At a Glance
- Tasks: Lead risk management practices and enhance risk tools at a top clearing house.
- Company: Join ICE Clear Europe, a leader in futures and options clearing.
- Benefits: Competitive salary, dynamic team environment, and opportunities for professional growth.
- Other info: Collaborative culture with a focus on innovation and strong risk practices.
- Why this job: Tackle complex risk challenges and shape the future of risk management.
- Qualifications: Master’s in Mathematical Finance and experience in risk management required.
The predicted salary is between 70000 - 90000 € per year.
ICE Clear Europe’s Clearing Risk Department ("CRD") is looking for a front‑office risk manager. The successful candidate will work closely with the senior management in overseeing and shaping the risk management practice at one of the largest futures and options clearing houses in the world. You will be joining a very dynamic team, be exposed to a wide range of asset classes and be challenged with complex risk problems. You will be responsible for managing all aspects of the day‑to‑day risk management and drive improvement and enhancements, including identifying, developing and overseeing the implementation of new risk management tools and techniques to enhance the risk management process and risk controls. You will also contribute towards the design and implementation of new risk initiatives and products that benefit the business.
Responsibilities
- Identify areas where the risk models, risk management processes, or infrastructure can be improved.
- Assist with designing and implementing improvement and enhancements to models, risk infrastructure, and processes.
- Act as the project lead in seeing it through completion.
- Frequent communication with representatives from clearing members, risk committees and senior management of Intercontinental Exchange (ICE).
- Strike the right balance between complying with global regulatory standards and achieving commercial business requirements.
- Ensure the risk management framework and risk policies are being adhered to and are consistent with regulatory and industry standards.
- Monitor model performance tests and assess the appropriateness of models in order to demonstrate policy adherence.
- Conduct mathematical/statistical analysis to calibrate and enhance risk models.
- Collaborate with colleagues on key policy and methodology development.
- Documentation of risk policies and models to clearing members, regulators, risk committees and other governance bodies.
- Conduct project work and run thematic or ad‑hoc market research on relevant risk topics.
- Set examples to a team of risk analysts to foster a strong risk culture.
Knowledge and Experience
- Master’s Degree in Mathematical Finance or equivalent degree.
- Attention to detail and strong problem solving skills with the ability to balance trade‑offs.
- Must have demonstrable experience in a role of the same or equivalent level and/or relevant professional experience in risk management and/or risk systems.
- At least some of this experience will have been gained in an investment bank, hedge fund or clearing house.
- Strong knowledge in financial derivatives products in one or more asset classes (e.g. oil, power, gas, interest rates, equity, softs).
- Proven ability to apply risk management models and techniques such as Value at Risk models, Liquidity Risk models, backtesting and stress testing models.
- Ability to be a team player and to help with creating a strong risk culture.
- Proven ability to conduct research, analyze problems, formulate and implement solutions in an efficient, effective and independent manner.
- Excellent written and verbal communication skills, and comfortable in communicating risk issues to senior management for decision‑making purposes.
- Experience with SQL and Python preferred.
Senior Manager, Risk employer: ICE
ICE Clear Europe is an exceptional employer, offering a dynamic work environment where you will be at the forefront of risk management in one of the largest futures and options clearing houses globally. With a strong emphasis on employee growth, you will have the opportunity to lead innovative risk initiatives while collaborating with senior management and industry experts. Our inclusive culture fosters teamwork and encourages professional development, making it a rewarding place to build your career in the heart of London’s financial district.
StudySmarter Expert Advice🤫
We think this is how you could land Senior Manager, Risk
✨Tip Number 1
Network like a pro! Reach out to people in the industry, especially those working at ICE or similar firms. A friendly chat can open doors and give you insights that job descriptions just can't.
✨Tip Number 2
Prepare for interviews by brushing up on your risk management knowledge. Be ready to discuss specific models and techniques you've used, and how they can apply to the role. Show us you're not just a fit on paper!
✨Tip Number 3
Don’t forget to showcase your problem-solving skills! During interviews, share examples of how you've tackled complex risk issues in the past. We want to see your thought process and how you approach challenges.
✨Tip Number 4
Apply through our website! It’s the best way to ensure your application gets seen by the right people. Plus, it shows us you're genuinely interested in being part of our team at ICE Clear Europe.
We think you need these skills to ace Senior Manager, Risk
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Senior Manager, Risk role. Highlight your experience in risk management and any relevant projects you've led. We want to see how your skills align with what we're looking for!
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you're passionate about risk management and how you can contribute to our team. Be specific about your achievements and how they relate to the job description.
Showcase Your Technical Skills:Don’t forget to mention your technical skills, especially in SQL and Python. If you've used these tools to enhance risk models or processes, let us know! We love seeing candidates who can bring technical expertise to the table.
Apply Through Our Website:We encourage you to apply through our website for a smoother application process. It helps us keep track of your application and ensures you don’t miss out on any important updates from us!
How to prepare for a job interview at ICE
✨Know Your Risk Models
Make sure you brush up on the risk management models relevant to the role, like Value at Risk and Liquidity Risk models. Be ready to discuss how you've applied these in your previous roles and any improvements you've made.
✨Showcase Your Problem-Solving Skills
Prepare examples of complex risk problems you've tackled in the past. Highlight your analytical skills and how you balanced trade-offs while ensuring compliance with regulatory standards.
✨Communicate Effectively
Since you'll be liaising with senior management and various stakeholders, practice articulating risk issues clearly. Use straightforward language and be prepared to explain technical concepts without jargon.
✨Demonstrate Team Spirit
Emphasise your ability to work collaboratively within a team. Share experiences where you fostered a strong risk culture or led a project that required teamwork, showcasing your leadership potential.
