- Company Name
- Bailey & French
- Job Title
- Market Risk Manager
- Job Description
-
Job Title: Market Risk Manager
Location: [Paris, France]
Department: Risk Management
Reports To: Director of Risk Management
Job Summary:
The Market Risk Manager is responsible for identifying, analyzing, and mitigating risks associated with the firm's trading activities and investment portfolio. This role involves monitoring market conditions, assessing potential impacts on the firm’s assets and liabilities, and developing strategies to manage exposure to various financial risks. The Market Risk Manager will work closely with traders, portfolio managers, and other risk management professionals to ensure that the firm maintains a balanced and sustainable risk profile.
Key Responsibilities:
1. Risk Assessment & Monitoring:
- Continuously monitor financial markets and the firm’s exposure to various market risks, including interest rate risk, currency risk, equity risk, and commodity price risk.
- Develop and implement risk measurement tools, such as Value-at-Risk (VaR) models, stress testing, and scenario analysis.
2. Risk Reporting & Analysis:
- Prepare detailed risk reports for senior management, highlighting key risk exposures and potential impacts.
- Analyze market trends and macroeconomic indicators to forecast potential risks and opportunities.
- Collaborate with quantitative analysts to enhance risk models and methodologies.
3. Risk Mitigation Strategies:
- Develop and implement strategies to manage and mitigate market risks, including hedging strategies, portfolio diversification, and risk limits.
- Work with traders and portfolio managers to optimize the risk-return profile of the firm’s assets.
4. Regulatory Compliance:
- Ensure compliance with relevant regulations and internal risk management policies.
- Stay updated on changes in regulatory requirements and assess their impact on the firm’s risk management practices.
5. Stakeholder Communication:
- Communicate risk positions and strategies to internal stakeholders, including senior management, traders, and investment teams.
- Provide insights and recommendations to support decision-making processes.
6. Continuous Improvement:
- Evaluate and improve risk management processes, tools, and frameworks.
- Stay informed of industry best practices and emerging risk management techniques.
Qualifications:
- Education: Bachelor’s degree in Finance, Economics, Mathematics, or a related field. A Master’s degree or relevant professional certification (e.g., CFA, FRM) is preferred.
- Language: Fluent French speaking is essential
- Experience: Minimum of 5 years of experience in market risk management, trading, or a related field within the financial services industry.
- Technical Skills: Strong proficiency in risk modelling, financial analysis, and the use of risk management software and tools. Familiarity with programming languages (e.g., Python, R) and financial databases (e.g., Bloomberg, Reuters) is an advantage.
- Analytical Skills: Strong analytical and quantitative skills, with the ability to interpret complex data and market trends.
- Communication Skills: Excellent written and verbal communication skills, with the ability to present complex risk concepts to non-technical stakeholders.
- Attention to Detail: High level of accuracy and attention to detail in risk reporting and analysis.
- Problem-Solving: Ability to develop innovative solutions to complex risk management challenges.
Work Environment:
- This role is primarily office-based, with occasional travel for industry conferences or meetings with stakeholders.
