Market Risk Management Oversight
The Major International Bank is expanding its team and seeking a Market Risk Management Specialist. This role oversees a Market Risk Governance framework, ensuring compliance with regulatory requirements such as CFTC, NFA, FRB, and FRTB. Key responsibilities involve risk oversight and analysis for CM and Nikko, with a focus on quantitative market and liquidity risk. The position involves direct interaction with traders, setting risk policies, and managing internal/external communication for regulatory compliance. Role Objectives: Understanding market risk management practices, including limit monitoring and remediation procedures Managing risk metrics for trading desks (credit, rates, FX) Proficiency in financial product knowledge (VAR, stress testing, scenario analysis) Analytical skills to address reporting and monitoring issues Strong programming abilities (Python, PowerBI, Visual Basic) Experience with Bloomberg API and MS SQL Ability to recognize implications of breaches across risk metrics and control environment Qualifications and Skills: 2-5 year's experience in market risk management Effective communication with stakeholders regarding key risks Leadership in developing risk function and collaborating with other business owners Technical skills for task automation (scripting, VBA)
Negotiable
New York
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Senior Expert - Risk Models (m/w/divers)
Your duties involve advancing models for measuring operational risk and refining the methodology for incorporating climate risks into the credit evaluation process. Your willingness to tackle quantitative challenges and embrace novel modelling techniques allows you to enhance your mathematical and methodological expertise through innovative projects. You'll be part of a diverse, international, and agile team comprising process-oriented business experts, IT developers, and methodologists. Your role entails owning every aspect of your model components, including: Analysing empirical data using contemporary mathematical and statistical methods. Evaluating various modelling approaches to assess their suitability and impact on bank management. Independently and flexibly developing your own concepts. Providing assistance for technical implementation. Conducting ad-hoc analyses in response to political or economic events. Reporting to management and committees. Engaging in dialogue with model users and supervisors. Collaboratively prioritizing tasks with the Product Owner. Your qualifications should ideally include: A Master's or diploma degree in mathematics, computer science, natural sciences, or a related field, with a preference for candidates with a doctorate. Proficiency in mathematical and statistical concepts, including but not limited to multivariate statistics or stochastic processes. Hands-on experience with modern programming languages such as R or Python. Interest in data analysis and data science, with knowledge of SQL being advantageous. Basic understanding of risk measurement or risk control would be beneficial. Demonstrated analytical prowess, innovative thinking, and the ability to conceptualize and solve problems effectively. Strong communication skills, both written and verbal. A highly motivated team player who thrives in cross-location teams. Willingness to embrace agile working methodologies. Fluency in both German and English.
Negotiable
Frankfurt am Main
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Consultant
Role: Risk & Finance Consultant Location: Brussels, Belgium Join a boutique consultancy firm as a passionate Risk & Finance Consultant in the financial sector. Collaborate with their dynamic team to deliver exceptional solutions for their diverse client portfolio, including banks, insurance companies, and energy traders. Key Responsibilities: Provide expert guidance in Risk & Finance domains, contributing to the design, development, and customization of solutions. Serve as a liaison between business and IT, translating client requirements into detailed specifications. Apply a blend of functional knowledge and technical skills to deliver valuable insights and advice. Engage in various international projects, continuously expanding your expertise and taking on new challenges. Key Requirements: Bachelor's degree in Banking & Finance, Economics, or related field. Over 3 years of experience in banking, with a strong grasp of Financial Risk Management. Proficiency in regulatory frameworks such as Basel IV and CRR3. Programming proficiency in SAS, Python, R, VBA, or equivalent. Excellent communication and interpersonal skills. Fluency in English and Dutch/French. Ability to work autonomously in a result-oriented environment, with a client-centric approach. Curiosity and adaptability to explore new areas. Excited about revolutionizing Risk & Finance in the financial sector? Join our client and unleash your potential on diverse international projects while enjoying a supportive, collaborative environment and attractive benefits package.
Negotiable
Brussels
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Senior IFRS9 Credit Risk Modeler
Role: Senior IFRS9 Credit Risk Modeler Location: Vienna, Austria Join our client, an innovative bank. headquartered in Vienna. They're seeking a Credit Risk Modeler to develop IFRS9 credit risk models for retail and corporate segments across the entire banking group. Key Responsibilities: Spearhead the development IFRS9 credit risk models Gather and analyze data, discuss ECL impact, and enhance methodology Collaborate closely with colleagues and subsidiaries across countries Act as a subject-matter expert and coordinate IFRS9 model-related activities, including giving training and workshops Represent the bank towards regulators and other stakholders regarding IFRS9 Models Key Requirements: Several years of experience in Credit Risk Modelling or Validation Academic degree in a quantitative field Expertise in regulatory frameworks for Credit Risk Management Proficiency in data analysis, statistical models, and programming Familiarity with MS Office 365, SAS or R Fluent in English with strong communication skills Independent project management abilities Committed team player with analytical skills and a sense of responsibility
Negotiable
Vienna
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Senior Consultant - Financial Risk
Role: Senior Consultant - Financial Risk Location: Madrid, Spain Join a leading independent consulting firm with a global presence across major financial centers. They're seeking a driven and adaptable Senior Consultant specializing in financial risk management to join their team. With a focus on innovation and tailored solutions, you'll play a key role in delivering impactful strategies for their diverse clientele. Key Responsibilities: Apply expertise in market risks and finance, particularly in Interest Rate Risk in the Banking Book (IRRBB), with a focus on behavioral modeling and regulatory compliance. Utilize quantitative skills to develop robust methodologies and solutions. Collaborate with cross-functional teams to deliver comprehensive, client-specific strategies. Communicate effectively within the team and with clients, conveying complex concepts clearly. Key Requirements: Minimum 5 years of experience in Management Consulting and/or Banking, ideally specializing in Market Risks or Finance. Extensive experience in IRRBB within the banking sector, complemented by a strong grasp of regulatory frameworks. Proficiency in Excel and preferably in programming languages like R and Python. Embrace autonomy and agility, adapting quickly to new challenges. Fluency in English and Spanish, including professional report writing. Flexibility for travel as required. Strong interpersonal skills and a collaborative mindset. Proven ability to thrive in a fast-paced, dynamic environment. This role offers an exciting opportunity to contribute to the future of financial risk management in a supportive and inclusive environment. Apply now to be part of their dynamic team!
Negotiable
Madrid
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Risk Manager
A rapidly expanding proprietary trading firm, founded and operated with personal investment from its founder, is currently in the process of entering the US market after successful growth in Europe and Dubai. With an estimated capital ranging between $80-100 million, the firm demonstrates substantial financial strength, boasting a workforce of approximately 40 employees. The company is actively seeking a Senior Head of Risk to join its team, offering a remote position based in the US. Prospective candidates should possess self-motivation and the ability to tackle challenges independently. Prior experience in risk management within a proprietary trading firm, coupled with an affinity for startup environments, is highly desirable. Key Responsibilities: Continuously analyze the firm's and traders' risk to maintain a thorough understanding of potential exposures. Develop and execute innovative solutions to address breaches of risk parameters, particularly for complex positions, ensuring timely and effective risk management. Utilize both fundamental and technical analysis techniques to remain informed about market dynamics, providing valuable insights for risk assessment and decision-making. Maintain regular communication with traders and upper management, furnishing updates on risk assessments and market conditions to facilitate well-informed decision-making. Establish and adjust risk parameters as needed to adapt to evolving market conditions and trading strategies. Oversee the liquidation process for closed accounts, ensuring a smooth and controlled exit strategy aligned with risk management objectives. Collaborate with the IT department to enhance proprietary risk management software, improving its effectiveness and efficiency.
Negotiable
Chicago
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Associate Director, Strategic & Reputational Risk
Selby Jennings is partnered with a high-performing regional bank as they near the $100B AUM mark. The firm is proactively evolving their risk frameworks across the board to be compliant with LFI standards. This position is only 2 steps down from the Chief Risk Officer and provides high visibility. You will play a critical role in helping inform the Sr. Director of Strategic/Reputational Risk, the CRO, and the Board of Directors of the risks inherent in the Bank's actions and decisions. Responsibilities: Improve and formalize reporting procedures for risk committees/boards, emphasizing accuracy, integrity, and timeliness. Advance risk governance by enhancing the clarity and utility of reports while maintaining comprehensive, focused agendas. Implement enterprise-wide processes for identifying and assessing risks, ensuring alignment and coherence between top-down and bottom-up approaches, as well as quarterly and annual assessments. Administer risk committee tasks, including agenda coordination, meeting minutes, follow-ups, and charter reviews. Continuously oversee and challenge Strategic and Reputational Risk RCSAs, issues, and Risk Appetite levels/KRIs. Strengthen, implement, and document Strategic Risk management initiatives such as Strategic Plan Risk Assessment, monitoring of plan implementation, reporting on top and emerging risks, and KRI development and monitoring for committee/board purposes. Enhance, operationalize, and document Reputational Risk management initiatives including client/vendor selection, KRI development and monitoring, and reporting for committee/board purposes. Qualifications: Bachelor's degree in a related field (Master's degree preferred) 12 years+ of experience in Risk Management, Internal Audit, or Accounting Strong knowledge of regulatory obligations, rules, and industry standards Experience with enterprise-wide change management initiatives
US$150000 - US$180001 per year
Phoenix
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Sr. Middle Office Analyst
Selby Jennings is exclusively partnered with an energy trading firm with a strong presence in the Power and Natural Gas commodities markets. The Middle Office Analyst for Power and Natural Gas Commodities Trading will play a key role in supporting the firm's trading activities and will gain exposure to both Power and Natural Gas traders. Responsibilities: Engaging with Traders, Analysts, Risk, and Accounting teams to develop a comprehensive understanding of our commodities business from front to back. Providing daily reports on Position and PnL Conducting daily reconciliations. Serving as a primary resource for data and analysis across various portfolios and trading strategies. Partnering with the Back Office to comprehend and present economic value reconciliations and walk-throughs. Collaborating closely with global Trade Operations colleagues to coordinate and standardize processes. Qualifications: Bachelors degree in Finance, Accounting, economics, or a related field. 1+ year(s) experience in supporting Power and Natural Gas trading within a middle office or related function. Strong understanding of energy trading products, trading lifecycle, and risk management concepts. Proficiency in trading and risk management systems and related software (e.g., ETRM systems). SQL, Python, and VBA skills
US$80000 - US$130000 per year + Bonus
Austin
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Middle Officer
Selby Jennings is partnered with global Oil & Gas firm who is currently in the process of expanding their presence in Houston. This would be the first Middle Office hire in their Houston office and the successful candidate would be working closely with their global middle and front office teams, specifically Houston & Geneva. They are looking for someone with a strong understanding of physical oil markets and physical commodities. This position will be reporting directly into the Managing Director of the Global Middle Office. Responsibilities: Ensure adherence to internal and external policies and constraints in trading activities. Maintain and enhance deals and data in the Energy Trade and Risk Management (ETRM) system to align with current trading strategies and operations. Assess daily Profit & Loss (P&L) and Exposure for assigned trading desks. Maintain regular communication with Traders to ensure accurate booking and system allocations. Collaborate with various departments to identify and address inconsistencies in ETRM data. Conduct occasional market or quantitative analyses as needed. Ensure precise market valuation of held positions. Collaborate with fellow middle Officers to analyze specific trading transactions and activities. Contribute to the daily P&L reconciliation process. Share knowledge and expertise with other members of the Risk Management team. Qualifications: 2-6 years of experience in a Middle Office/Risk function supporting commodity trading activities Strong understanding of Physical Oil markets & physical commodities trading Experience using an ETRM tool Technical skills such as VBA, SQL, or Python highly desired Exceptional communication & interpersonal skills
US$85001 - US$140000 per year + Bonus
Houston
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Managing Consultant - Risk & ESG
Role: Managing Consultant - Risk & ESG Location: Madrid, Spain Join our client's team as a Managing Consultant - Risk & ESG. They're a global consulting firm renowned for their expertise in risk, finance, and strategy. As a boutique consultancy, they pride ourselves on delivering innovative solutions tailored to our clients' needs. We're seeking an entrepreneurial individual to strengthen their team and lead projects at the forefront of innovation. Key Responsibilities: Lead projects in risk management, with a focus on ESG integration and sustainability in the banking and financial services sector. Develop and implement strategies for climate risk stress testing, emissions calculation, and decarbonization targets. Ensure compliance with regulatory requirements related to ESG, such as ECB guidelines and EU-Taxonomy. Utilize quantitative skills to analyze complex data and provide insights for decision-making. Collaborate with colleagues and clients to deliver high-quality solutions that drive positive impact. Key Requirements: Minimum 6 years' experience in Management Consulting or Banking Industry, ideally in Credit Risk Management/Risk Controlling. Strong knowledge of climate risk and sustainability principles, with at least 2 years' recent experience in relevant projects. Proficiency in Excel; familiarity with programming languages like R or Python is a plus. Excellent communication skills in English and Spanish, with the ability to produce professional reports. Willingness to travel as required to meet project needs. If you're passionate about making a difference in risk management and eager to join a dynamic team, we invite you to apply.
Negotiable
Madrid
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Senior Consultant - Risk Management
Role: Senior Consultant Location: Vienna, Austria As a consultant with significant experience in risk management, you'll be part of a team dedicated to providing innovative solutions in the realms of risk, finance, and strategy. Working within a boutique consulting environment, you'll apply your expertise to deliver tailored strategies and implementation plans, breaking free from traditional silo thinking. Our client's focus on collaboration and active involvement at all levels ensures a dynamic and engaging work environment. Key Responsibilities: Apply your expertise to areas such as ICAAP/ILAAP, risk appetite/limiting, stress testing, capital management, recovery/resolution, etc. Working across multifaceted competencies, you overcome traditional silo thinking, offering client-specific solutions and sustainable implementation development strategies You'll tackle challenging projects with leading financial institutions around the globe, where our client is at the forefront of innovation in products and methodologies. Key requirements: Minimum 5 years' experience in Management Consulting and/or Banking Industry, preferably within Credit Risk Management/Risk Controlling Demonstrate at least 2 years of experience in ESG-related projects, including integration of ESG in strategy and bank steering, climate risk stress testing, emissions calculation (PACTA), decarbonization target development (SBTi / PACTA), and regulatory disclosure (Pillar 3) or non-financial reporting. Ideally possess knowledge of current regulatory requirements related to ESG, such as the ECB Guide on Climate and Environmental Risk, EU-Taxonomy, NFRD/CSRD, EBA guideline on Pillar 3 reporting - Green Asset Ratio, and frameworks like TCFD and Sustainable Finance. Leverage your quantitative background and strong analytical skills to tackle complex problems. Proficiency in Excel is essential; familiarity with R, Python, and their applications is advantageous. Collaborate effectively within a team environment, demonstrating strong communication skills. Work independently and adapt quickly to new topics and challenges. Structure and innovate solutions for complex topics within tight deadlines. Fluency in both German and English, including the ability to produce detailed professional reports. Willingness to travel, primarily within Germany/Austria. Aspire to grow into a managerial role within the organization. Join their team and contribute to their mission of delivering exceptional risk management solutions in a collaborative and dynamic environment.
Negotiable
Vienna
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