At a Glance
- Tasks: Monitor and analyse market risk in foreign exchange trading, ensuring accurate reporting and insights.
- Company: Join RBC Capital Markets, a leader in financial services with a collaborative culture.
- Benefits: Enjoy competitive pay, bonuses, flexible benefits, and world-class training opportunities.
- Other info: Great career growth potential and opportunities to work on innovative projects.
- Why this job: Make a real impact in finance while learning from industry experts in a dynamic environment.
- Qualifications: Basic understanding of financial markets and strong attention to detail required.
The predicted salary is between 55000 - 65000 € per year.
The Market Risk London team is responsible for monitoring, analysing, and reporting on market risk exposure stemming from the European trading activity within RBC Capital Markets, RBC Investor Services and RBC Wealth Management in Europe. The Market Risk Manager is responsible for accurate and timely risk reporting, ongoing monitoring and producing analysis of market risk taken by linear and non-linear Foreign Exchange trading desks (FX Spot, FX EM, FX Forwards) while also overseeing the deal‑contingent IR/FX derivatives portfolio. This role will also be responsible for managing ad‑hoc medium‑term projects to hard deadlines and collaborating with other stakeholders, with support from Director, Market Risk where required. This is a permanent, full‑time role and requires 4 days in the office at our London Bishopsgate office.
Primary Responsibilities
- Assist in monitoring and reporting market risk exposures, including risk limits, material exposures, and concentrations, under supervision.
- Support timely investigations and escalations of key risks, exposure changes, or breaches, with guidance from senior team members.
- Develop foundational knowledge of financial products, associated risks, and drivers of P&L, VaR, and stress metrics.
- Contribute to risk analysis for emerging risks, limit extensions, and ad‑hoc trading requests, with oversight from experienced colleagues.
- Assist in tracking market developments and providing insights on emerging concerns or potential impacts.
- Support assessments of new business initiatives or requests, ensuring risks are identified and communicated appropriately.
- Collaborate with the Business, Technology, and Enterprise Risk teams on projects and risk issues, with a focus on learning and contributing to team goals.
- Serve as a junior contact for Market Risk on risk reporting and processes for assigned desks, under senior guidance.
- Assist in improving risk management and reporting infrastructure, with opportunities to contribute to coding and AI tool projects.
Must‑have
- Basic understanding of financial markets or quantitative concepts (e.g., through coursework, internships, or projects).
- Strong attention to detail and ability to work in a fast‑paced environment.
- Motivated learner with a willingness to work independently and collaboratively.
- Good communication and interpersonal skills, with the ability to interact with diverse teams.
- Proficiency in English, both oral and written.
- Familiarity with Python, Bloomberg, or Excel (basic to intermediate level).
Nice to have
- Degree in Quantitative Finance, Finance, Economics, or a related field.
- Progressing toward or completion of CFA/FRM or a relevant Master's degree.
- Basic understanding of Greeks, VaR, stress testing, or scenario analysis.
- Prior internship or project experience in finance or risk management.
What is in it for you?
- A comprehensive Total Rewards Program including bonuses, flexible benefits and competitive compensation.
- Leaders who support your development through coaching and managing opportunities.
- Opportunities to work with the best in the field.
- Ability to make a difference and lasting impact.
- Work in a dynamic, collaborative, progressive, and high‑performing team.
- A world‑class training program in financial services.
Risk Manager - Foreign Exchange (London) employer: Royal Bank of Canada
RBC Capital Markets is an exceptional employer, offering a dynamic and collaborative work environment in the heart of London. With a strong focus on employee development, you will benefit from world-class training programs and the opportunity to work alongside industry leaders, all while contributing to meaningful projects that have a lasting impact. Our comprehensive Total Rewards Program ensures competitive compensation and flexible benefits, making RBC a rewarding place to grow your career in finance.
StudySmarter Expert Advice🤫
We think this is how you could land Risk Manager - Foreign Exchange (London)
✨Tip Number 1
Network like a pro! Reach out to people in the industry, attend events, and connect on LinkedIn. You never know who might have the inside scoop on job openings or can put in a good word for you.
✨Tip Number 2
Prepare for interviews by researching the company and role thoroughly. Understand their market risk strategies and be ready to discuss how your skills align with their needs. Practice common interview questions to boost your confidence.
✨Tip Number 3
Showcase your skills! If you’ve got experience with Python, Bloomberg, or Excel, make sure to highlight that during interviews. Bring examples of how you've used these tools in past projects or internships.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets seen. Plus, we love seeing candidates who are proactive about their job search.
We think you need these skills to ace Risk Manager - Foreign Exchange (London)
Some tips for your application 🫡
Tailor Your CV:Make sure your CV reflects the skills and experiences that match the Risk Manager role. Highlight any relevant coursework, internships, or projects that showcase your understanding of financial markets and risk management.
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you're passionate about market risk and how your background makes you a great fit for our team. Don’t forget to mention your motivation to learn and collaborate!
Showcase Your Skills:If you've got experience with Python, Bloomberg, or Excel, make sure to highlight that in your application. We love seeing candidates who are eager to contribute to coding and AI tool projects, so don’t hold back!
Apply Through Our Website:We encourage you to apply directly through our website. It’s the best way to ensure your application gets into the right hands. Plus, it shows us you’re serious about joining our dynamic team!
How to prepare for a job interview at Royal Bank of Canada
✨Know Your Financial Basics
Brush up on your understanding of financial markets and quantitative concepts. Make sure you can discuss key terms like VaR, Greeks, and stress testing confidently. This will show that you're not just a motivated learner but also someone who can engage in meaningful discussions about market risk.
✨Showcase Your Attention to Detail
During the interview, be prepared to demonstrate your attention to detail. You might be asked to analyse a hypothetical risk scenario or identify potential issues in a given data set. Practise explaining your thought process clearly, as this will highlight your analytical skills and ability to work in a fast-paced environment.
✨Communicate Effectively
Good communication is key in this role, so practice articulating your thoughts clearly and concisely. Be ready to discuss how you've collaborated with diverse teams in the past. Use examples from your coursework or internships to illustrate your interpersonal skills and ability to work well with others.
✨Familiarise Yourself with Tools
Since familiarity with Python, Bloomberg, or Excel is important, make sure you can talk about your experience with these tools. If you’ve worked on any projects or internships where you used them, be ready to share specific examples. This will demonstrate your technical skills and readiness to contribute to the team.
