To identify, measure and manage the firm’s financial risks.
RAR is responsible for the measurement and reporting of all credit risk and Economic Risk Capital, designing credit risk policies, risk model building and validation and for managing the development and implementation of all risk systems.
Role
Overview
Credit Risk Reporting Sub-Department is split between London (mainly IB credit risk reporting), Zurich (mainly PB credit risk reporting) and Singapore (mainly IB credit risk reporting)
The role in discussion is that of the manager of the London based teams
There are two London-based teams: Counterparty Risk Reporting and Country Risk Reporting. They are transitioning from focus on production and control to value add analysis and interpretation, key stakeholder service (Exec mgmt, snr risk mgmt, credit risk mgmt, trading mgmt), strategic system change and quality / control improvement
Singapore teams are growing with goal of owning production of majority of structured regular credit and country risk reports on the IB side
Function reports to Head of Global Credit Risk Reporting based in Zurich
Key responsibilities
Day to day mgmt of team (~18 FTE)
Leading review / analysis/ interpretation of all key credit and country risk reports
Leading all issue management related to counterparty credit risk MI and country risk
Driving coordination and alignment (where necessary) of approach between counterparty credit risk / country risk and equivalent market risk teams
Driving strategic change of infrastructure for production of timely, accurate credit and country risk MI
Candidate Profile
Essential
Experienced risk professional in leading global institution from either strong credit risk or market risk background
Proven team manager and leader
Proven change manager and leader
Strong communicator of strategic goals, risk topics and issues
Detailed experience of working with and/or developing/producing quality risk management information for a variety of stakeholder groups e.g. boards/exec mgmt, risk committees, trading management
Preferred
Good knowledge of credit risk measurement techniques e.g. EPE/PE
Good knowledge of credit risk trading measures and techniques e.g. CS01, VaR
Good knowledge/experience of emerging markets risks and issues (trading risk and/or credit risk)
Languages: Fluent in English as must; other European languages (esp German, French) would be a plus
eFinancialCareers is a Dice Holdings, Inc. company.
Dice Holdings, Inc.
is a publicly traded company listed on the New York Stock Exchange (Ticker: DHX)