Market and Credit Risk Manager
3 weeks ago
Key Responsibilities
As a Market and Credit Risk Manager at The Edge Partnership, you will be responsible for identifying, quantifying, and monitoring market and counterparty credit risks for our Trading Desks. Your tasks will include:
- Acting as the 2 LOD, you will be responsible for identifying, quantifying, and monitoring market and counterparty credit risks for the Trading Desks.
- Monitoring and addressing limit breaches, exceptions, or technical issues on a daily basis.
- Assisting in the preparation of periodic risk reports, reviewing regulatory specifications, and conducting comprehensive testing of IT developments as required.
- Developing Python-based tools for enhanced risk insights and maintaining an understanding of trading strategies, products, and market dynamics.
- Recommending and managing limits for assigned Desks, advising traders, and ensuring prompt and accurate upload of limits.
Role Requirements
- 4-8 years of relevant experience in market or counterparty credit risk management.
- Bachelor's or Master's degree in quantitative disciplines such as applied or pure mathematics, engineering or computer science.
- Proficiency in Python coding, along with a demonstrated understanding of techniques such as lattice methods, Monte Carlo simulations, Finite Differences, etc.
- Familiarity with financial products across asset classes, their pricing models, risk methodologies (e.g., Value at Risk, Stress Testing), and the associated trade lifecycle process.
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