A top-tier American Investment Bank is looking to hire a Head of Market Risk to manage the market risk at an executive level across the bank's Capital Markets business. This role will involve leadership of an expanding team that's accountable for designing, implementing, and operating the bank's strategic risk framework for Capital Markets. The framework involves managing risk identification and risk assessments, central risk monitoring, implementing FRTB controls, and risk governance. This individual will manage a growing, global team across the US and UK, and will be a direct point person for Traders, Quants, Technology, etc.
The bank is looking for a Market Risk SME with deep knowledge across the asset classes, a proven track record of leading teams, and the ability to be a face for regulators. This position will sit in the first line of defense and will liaise heavily with the broader risk management function. This individual will have mandate for build out this team significantly in 2022, so it's a pivotal hire for the business.
Design a strategic risk framework to drive effective risk remediation
Implement a first line market risk control framework that delivers enhanced risk reporting and governance
Implement a front to back risk factor sensitivities taxonomy with governance and change management
Enhance market risk limit management capabilities including central risk monitoring
Strengthen large, complex, and illiquid trade approval workflow
Implement an ongoing testing and continuous monitoring framework
Serve as a lead on the Governance Committee
Partner with Technology to deliver infrastructure enhancements
Work with the 2nd line of defense to support market risk violation assessments