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

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

Job summary

A consulting firm specializing in financial risk is seeking an FRTB Policy & Governance Manager in London. The role demands a strong background in market risk, with responsibilities including the development of a risk policy framework and collaboration across teams. Ideal candidates will have 3-5 years of experience in governance frameworks, outstanding communication skills, and analytical capabilities. This position offers up to £150k and the chance to work on impactful projects for top-tier clients in a collaborative environment.

Qualifications

• 3-5 years of experience in market risk policy and governance.
• Experience in Market Risk Assessments and Issue Assessments.
• Strong analytical abilities and attention to detail.

Responsibilities

• Lead the development of the FRTB market risk framework.
• Collaborate with stakeholders for effective risk policy.
• Identify emerging market risks and propose solutions.

Skills

Market Risk Policy and Governance

Communication Skills

Project Management

Analytical Skills

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.

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.