Job Description:
Risk Management Professional
We are seeking a skilled Risk Specialist to join our team. This individual will be responsible for overseeing and controlling First Line of Defence (1LOD) activities, ensuring rigorous oversight and control.
Key Responsibilities:
* Validate margin and stress models annually and upon request.
* Conduct daily controls and analyses including instrument, portfolio, statistical back-tests, concentration monitoring, Key Risk Indicators (KRIs), liquidity, and anomaly detection.
* Perform monthly sensitivity tests, internal rating scoring, AI innovation developments, Risk Disclosure, BANKIT liquidity/stress reporting, ESMA monthly reports, and EACH activities.
* Quarterly tasks include reverse stress testing, IOSCO disclosures, and ERC organization.
* Annual responsibilities cover internal rating calibration, default management coordination, recovery and resolution planning, collateral and investment policy reviews, and fire drills.
* Biannual ESMA stress tests and daily margin/stress test result monitoring, including IOSCO responsiveness analyses and Margin APC monitoring.
The ideal candidate will possess strong analytical skills and familiarity with CCP risk management practices. They should also be able to engage effectively with internal stakeholders and regulators, demonstrating a proactive mindset, detail-oriented approach, and proficiency in quantitative risk methodologies.
This role requires advanced knowledge of financial risk metrics (VaR, Expected Shortfall, Sensitivity Analysis) and proficiency in Python or other programming languages used for risk analytics. The successful candidate will also have excellent communication and presentation skills, enabling them to clearly convey complex risk information.
Experience with regulatory reporting (EMIR, ESMA, IOSCO) and compliance requirements is essential. Additionally, the ability to manage multiple tasks simultaneously under tight deadlines is crucial. A Bachelor's degree in Finance, Economics, Mathematics, or a related quantitative discipline; advanced degrees or relevant certifications (FRM, CFA) preferred.
We value diversity and inclusion in our workplace and welcome applications from individuals who share our commitment to these values.