Vice President, Non-Traded Market Risk
- London, England, United Kingdom London England GB
- Permanent, Full time
- 16 Aug 18 2018-08-16
See job description for details
We're hiring into NatWest Markets' Non-traded Market Risk team in London at Vice President level
- This role is a chance to join the risk function of a newly non-ring fenced bank, helping to set up the market risk management framework for the non-traded treasury functions
- Your work will give you a close relationship with both the business and the markets
- You'll be part of a team with a collaborative and sociable culture, who share ideas and provide each other with strong encouragement and support
- The role is available at vice president level
What you'll do
This is a key role in managing the market risk for NatWest Markets' non-traded and treasury portfolios. You'll carry out a range of daily activities, including reviewing risk reports and limit use, investigating any limit breaches and escalating as appropriate, and preparing and documenting limit sanctions. You'll make sure we understand and accurately represent risk in our market risk systems, and will make sure that we operate an adequate and effective control framework. You'll also contribute to the department's role as subject matter experts on a range of topics related to investment spending under the NatWest Markets transformation programme.
Your responsibilities in your role will include:
- Developing a detailed knowledge of the financial markets, non-traded investment strategies, liquidity management, and key income drivers
- Understanding, reviewing and challenging the trading business's strategies at the portfolio level; highlighting and escalating issues and unusual trading activity
- Contributing to developing our non-traded risk appetite, and implementing the market risk limit framework
- Reviewing trade proposals and non-standard deal documents, and making recommendations on approval
- Designing, implementing and documenting stress testing methodologies
The skills you'll need
We're looking for someone with strong experience in non-traded market risk at a major bank, who has understanding of liquidity management for a trading book and experience setting up and managing market risk frameworks. You'll have detailed knowledge of market risk management techniques and an understanding of the products traded by the relevant businesses. You should also have good understanding of relevant regulations, including CRD IV.
We'll also expect:
- Deep understanding of market dynamics and products, and of the associated risks
- Strong technical problem solving and analytical skills
- Proven communication and influencing skills, with the ability to challenge the business on its risk taking and to clearly and concisely convey complex technical concepts
- Strong Excel skills
How we'll reward you
In return, we offer a competitive salary plus 25% cash and benefit funding programme that can be tailored to suit your individual needs. In addition, we provide a wide selection of exclusive lifestyle offers, development and learning programmes, services and support designed to help you manage and balance your work/life priorities.
Visit our reward and benefits page for more information on the benefit packages we offer.
At RBS, we want everyone to feel welcome, regardless of your background or needs. If you need adjustments making to your working environment, we'll do everything we can to support you. As part of this commitment, we offer flexible working options for some of our roles - find out more .
As a Financial Services organisation we comply with and support the requirements set by our Regulator, the Financial Conduct Authority (FCA), which are designed to protect our customers. This role falls under Conduct Rules of the Individual Accountability Regime (IAR) and is subject to pre-employment screening. This means if your application is successful, you'll need to satisfy some important background checks before you can start working with us. These will include a full credit check, a criminal record check, residency and right to work checks.