Overview:
The Market Risk Manager is a crucial role within the organization responsible for overseeing and managing market risk activities. They play a pivotal role in identifying assessing and mitigating market risks to ensure the financial stability and security of the organization.
Key Responsibilities:
- Developing and implementing market risk management strategies.
- Conducting risk assessments and identifying potential vulnerabilities.
- Monitoring market trends and assessing their impact on the organizations risk exposure.
- Utilizing risk management tools and methodologies to analyze market risk.
- Producing and presenting risk reports to senior management and stakeholders.
- Collaborating with other departments to ensure risk mitigation measures are effective.
- Staying updated with regulatory requirements and ensuring compliance.
- Participating in the development and enhancement of risk management processes.
- Leading market risk stress testing and scenario analysis.
- Providing guidance and support to junior team members.
Required Qualifications:
- Bachelors degree in Finance Economics or related field.
- Proven experience in market risk management within the financial industry.
- Strong understanding of financial markets and instruments.
- Proficiency in risk management tools and software.
- Knowledge of regulatory frameworks and compliance requirements.
- Excellent analytical and problemsolving skills.
- Ability to communicate complex risk concepts effectively.
- Leadership and decisionmaking capabilities.
- Certification in risk management (e.g. FRM PRM).
- Experience in stress testing and scenario analysis.
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