Reporting
directly to Head of Commercial Banking Market Risk, this is an exciting
Deputy Head role for a challenge hungry Market Risk Oversight Manager.
Main Accountabilities:
To
provide oversight of divisional risk functions with the objective of
ensuring risk management continues to meet the requirements of the
Group, regulatory authorities and the standards of industry best
practice.
- To provide risk management and assistance to
divisional risk functions to ensure Market Risk management remains fit
for purpose as Commercial Banking expands into new products and new
businesses.
- Ability to drill down to product level and measure risk on individual non traded market risk products
- To
provide assurance as to the accuracy and relevance of risk measures as
reported at the Group level and externally, and to ensure divisions
remain at all times within delegated ALM/market risk limits.
- To
work proactively with Commercial Banking division in support of the
above and, in particular, to sit on divisional ALCOs and to work
closely with divisional risk teams.
- To contribute to the continuing development of Group policies on the management of ALM/market risk
Essential
- Sound theoretical and practical understanding of ALM and market risk management.
- Experience of products and services within retail and commercial product risk.
- Experience of Basel II / RWA Constraints / Counterparty Risk
- Track record of management experience in this area.
Desireable:
- Knowledge of regulatory requirements relating to market/ALM risk.
- Understanding/experience of market risk in a trading/Treasury environment