Search using our robust engine. Get the recommendations you need to get ahead.
Browse through our expansive list of legal practice areas.
Work where you are or where you would like to be. Find where you will work with LawCrossing.
Use our marketplace to feature your opportunity
Start your search today
Set up your account and manage your company profile on LawCrossing
Look through and compare company profiles
Learn from the legal expert
Discover salaries and the scope of your next job
LawCrossing Works Read Testimonials and Share your Story
Carrot Peelers, Sales, Personality and Your Job Search
In-House
Attorney
Finance - Banking
Litigation - Whistleblower - CFTC
Min 3 yrs required
Market Risk Cons 3 The candidate works within the group, the Market Risk Oversight Policy and Regulatory Relations team maintains develops policies, procedures, and does oversight regarding trading and market risk activity. Team works with its peers within Market Risk Oversight, Front Office, Finance, Technology, regulators, and other stakeholders to bolster our risk management infrastructure, governance, and operations. Volcker-related activities will drive priorities for this group in the next year. Activities of the group relevant to this role are to: Evaluate, enhance, and maintain specific to policies within Market risk Oversight to assess new or existing regulations and best industry practices. Coordinate the implementation of new Market Risk Oversight Group procedures and monitor their continued execution Facilitate the limit setting process and assist in documenting details for the appropriateness of limits. Work with LOB Trading and other Market Risk Officers (MROs) in embellishing documentation around trading and hedging strategies, and other desk-level procedures – particularly as it pertains to Volcker compliance. Contribute in the development of a monitoring and surveillance program for metrics not yet covered by Market Risk Oversight. These may include Volcker metrics such as customer demand, hedging effectiveness, and limit usage. Develop surveillance indicators to identify high-risk trading or prop activity with desk-level MROs and LOB. Coordinate and prepare the Market Risk Oversight group for audits or other regulatory interactions. Provide direct market oversight for legal entities and Volcker deliverables from Market Risk Oversight group. Manage infrastructure projects with Technology groups to improve surveillance and organize and retain documentation for compliance. Duties will involve strategic industry thinking, detailed analytical investigations, regular operational oversight, and project management. Experience and creativity will be necessary in bank's goal.
Qualification and Experience
A Bachelor’s degree (advanced degree preferred) in finance, economics, law or other quantitative curricula is preferred. Should have 3+ years of trading or desk analyst/capital markets experience. Should have 3+ of experience in Market Risk, Trading, Operational Risk, Audit, Compliance and/or related roles. Should have product and trading knowledge: understanding of trading instruments and desk trading activities. Demonstrated understanding of and ability to apply prudent risk mitigation principles. Market risk knowledge: familiar with risk limit setting, monitoring, and measures (VaR, Greeks, stress testing, etc.) is preferred. Trading knowledge: deep understanding of trading desk activities, hedging strategies, customers, and products; oversight experience: past responsibility in monitoring business processes, limits or business activities and regulatory interaction: face-to-face experience with internal audit and regulators while assessing regulatory guidelines. Ability to understand industry regulations and/or risk management policies and procedures will be preferred.
Ref: 5031015.
Sign Up Now