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AVP - Market Risk Management

  • Location:

    London

  • Sector:

    Risk

  • Job type:

    Permanent

  • Contact:

    Octavian Donnelly

  • Contact email:

    octavian@rutherfordsearch.com

  • Contact phone:

    020 3778 0874

  • Job ref:

    DOO11525_6

  • Published:

    16 days ago

  • Expiry date:

    2022-12-21

​​Our Client

Our client is a well-respected global banking and financial services group, headquartered in the UK. They are currently looking to build out their Collateral Risk Management team in their main London offices (Canary Wharf).

Main Duties

This position sits within the Collateral and Risk function, as an experienced AVP within the Margin Requirements for Derivatives team. It has a responsibility to control, calculate, monitor and report the BCBS 261 initial margin regulatory requirement at regional and group level.

Key responsibilities for this position will include, but are not limited to:

  • Reviewing & understanding the regulatory framework for BCBS 261

  • Working with all stakeholders on the End-to-End delivery of Uncleared Margin Rule (UMR) initial margin

  • Writing and reviewing BRDs across functions

  • Engage in dispute resolutions

  • Working in the development of Collateral & Risk framework for IM

  • Working on developing joint work with Collateral Management and FO

  • Ensure that deadline set for Collateral & Risk are delivered in a timely manner

  • Ensure completeness & accuracy of submitted data

  • Assist in the development of strategic tools

  • Perform a thorough review of the final data expected to be submitted by Collateral & Risk to downstream users (e.g., Collateral Management Team).

Your Profile

  • Market Risk Management at AVP or Associate Level

  • 3-5 yrs experience within a Market Risk function

  • Good academic background – strong preference for STEM degree (min. BSc, MSc desirable)

  • Strong knowledge of the asset class (FX, Equity and Fixed Income).

  • Knowledge of financial products and key market risk concepts, such as risk sensitivities, VaR, scenario analysis and capital is required.

  • Candidates must be diligent, analytical and pro-active, with a desire to mentor and build a strong team ethic.

For more information about this position, please get in touch with Octavian Donnelly.
Email: octavian@rutherfordsearch.com
Phone: 020 3778 0874
Reference Code: 11525

About Rutherford
Rutherford is a boutique search firm located in London. Our consultants are the executive specialists in compliance recruitment, and also in financial crime, legal and cyber security, all within the financial and professional services sectors in the United Kingdom and New York. We use our carefully curated relationships, networks and market knowledge to find the best fit for the clients in hand. We work with a wide range of clients, spanning from advisors, management consultants, corporate and commercial banks, brokers, exchanges, MTFs and financial tech, through to global investment managers, hedge funds, private equity firms, investment banks and technology firms. We began as a compliance recruitment firm in London and expanded to offer new resourcing expertise across legal and cyber recruitment. We have been a leading legal and compliance search agency in London for a decade and are excited about bringing our expanded offering into the technology area.