory changes, such as Basel III and FRTB. Being well-versed in these regulations will not only enhance your knowledge but also demonstrate your commitment to compliance and risk management.
✨Tip Number 3
Showcase your technical skills, particularly in Python and risk modelling tools, through practical examples. Consider working on personal projects or contributing to open-source initiatives that highlight your expertise in quantitative analysis.
✨Tip Number 4
Prepare to discuss your leadership experience in detail. Think of specific instances where you successfully mentored a team or influenced stakeholders, as this role requires strong interpersonal skills and the ability to drive change within an organisation.
We think you need these skills to ace Market Risk Analyst / Manager
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in market risk management, particularly with complex derivatives. Use specific examples that demonstrate your leadership skills and technical expertise.
Craft a Compelling Cover Letter: Write a cover letter that not only outlines your qualifications but also explains why you are passionate about the role. Mention your understanding of the company's goals and how you can contribute to their success.
Showcase Technical Skills: Emphasise your proficiency in Python and any risk modelling tools you have used. Provide examples of how you've applied these skills in previous roles, especially in relation to exotic derivatives and risk frameworks.
Prepare for Interviews: Anticipate questions related to market risk management and be ready to discuss your approach to risk identification and mitigation. Prepare to explain complex concepts in a way that is easy to understand, showcasing your communication skills.
How to prepare for a job interview at ETRA Talent
✨Showcase Your Technical Expertise
Be prepared to discuss your hands-on experience with derivatives, especially exotic ones. Highlight specific examples of how you've applied risk frameworks and models in previous roles, as this will demonstrate your technical depth.
✨Demonstrate Leadership Skills
Since this role involves leading a team, be ready to share your leadership experiences. Discuss how you've mentored others, managed high-performing teams, and contributed to their professional development.
✨Understand Regulatory Frameworks
Familiarise yourself with the latest regulatory changes, such as Basel III and FRTB. Be prepared to discuss how these regulations impact market risk management and how you've ensured compliance in your past roles.
✨Communicate Clearly and Effectively
Practice translating complex risk data into clear insights. During the interview, focus on your ability to deliver high-quality reports and presentations, as effective communication is key in this strategic leadership position.
