International Association of Risk and Compliance Professionals (IARCP)
www.risk-compliance-association.com
Job Description 1:
Director Risk Manager Fixed Income
Compensation: Total 300-350k
Market Risk - Accountable for the identification and assessment of
market risks in the covered businesses, and also ensuring consistency
with the Banks risk appetite and the approval business mandate.
This will require using system provided data as well as generating
customized sensitivities for newer and more complex products.
NY Market Risk Management Liaison - Act as the eyes and ears of
Global Risk Management, on the New York trade floor.
First point of contact with New York trade desk on discussing of limits,
one off exceptions, strategy etc.
This role also requires ability to work independent of direct
management.
P&L and risk Attribution - Ensure the reported daily P&L of New York
Rates business is carefully scrutinized to understand risk taking
activities and valuation issues.
P&L attribution by risk factor is integral to this process to test accuracy
of risk sensitivities.
Valuation - Accountable for ensuring that portfolios are valued properly
and in accordance with bank standards, including the execution and
documentation of valuation processes.
Risk Limits - Accountable for preparing analysis and recommendations
on new products and other market risk limit issues, including limit
structure and amounts, for presentation to the Market Risk Management
and Policy Committee.
