FRTB Policy & Governance Manager - Investment Banking (Client Side)

Pran IT Consulting; London; Hybrid; GBP 120,000 - 150,000; Full time

Job summary

A leading IT consulting firm is seeking a FRTB Policy & Governance Manager to join their Risk Management team. The role involves developing and implementing market risk frameworks, collaborating with senior stakeholders, and ensuring compliance with regulatory standards. The successful candidate will leverage their analytical skills and experience in market risk assessment to drive risk management initiatives within a top-tier Investment Bank.

Qualifications

• Minimum 3-5 years in market risk policy and governance frameworks.
• Proven experience remediating Market Risk Assessments (MRAs).
• In-depth understanding of Market Risk domain and regulatory requirements.

Responsibilities

• Lead development of FRTB market risk framework.
• Ensure alignment of market risk policies with regulatory requirements.
• Identify emerging market risks and propose remedial actions.

Skills

Stakeholder Management

Communication

Analytical Skills

Risk Analysis

Python

SQL

Job description

FRTB Policy & Governance Manager - Investment Banking (Client Side)

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London, UK

Job Type

Full Time

Workspace

Hybrid

About the Role

Our client is seeking a highly motivated Market Risk Business Analyst to join their growing Risk Management team. In this role, you will play a critical part in identifying, measuring, and reporting market risk across trading activities and investment portfolios. You will leverage your strong analytical and programming skills to build and maintain robust risk models and data pipelines, ensuring the accuracy and efficiency of their risk management framework.

Requirements

Responsibilities:

Lead the development and implementation of the FRTB market risk framework for global Investment Banking Clients.

Partner with Enterprise Risk Management teams and collaborate with stakeholders across the organization, including senior Risk Managers and Desks, to define and implement effective risk policy frameworks and standards for the Market Risk function.

Ensure alignment of market risk policies and procedures with regulatory requirements.

Proactively identify emerging market risks, control gaps, and deficiencies, and propose appropriate remedial actions.

Develop and maintain procedures for monitoring and managing market risk.

Define reporting requirements and ensure effective internal reviews and external examinations are conducted with clear and documented results.

Provide specialized market risk expertise and guidance to management and the business.

Identify and prioritize areas of market risk for analysis.

Evaluate and establish risk limits based on the bank's risk appetite, regulatory requirements, and historical data.

Review and update the market risk management policy to reflect changes in the bank's risk profile, regulations, and market conditions.

Collaborate with the FRTB Framework team and other Market Risk teams to establish reporting for senior management.

Skills and Qualifications:

Minimum 3-5 years of experience in defining, reviewing, and building risk policy and governance frameworks for the market risk function within a global markets division (mandatory).

Proven experience in remediating Market Risk Assessments (MRAs) and Market Risk Issue Assessments (MRIAs).

Strong communication skills with the ability to effectively communicate complex FRTB and market risk topics to senior stakeholders across the organization.

Consulting or relevant work experience, with the ability to independently manage

multi-stakeholder projects or multiple teams on a project.

In-depth understanding of Market Risk domain including processes, methodologies, market and reference data, and governance and controls.

Ability to work with data, analyze complex information, and utilize statistical and mathematical models for risk assessment.

Working knowledge of regulatory requirements and standards related to risk management, including Basel III, Dodd-Frank, and others.

High level of attention to detail for analyzing financial data and assessing risk.

Excellent communication and documentation skills for collaboration with business and technology stakeholders and team members.

Experience with Python and SQL is a plus.

Salary up to 150k and benefits package

Opportunity to work for a leading provider of research and analytics services to the financial sector.

Work on challenging and impactful projects that directly benefit a top-tier Investment Bank.

Collaborative and fast-paced work environment.

We are a leading recruitment/IT services company. We are working with Global IT Services company to look for a suitable candidate to join a team of passionate professionals dedicated to fostering connections between top IT talent and leading financial institutions. We partner with Fortune 500 banks and IT services firms, leveraging our deep understanding of the finance industry to identify the most sought-after positions for highly skilled candidates.