At a Glance
- Tasks: Manage counterparty risk and develop innovative risk management solutions for Futures & Derivatives.
- Company: Dynamic financial firm focused on collaboration and creative problem-solving.
- Benefits: Inclusive workplace, competitive salary, and opportunities for professional growth.
- Other info: Join a diverse team that values knowledge sharing and offers excellent career advancement.
- Why this job: Make a real impact in risk management while working with cutting-edge tools and teams.
- Qualifications: Strong quantitative skills, data analytics experience, and a collaborative mindset.
The predicted salary is between 50000 - 70000 £ per year.
As a Risk Manager in the In Business Risk team, you will manage counterparty risk for the Futures & Derivatives Clearing business. You will work with clients and internal stakeholders to develop risk management solutions, contribute to the enhancement of risk tools, and help set risk appetite for a wide range of clients. You will be part of a team that values knowledge sharing, collaboration, and creative problem‑solving, empowering you to make a meaningful impact.
Job responsibilities
- Contribute to effective risk management across the firm.
- Work with clients and internal stakeholders to develop risk management solutions that protect the firm.
- Create innovative solutions to bespoke problems.
- Enhance and develop “Best in Class” risk management tools.
- Collaborate with quantitative research teams to develop mathematical models for pricing, hedging, and risk measurement of derivatives.
- Partner with Credit Risk to enhance stress testing capabilities, covering liquidation and concentration.
- Set appropriate limits and risk appetite for clients, considering a wide range of factors.
Required qualifications, capabilities, and skills
- Demonstrate quantitative and problem‑solving skills, with an inquisitive and curious mindset.
- Familiarity with markets experience and general trading concepts and terminology.
- Excellent practical data analytics skills on real data sets, including familiarity with methods for working with large data and tools for data analysis (such as Excel and Python).
- Ability to work well in a team environment.
- Strong judgment and decision‑making skills.
- Strategic and creative thinking when faced with problems and opportunities.
- Enthusiasm for knowledge sharing and collaboration.
- Excellent communication skills, both verbal and written, with the ability to engage and influence partners and stakeholders.
Preferred qualifications, capabilities, and skills
- Degree in Mathematics, Economics, Finance, Computer Science, or related field.
- Knowledge of Commodities markets, especially energy and agriculture.
- Understanding of options pricing theory, trading algorithms, or financial regulations.
- Familiarity with Exchange Traded Derivatives and OTC Cleared Derivatives.
- Knowledge of CCP margin methodologies.
- Unique personal qualities, outside interests, and achievements that demonstrate the value you bring to the team.
This role encompasses the performance of UK regulated activity. The successful candidate will therefore be subject to meeting UK regulatory requirements in the assessment of fitness, propriety, knowledge and competence (as assessed by the Firm) and (where appropriate) approval by the UK Financial Conduct Authority and/or the Prudential Regulation Authority to carry out such activities.
Global Equities - Futures & Derivatives Clearing Risk Manager - Analyst or Associate employer: Fairygodboss
As a leading employer in the financial services sector, we pride ourselves on fostering a collaborative and innovative work culture that empowers our employees to make a meaningful impact. Our commitment to diversity and inclusion ensures that every voice is heard, while our focus on professional development provides ample opportunities for growth and advancement. Located in a vibrant city, we offer a dynamic environment where you can thrive both personally and professionally, supported by cutting-edge risk management tools and a team dedicated to excellence.
StudySmarter Expert Advice🤫
We think this is how you could land Global Equities - Futures & Derivatives Clearing Risk Manager - Analyst or Associate
✨Tip Number 1
Network like a pro! Reach out to people in the industry, attend events, and connect on LinkedIn. We all know that sometimes it’s not just what you know, but who you know that can help you land that dream job.
✨Tip Number 2
Prepare for interviews by practising common questions and scenarios related to risk management. We suggest doing mock interviews with friends or mentors to boost your confidence and refine your answers.
✨Tip Number 3
Showcase your problem-solving skills! During interviews, share specific examples of how you've tackled challenges in the past. We want to see your creative thinking in action, especially when it comes to risk management solutions.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, we love seeing candidates who are genuinely interested in joining our team.
We think you need these skills to ace Global Equities - Futures & Derivatives Clearing Risk Manager - Analyst or Associate
Some tips for your application 🫡
Show Your Quantitative Skills:Make sure to highlight your quantitative and problem-solving skills in your application. We want to see how you can tackle complex issues, so share examples of your analytical prowess and any relevant projects you've worked on.
Tailor Your Application:Don’t just send a generic application! Tailor your CV and cover letter to reflect the specific requirements of the Risk Manager role. Mention your familiarity with trading concepts and any experience with data analytics tools like Excel or Python.
Communicate Clearly:Your written communication skills are crucial for this role. Ensure your application is clear, concise, and free of jargon. We appreciate candidates who can engage and influence stakeholders through their writing.
Be Yourself:We value unique personal qualities and interests, so don’t hesitate to showcase what makes you, well, you! Share any outside interests or achievements that demonstrate your creativity and strategic thinking.
How to prepare for a job interview at Fairygodboss
✨Know Your Numbers
As a Risk Manager, you'll need to demonstrate your quantitative skills. Brush up on key metrics related to counterparty risk and be ready to discuss how you would apply these in real-world scenarios. Familiarity with data analytics tools like Excel and Python will definitely give you an edge.
✨Understand the Market Landscape
Make sure you have a solid grasp of the Futures & Derivatives market, especially around commodities like energy and agriculture. Being able to speak knowledgeably about trading concepts and regulations will show that you're not just a numbers person but also understand the broader context.
✨Showcase Your Problem-Solving Skills
Prepare to discuss specific examples where you've tackled complex problems creatively. Think about times when you developed innovative solutions or enhanced existing processes. This role values strategic thinking, so highlight your ability to think outside the box.
✨Communicate Effectively
Strong communication skills are crucial for this role. Practice articulating your thoughts clearly and concisely, both verbally and in writing. Be prepared to engage with various stakeholders and demonstrate how you can influence decisions through effective dialogue.
