Senior Manager

The Market Risk Management Expert oversees multiple teams through senior managers. In-depth understanding of how own sub-function contributes to achieving the objectives of the function.

A good understanding of the industry, direct competitors' products and services, is also necessary in order to contribute to the commercial objectives of the business. Requires thorough understanding of strategic direction of the function within the relevant part of the business, combined with a solid conceptual/practical grounding in both the function and/or area of expertise and related subject areas.

Excellent communication skills required in order to negotiate internally, often at a senior level. Some external communication/negotiation may be necessary.

• Responsible for executing functional strategy in area managed.
• Determines approach to implementing functional strategy.
• Accountable for end results, planning, policy formulation and contribution to future strategy of the area(s).

Impact reflects size of team managed, strategic influence on the business and interaction with other functions or businesses.

Full management responsibility for multiple teams, including management of people, planning, to include duties such as performance evaluation, compensation, hiring, disciplinary actions and terminations.

May be doing involved or responsible for diverse (cross-discipline) activities.

Typically, a direct report to a senior leadership role and function as an integral member of the functional leadership team within a country/site location, job family, or line of business.

• Measuring, monitoring and analyzing the organization's market risk exposure on a day-to-day and long-term basis for various financial products.
• Market risk pertains to potential loss due to market movements such as changes in interest rates, equity prices, credit spreads and foreign exchange rates.
• Individuals monitor trading limits and are responsible for approving transactions over certain established limits.
• Work with traders or trading management and recommend actions to mitigate risk.

Structures solutions to mitigate risks of those products. Identifies, monitors and analyzes risks in the market specific portfolios. Identifies, examines and preserves major drivers of risk and returns, analyze trends and explain changes. Analyzes standard loss measures, risk return metrics, and the risk appetite framework.

Reviews scenario analysis to assess potential financial impact to the business. Economic and regulatory risk capital concepts and analyzes major drivers. Participates in the methodology setting for Value at Risk (VaR) and reviews inputs/outputs of VaR as well as Profit and Loss (P&L) back testing.

Considers limit exception requests, model validation requests, and permitted product requests. Considers market risk approval for new model validations and well as existing model revalidations.

Maintains detailed records of all interactions with vendors and partners, and proactively seeks out innovative solutions to support overall business success.

• Qualifications: 15+ years relevant experience.
• Subject Matter Expert in financial instruments, risk metrics and Market Risk Management.
• Expert analytical, technical and quantitative skills.
• Expert knowledge of treasury, market risk and liquidity management and knowledge of secured financing, securitization, and derivative products.
• Excellent written and verbal communication skills.
• Must be a self-starter, flexible, innovative and adaptive.
• Highly motivated, attention to detail, team oriented, organized.
• Highly developed presentation skills with the ability to articulate complex problems and solutions through concise and clear messaging.
• Ability to interact and communicate effectively with senior leaders.
• Demonstrated ability to assess complex issues through root cause analysis and other analytical techniques; structure potential solutions; drive to resolution with senior stakeholders.
• Ability to influence and lead people across cultures at a senior level using sound judgment and successful execution, understanding how to operate effectively across diverse businesses.
• Comfort navigating complex, highly-matrixed organizations.
• Excellent project management and organizational skills and capability to handle multiple projects at one time Proficient in Microsoft Office applications (Excel/ Visual Basic for Applications (VBA), Word, Power Point) and Structured Query Language (SQL).
• Programming/modeling experience.
• Chartered Financial Analyst (CFA) or Financial Risk Management (FRM).

• Bachelor's/University degree, Master's degree preferred and managerial experience.