Market Risk Manager - Credit Products

Senior credit trading market risk manager for a global investment bank

 

Responsibilities:

 

· Determination of the daily risk position, ensuring completeness in capturing all risk positions on the desk

· Setting limits and monitoring of risk positions against these market risk limits, (both DVaR and non DVaR limits)

· Informing senior management of all significant market risks, material limit excesses and general market trends or developments

· Performing quantitative and qualitative analysis and stress tests of risk positions on the desk

· Challenging, where appropriate, market risk and model risk existing on the desk

· Perform stress tests to determine circumstances under which the businesses would incur material losses

· Identify possible weaknesses in the DVAR methodology, implement non-DVAR risk measures to capture these risks and monitor them on an on-going basis

· Work with the business to establish a risk management framework and risk models for any new business lines/products

· Make hedging recommendations to enhance return on capital

 

Requirements:

 

· 5+ years Credit Trading Market Risk experience within an investment bank.

· Strong knowledge of US Flow/prop non-correlation credit products, HY, HG, Distressed, Special situations, loans.

· Stress testing, limit setting, broad VAR methodology exposure

· Good communication skills. Daily interaction with traders / senior managers

· Strong IT skills including Excel, VBA and familiarity with databases (MS Access, SQL preferred)

 

For immediate consideration, please forward resume and contact details to: info@ashtonlanegroup.com

 

Ashton Lane Group is a boutique executive recruitment firm serving the Banking, Insurance, and Alternative Investment sectors. For the latest opportunities, visit www.AshtonLaneGroup.com

 

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