1st Line Risk Director - Barclay Simpson
The Client seeks a Director, Risk (Rates) to join its Risk function focusing on market risk management. The role suits an experienced VP or Director from a leading bank or financial institution with strong rates risk expertise, capable of operating hands‑on in a technical, fast‑paced environment.
The successful candidate will enhance and execute risk‑management practices across Rates and Equities, ensuring frameworks and controls remain robust and commercially aligned. Working closely with senior management, quants, and front‑office stakeholders, they will help drive the firm’s risk strategy, model development, and control effectiveness.
Responsibilities
- Partner with front‑office and quantitative teams to challenge models and improve methodologies.
- Conduct deep dives into risk exposures and present clear, actionable insights to senior stakeholders.
- Perform VaR, stress testing, and scenario analysis on rates and equity derivatives.
- Manage projects and BAU tasks independently with attention to detail and delivery focus.
- Contribute to model and process improvements, governance materials, and regulatory deliverables.
- Lead and enhance market risk frameworks for Rates and Equities, ensuring strong quantitative and practical execution.
- Collaborate with and guide junior team members, fostering analytical excellence.
Knowledge and Experience
- Senior Market Risk Manager or VP/Director with front‑office risk experience from a top‑tier financial institution.
- Strong technical background in Rates, capable of challenging quants and understanding derivatives pricing and risk drivers.
- Proficiency in risk measures such as VaR, stress testing, and exposure analysis.
- Hands‑on, organized, and delivery‑focused, capable of managing complex projects independently.
- Strong Python/SQL and analytical skills.
- Excellent communicator — able to simplify complex quantitative topics for senior audiences.
- Managerial experience optional, but must be collaborative and able to guide junior staff.
- Degree or postgraduate qualification in Mathematical Finance, Financial Engineering, or a related discipline.
Seniority Level
- Director
Employment Type
- Full‑time
Job Function
- Finance and Sales
