At a Glance
- Tasks: Lead Market Risk oversight for Credit Trading, ensuring risks are identified and managed effectively.
- Company: Join Standard Chartered Bank, a diverse and inclusive employer making a positive impact globally.
- Benefits: Enjoy competitive salary, flexible working, generous leave, and comprehensive wellbeing support.
- Other info: Be part of a culture that values diversity and continuous learning.
- Why this job: Make a real difference in risk management while collaborating with top professionals in finance.
- Qualifications: Master's degree and substantial experience in Credit Trading Market Risk required.
The predicted salary is between 75600 - 92400 £ per year.
This job is with Standard Chartered Bank, an inclusive employer and a member of myGwork – the largest global platform for the LGBTQ+ business community.
Job Summary
Currently to our office in London we are looking for a Senior Manager (Market Risk) who will join our dynamic Team and support us in:
- Supporting the integrity of the Group's risk and return decisions by providing independent Market Risk oversight of the Credit Trading business, with primary responsibility for ABS, Credit Flow and Loan Trading and broader coverage across Structured Credit, Repo and Financing, Equity, DCM and related trading activities.
- Ensuring that material market risks are appropriately identified, measured, assessed, challenged and controlled in accordance with the Group's Risk Appetite and Risk Management Framework.
- Acting as a senior Market Risk partner to the Credit Trading business, engaging regularly with Heads of Trading and senior business management, particularly those based in London, on portfolio risks, transactions, business strategy and emerging risk issues.
- Exercising delegated Market Risk authority and Risk Control responsibilities within the assigned Credit Trading perimeter.
- Ensuring compliance with applicable regulatory requirements, internal policies and risk governance standards.
Key Responsibilities
Strategy
- Informing the development and execution of the Market Risk strategy for the Credit Trading business, with particular focus on ABS, Credit Flow and Loan Trading.
- Providing independent risk input into business strategy, portfolio development, new products and material transactions across the wider Credit Trading perimeter.
- Anticipating emerging market, liquidity, concentration and structural risks and ensuring that these are appropriately reflected in risk appetite, limits, stress testing and management actions.
- Promoting a strong risk culture and disciplined risk-taking across the business.
Business
- Communicating and implementing the strategic priorities of the Market Risk function across the Credit Trading business.
- Maintaining an effective and constructive relationship with Heads of Trading, desk heads and senior business management, providing timely and credible challenge on risk-taking, portfolio strategy and material transactions.
- Developing and maintaining the Market Risk capabilities, analytics and infrastructure required to support the evolving Credit Trading business.
- Providing an integrated assessment of risk across ABS, Credit Flow, Loan Trading, Structured Credit, Repo and Financing, Equity, DCM and related activities, recognising concentrations and linkages across products.
- Supporting the delivery of relevant internal, senior management and regulatory risk reporting.
Processes
- Overseeing the effective execution of Market Risk processes within the assigned Credit Trading perimeter, including risk identification, limit monitoring, stress testing, escalation and risk reporting.
- Ensuring that material risk exposures, limit excesses, valuation concerns and emerging risk issues are identified, assessed and escalated on a timely basis.
- Ensuring effective management of operational risks within the Market Risk function and compliance with applicable internal policies, laws and regulations.
- Continuously improving the efficiency, consistency and effectiveness of Market Risk oversight across Credit Trading.
- Working with relevant stakeholders to ensure that new products, material transactions and changes to booking or risk management arrangements are subject to appropriate review and approval.
People & Talent
- Upholding and reinforcing the independence of the Market Risk function from the businesses whose risk-taking activities it oversees.
- Leading by example and promoting the appropriate culture, conduct and values across Market Risk and the wider organisation.
- Providing subject-matter guidance and support to Market Risk colleagues and contributing to the development of technical capabilities across the team.
- Building effective working relationships across locations and functions to support consistent risk oversight of the Credit Trading business.
Skills and Experience
- Market Risk Management
- Credit Trading Products and Markets
- Securitised Products / ABS
- Credit Flow and Loan Trading
- Stress Testing and Risk Analytics
- Stakeholder Management and Governance
QualificationsEducation
- Master Degree (or Equivalent) and Higher
Languages
- English
Substantial experience in Credit Trading Market Risk, trading, structuring or a closely related risk discipline, with strong knowledge of ABS, Credit Flow and/or Loan Trading. Broad understanding of the wider Credit Trading product spectrum, including Structured Credit, Repo and Financing, Equity, DCM and related trading activities. Strong technical understanding of market risk measurement and management, including sensitivities, stress testing, scenario analysis, concentration risk, liquidity risk, valuation uncertainty and risk appetite frameworks. Strong business and risk judgement, including the ability to assess complex or material transactions and evaluate risk-adjusted returns. Demonstrated ability to engage with, influence and provide credible independent challenge to Heads of Trading, senior business management and control-function stakeholders. Ability to communicate complex risk matters clearly and concisely to senior management and governance forums. Experience operating across a geographically dispersed organisation and managing multiple products and stakeholder groups. Strong analytical, organisational and interpersonal skills, with the ability to manage competing priorities and respond effectively to market events. Relevant academic or professional qualifications in finance, economics, mathematics, engineering or a related discipline.
About Standard Chartered
We're an international bank, nimble enough to act, big enough for impact. For more than 170 years, we've worked to make a positive difference for our clients, communities, and each other. We question the status quo, love a challenge and enjoy finding new opportunities to grow and do better than before. If you're looking for a career with purpose and you want to work for a bank making a difference, we want to hear from you. You can count on us to celebrate your unique talents and we can't wait to see the talents you can bring us.
Our purpose, to drive commerce and prosperity through our unique diversity, together with our brand promise, to be here for good are achieved by how we each live our valued behaviours. When you work with us, you'll see how we value difference and advocate inclusion.
Together we:
- Do the right thing and are assertive, challenge one another, and live with integrity, while putting the client at the heart of what we do
- Never settle, continuously striving to improve and innovate, keeping things simple and learning from doing well, and not so well
- Are better together, we can be ourselves, be inclusive, see more good in others, and work collectively to build for the long term
What we offer
In line with our Fair Pay Charter, we offer a competitive salary and benefits to support your mental, physical, financial and social wellbeing. Core bank funding for retirement savings, medical and life insurance, with flexible and voluntary benefits available in some locations. Time-off including annual leave, parental/maternity (20 weeks), sabbatical (12 months maximum) and volunteering leave (3 days), along with minimum global standards for annual and public holiday, which is combined to 30 days minimum. Flexible working options based around home and office locations, with flexible working patterns. Proactive wellbeing support through Unmind, a market-leading digital wellbeing platform, development courses for resilience and other human skills, global Employee Assistance Programme, sick leave, mental health first-aiders and all sorts of self-help toolkits. A continuous learning culture to support your growth, with opportunities to reskill and upskill and access to physical, virtual and digital learning. Being part of an inclusive and values driven organisation, one that embraces and celebrates our unique diversity, across our teams, business functions and geographies - everyone feels respected and can realise their full potential.
Senior Manager, Market Risk employer: Standard Chartered Bank
Standard Chartered Bank is an exceptional employer, offering a dynamic and inclusive work environment in London where employees can thrive both personally and professionally. With a strong commitment to employee wellbeing, competitive benefits, and a culture that values diversity and continuous learning, you will have the opportunity to make a meaningful impact while advancing your career in the financial sector.
StudySmarter Expert Advice🤫
We think this is how you could land Senior Manager, Market Risk
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We think you need these skills to ace Senior Manager, Market Risk
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