Market Risk - Senior IT SME

Huxley; London; Hybrid; GBP 125,000 - 150,000; Full time

Job summary

An established industry player is seeking a Market Risk Senior IT SME to spearhead a significant global transformation program. This pivotal role involves leading the analysis, design, and delivery of IT solutions within the Market Risk function across EMEA, collaborating with various teams to implement innovative solutions. The ideal candidate will possess extensive experience in technology delivery within Commercial and Investment Banking, along with a deep understanding of Market Risk methodologies and Agile practices. This opportunity offers a hybrid working environment, allowing for flexibility while contributing to impactful projects in a dynamic setting.

Qualifications

• 10+ years in technology delivery roles within Market Risk IT.
• Deep knowledge of Market Risk analytics and reporting methodologies.

Responsibilities

• Lead analysis and delivery of IT solutions for Market Risk across EMEA.
• Manage stakeholders and ensure timely delivery of solutions.

Skills

Market Risk methodologies

Agile methodology

Communication skills

Leadership skills

Problem-solving skills

Data mining and analytics

Technical delivery in Banking

Stakeholder management

Tools

Excel

SQL

Power BI

Job description

My global banking client is looking for a Market Risk Senior IT SME, to lead a large global transformation programme.

Full details below - please submit a CV if your experience matches. Rate is upto £920pd via umbrella, hybrid working 2/3 days a week in office in central London.

Purpose of the Job:

• Lead the analysis, design, and delivery of IT solutions for the Market Risk function across EMEA.
• Collaborate with IT business analysts and developers to implement required solutions in EMEA and the USA.
• Support the CRO IT Platforms lead in developing and evolving the CRO IT Platforms delivery strategy.
• Manage stakeholders within the CRO Market Risk and other related functions.
• Assist other CRO IT Platforms team functions in delivering to the CRO function.

Key Responsibilities:

• Scope and shape new initiative requests from the CRO Market Risk function.
• Define, prioritise, and groom product backlogs based on initiatives, following Agile methodology.
• Conduct business and technical analysis, solutions design, and define epics and user stories.
• Estimate, schedule, and manage delivery of epics and user stories with developers, architects, and QA specialists.
• Plan and execute sprints, serving as Scrum Master, and conduct Agile ceremonies.
• Ensure solution delivery is on time, within budget, and meets quality standards.
• Mitigate delivery risks and handle timely escalations to the CRO IT Platforms Lead.
• Manage RAID log, production issues log, and delivery reporting.
• Provide technical and business domain mentoring to other staff.
• Manage vendor contracts and service ownership of live systems, including change management and deployment.

Required Skills and Experience:

• 10+ years in a similar technology delivery role within Commercial and Investment Banking Market Risk IT.
• Deep knowledge of Market Risk methodologies, analytics, and reporting (e.g., VaR, stress testing, scenario analysis).
• Experience with technology and data architectures, including modern tools for data sourcing, transformation, analytics, and reporting.
• Proven track record of implementing in-house and vendor solutions on-premise and cloud.
• Strong system integration experience for risk and regulatory processing.
• Excellent communication skills with stakeholders at all levels.
• Leadership skills to motivate delivery stakeholders.
• Thorough understanding of IT controls, software development lifecycle, and Agile Scrum methodology.
• Proficient in data mining, analytics, and business intelligence tools (e.g., Excel, SQL, Power BI).
• Knowledge of Basel regulations and other relevant regulatory requirements.
• Strong problem-solving skills and a positive mindset for continual improvement in IT service delivery.