Fixed Income Market Risk Manager (Emerging Markets/ Securitization)

TN United Kingdom; London; On-site; GBP 60,000 - 100,000; Full time

Job summary

An established industry player is seeking a Market Risk Manager to join their dynamic team in London. This role involves monitoring and measuring market risk, collaborating closely with the Front Office on the trading floor, and engaging with senior management on market developments. The ideal candidate will possess a strong analytical background, a degree in a quantitative discipline, and several years of experience in market risk management. This exciting opportunity offers the chance to work on European Securitized Markets and contribute to the development of innovative risk frameworks, making a significant impact in a fast-paced environment.

Qualifications

• Experience as a market risk manager in a financial institution.
• Strong analytical skills with a focus on fixed income products.

Responsibilities

• Manage Fixed Income portfolios in line with risk policies.
• Identify and report market risks within risk appetite.
• Advise on risk control frameworks and conduct analyses.

Skills

Analytical Skills

Communication Skills

Market Risk Management

Coding Skills

Education

Degree in Quantitative Discipline

Finance-Related Degree

Job description

The job description is comprehensive but requires some improvements in formatting, clarity, and conciseness. Here is a refined version:

Job Title: Market Risk Manager

Location: London, United Kingdom

Job Category: Finance

EU Work Permit Required: Yes

Job Reference: 24543c34220c

Job Views: 10

Posted: 28.04.2025

Expiry Date: 12.06.2025

Job Description:

Role: The Market Risk Manager will join the JIL Fixed Income Market Risk team in London, responsible for monitoring and measuring market risk in accordance with Risk Policies, the Risk Management Framework, and the Risk Appetite Statements of the Board. The team interacts daily with the Front Office on the trading floor.

The core responsibilities include defining risk appetite and limits, engaging with Trading to understand and challenge positions, communicating market developments and risks to senior management, supporting new business initiatives, and providing expertise on market risk topics.

The initial focus will be on European Securitized Markets, including Asset Backed Securities and Collateralised Loan Obligations, with potential expansion into other Fixed Income areas, especially CEEMEA Emerging Markets.

The ideal candidate will have experience across different Fixed Income risk areas, preferably with securitization exposure, and be open to a broad remit rather than specialization.

The role reports to the JIL Head of Fixed Income Market Risk and involves collaboration with the Risk Management teams in Frankfurt and New York.

Key Responsibilities:

• Manage and oversee relevant Fixed Income portfolios in line with JIL and Group risk policies;
• Identify, understand, report, and escalate market risks within risk appetite;
• Advise on the development and refinement of risk control frameworks, including stress testing and scenario analysis;
• Conduct detailed analyses of products, trading, and hedging strategies; develop risk frameworks for new products;
• Test and implement new risk technologies.

Experience, Skills, and Qualifications:

• Degree in a quantitative or finance-related discipline with strong analytical skills;
• Several years of experience as a market risk manager in a financial institution;
• Understanding of fixed income products, particularly in emerging markets, credit, securitized products (MBS, CLOs, CLO warehouses);
• Proven ability to work effectively with traders, analysts, and communicate with senior management;
• Knowledge of market risk standards and practical experience in risk management;
• Excellent communication skills, both oral and written;
• Coding skills are a plus;
• Motivated self-starter committed to continuous learning and personal development.