Market Risk Manager

RBS; Greater London; Hybrid; GBP 90,000 - 130,000; Full time

Benefits offered by this job

Hybrid working

Exposure to senior stakeholders

Job summary

RBS is seeking a Market Risk Manager to join its trading floor and oversee risk coverage for Commercial and Institutional Capital Markets. Based in London with hybrid working, you will work closely with trading and structuring teams to ensure risk adherence and effective escalation of breaches.

You will review trading strategies at portfolio and deal levels, help shape the risk appetite, and contribute to the market risk limit framework.

Qualifications

• Formal banking qualification or equivalent accreditation.
• Experience in market risk management in banking.
• Experience with rates and credit risk exposure.

Responsibilities

• Implement risk appetites and monitor breaches.
• Review trading strategies at portfolio and deal level.
• Support development of risk appetite and limit framework.
• Develop knowledge of financial markets, liquidity management, and income drivers.
• Review trade proposals and non-standard deals for approval.
• Review risk models and collaborate on improvements.
• Coordinate with market risk, business, finance, quants and stakeholders.

Skills

Credit & rates products

Communication skills

Independent thinker

Market risk asset classes

Workload planning

Education

Banking qualification or professional accreditation

Job description

Join us as a Market Risk Manager

• You’ll join a dynamic working environment and manage risk coverage of the top global Commercial and Institutional Capital Markets franchises
• In this trading floor-based role, you’ll be working closely with the trading and structuring business
• With the opportunity to further develop an extensive range of skills and knowledge, this varied role also offers excellent exposure to our business and its senior stakeholders

What you’ll do

As a Market Risk Manager, you’ll be implementing agreed risk appetites, including monitoring adherence and appropriately escalating breaches.

Your role will also involve:

• Understanding, reviewing, and challenging trading business strategies at the portfolio and deal level, and highlighting and escalating issues and any unusual trading activity
• Supporting senior management in the development of the risk appetite and the implementation of the market risk limit framework
• Developing a detailed knowledge of financial markets, investment strategies, liquidity management and key income drivers
• Reviewing trade proposals, and non-standard deal documents and making recommendations on approval dependent on sign-off level
• Reviewing the ongoing operation of risk models and working with market risk methodology on improvements
• Maintaining interaction between market risk, the relevant business, finance, quants and any other relevant stakeholders

The skills you’ll need

To succeed in this role, you’ll hold a formal banking qualification or equivalent professional experience with accreditation aligned to the role or be willing to work towards one.

You’ll also need:

• Technical expertise in credit and rates products, both vanilla and structured
• To be a clear and confident communicator across all levels of seniority
• To be driven, independent and able to enhance existing processes
• Extensive knowledge of one or more market risk asset classes, preferably rates and credit
• The ability to understand complex deals to support fair customer outcomes while protecting the organisation’s position, ideally in a market risk function at a large multinational bank
• The ability to plan and organise the workload to ensure the achievement of productivity and delivery to agreed service standards

Hours

35

Job Posting Closing Date:

15/10/2026

Ways of Working:Hybrid