Risk Manager

  • Market rate
  • London, England, United Kingdom London England GB
  • Permanent, Full time
  • Saxton Leigh
  • 18 May 18 2018-05-18

Our client is part of one of the world's leading financial groups with offices based in the City. They are looking to hire an experienced risk professional to manage the team.

THE COMPANY:

Our client is part of one of the world's leading financial groups with offices based in the City. They specialise in securities trading.  

 

THE RESPONSIBILITIES:

  • Day to day running of the Risk Management department (3 members of staff);
  • Ensuring there is an effective and robust risk management framework within the firm that is in line with the Firm’s Risk Appetite, applicable regulatory requirements and the parent company’s policies;
  • Day to day management of the Risk Management team, including oversight of risk monitoring;
  • Ensuring effectiveness of risk identification processes and that the department is proactive and forward looking;
  • Creating and updating Risk Management policies, procedure and reports, including annual SYSC report to the Board of Directors;
  • Ensuring effective processes are in place for the management and monitoring of exposures and limits, in line with applicable regulations and client mandates;
  • Liaising with Senior Management and department heads to embed a risk conscious culture, identify and investigate risk events and root causes and support the business in improving controls;
  • Carry out staff training on risk management, including induction and error awareness training;
  • Assessing risks for new business, products or changes to activities;
  • Co-ordination of the Business Continuity Plans together with the BCP Committee;
  • Management of the firm’s ICAAP and ILAA in line with FCA IFPRU rules and CRD IV Pillar 2
  • Creation of the CRD IV Pillar 3 Disclosures;
  • Updating the Recovery and Resolution Plans for the firm in line with FCA rules and reporting to the regulator on these;
  • Preparing agenda and reports to present to Senior Management at the monthly Risk Committee and Operational Risk Committee meetings.

 

EXPERIENCE REQUIRED:

  • Experience in a Risk Management role in a financial services, securities, related environment;
  • Good knowledge of risk management concepts, tools and methodologies, in particular for operational risk – qualification in Risk Management, Securities or related subjects preferable;
  • Understanding of Credit, Market and Liquidity risk management in a securities environment;
  • Understanding of EU CRD IV Pillar 2 and 3 requirements and FCA IFPRU rules as they apply to a non-significant IFPRU firm;
  • Knowledge of regulations in respect of Recovery and Resolution Planning, Liquidity Risk Management and Business Continuity;
  • General securities product knowledge – in particular fixed income and securities financing;
  • Proven ability to write reports and to communicate at a senior level;
  • Some team management experience preferable