Market Risk Manager

Jefferies; Frankfurt; Vor Ort; EUR 70.000 - 100.000; Vollzeit

Zusammenfassung

A leading firm in Frankfurt is seeking a Market Risk Manager to join their Risk Management team. The role involves monitoring market risk, engaging with Trading, and overseeing Liquidity Risk management. The ideal candidate will have 5 to 7 years of experience, strong quantitative skills, and excellent communication abilities in English and German.

Qualifikationen

• 5 to 7 years experience as a market risk manager in a financial institution.
• Proven success working with traders and analysts.

Aufgaben

• Monitor and measure market risk in accordance with Risk Policies.
• Engage with Trading to understand and challenge positions.
• Oversee Liquidity Risk management and daily monitoring.

Kenntnisse

Communication

Quantitative Skills

Problem Solving

Ausbildung

Degree in a quantitative or finance-related discipline

Jobbeschreibung

Jefferies GmbH JEG is a securities trading firm established in Germany and authorised by BaFin to provide Investment Banking Equities and Fixed Income sales and trading activities to EEA-domiciled clients. JEG's direct parent is Jefferies International Limited (JIL), incorporated in the UK and regulated by the Financial Conduct Authority (FCA). The JEG Market function is part of the JEG Risk Department regionally and the Global Risk Department globally.

Experience the Jefferies Difference

Throughout our history, the one thing that has remained constant is Jefferies' steadfast commitment to our clients. We only win when our clients win — it's not just a tagline, but a mentality that underpins our relentless pursuit of excellence at Jefferies.

If this approach resonates with you, we invite you to join our team that drives positive change through collaboration, openness, and curiosity. We empower you to make an impact and grow both personally and professionally. At Jefferies, we support our team members and seek individuals with a proven track record of delivering innovative solutions and building trusted client relationships.

Role

The position is for a Market Risk Manager to join the Risk Management team based in Frankfurt. The role involves monitoring and measuring market risk in accordance with the Risk Policies, Risk Management Framework, and the Risk Appetite Statements of the Board. The individual will interact daily with the Front Office.

Main responsibilities include defining risk appetite and limits, engaging with Trading to understand and challenge positions, communicating with senior management on market developments, risks, and PnL, and providing input into new business initiatives. The role also encompasses expertise sharing on market risk topics across the firm.

Additionally, the candidate will oversee Liquidity Risk management, including daily monitoring, updates to the liquidity risk appetite statement, and collaboration with Treasury on liquidity stress testing.

Responsibilities involve BAU liquidity risk activities, developing new methodologies, liquidity stress testing, scenario analysis, and supporting regulatory initiatives. The role requires close cooperation with regional Treasury, Risk Controllers, Risk Analytics, and other corporate functions.

Key Responsibilities

Initially focused on International Rates and Corporate Financial Markets, with monitoring of trades including derivatives and bespoke investment banking transactions across Jefferies entities. There is potential for expansion into other Fixed Income and Equity areas as part of growth plans.

Market Risks

• Manage retained risk in Fixed Income portfolios aligned with risk policies.
• Identify, understand, report, and escalate market risks within risk appetite.
• Advise on market risk control frameworks, including stress testing and scenario analysis.
• Conduct deep dive analyses on products and strategies, develop risk frameworks for new products.
• Test and implement new risk technologies.
• Review risk appetite and limits regularly, ensuring alignment with regulatory capital limits.

Legal Entity Level

• Prepare and present risk governance reports, escalate material issues.
• Support liquidity functions, represent liquidity matters locally.
• Collaborate with New Business & Projects to identify risks and support approval processes.
• Build relationships with internal stakeholders and external industry networks.

Candidate Profile

• 5 to 7 years experience as a market risk manager in a financial institution.
• Proven success working with traders and analysts, effective communication with senior management.
• High awareness of risk management standards, hands-on experience.
• Excellent communication skills in English and German.
• Strong quantitative skills; coding experience is a plus.
• Knowledge of European banking risk regulations (MaRisk, IFR, IFP, ICAAP, ILAAP, CRR) is desirable.
• Proactive, detail-oriented, team player, problem solver, continuous learner.

Person Specification

The ideal candidate will have experience across different market risk areas, preferably with fixed income and credit products, and an eye for detail in booking logic, scenario analysis, and risk models.

• Degree in a quantitative or finance-related discipline with strong analytical skills.