Under this sector, you'll find listed all of our risk management jobs in investment banks, asset managers, hedge funds and other financial services firms. As we've all learned from the recent financial crisis, financial services can be a very risky industry. If risk management professionals are not available to stem employees' desire to push boundaries for bigger profits, whole banks can go bankrupt.
Professionals who work in risk deal with technology, operations, audit, compliance and other control functions within a bank or financial organization. Risk management jobs are usually split into different areas, though the most common are market risk, credit risk and operational risk.
Market risk is the risk that a whole portfolio of traded financial products (for example, stocks, bonds or commodities) drops in value at the same time because of outside, sometimes unpredictable events, like rising oil prices or terrorist bombs. Four standard market risk factors used are stock prices, interest rates, foreign exchange rates and commodity prices.
Market risk professionals aim to price and model risk across a variety of asset classes, such as derivatives (forwards, futures, options, swaps). They should communicate clearly with traders and supply the front office with clear risk assessments.
Credit risk is the risk of loss of principal if a borrower fails to pay back a loan. A job in credit risk requires mitigating this risk by creating credit proposals and credit reviews, which show the business independent judgments about the financial backgrounds of potential and existing borrowers.
Credit risk positions require working with the lending team to check that credit proposals or extensions meet with approval or are declined in agreement with the firm's own credit policies and local regulations. Many lenders have their own credit scorecards and list prospective and current customers according to risk. A variety of factors are examined, including operating experience, management expertise, asset quality and leverage and liquidity ratios.
Operational risk is the risk that a bank will suffer damage or losses from internal factors or problems like a systems breakdown or financial wrongdoing. A job in operational risk involves devising front-to-back reviews of business processes which are then reported to business managers.
Positions in operational risk necessitate creating risk self assessments of business units, spreading information about the firm's risk policies and finding and reporting any change in risk. They also meet with internal audit, external audit and regulators.
Many risk professionals have qualifications developed to advance their understanding, job opportunities, professional reputation and salary. As an example, the Financial Risk Manager (FRM) designation from the Global Association of Risk Professionals is awarded to those who have at least two years' work experience in financial risk management and successfully pass two examinations.
The Professional Risk Managers' International Association (PRM) is awarded to financial risk managers who successfully pass four exams on subjects including financial theory, financial instruments and markets and mathematical foundations of risk measurement.
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|Sr. Credit Risk Officer||Comprehensive Recruiting Outstanding compensation and benefit pla...||San Francisco, CA||19 May 13|
Leading Financial Institution is looking to add a Senior Credit Risk Officer that will play a key role in the...
|Associate, Tax & Control||WMRC (License no. 06C4870) Attractive remuneration plus benefits||Singapore||19 May 13|
Responsible for the full spectrum of tax compliance for corporate tax, indirect tax and withholding tax, inclu...
|RISK MANAGER H/F||Exane Selon profil||France-Paris||18 May 13|
Rattaché(e) au pôle Risk Management du département Contrôle de Risques, vous interviendrez sur l''analyse quo...
|MBS Quantitative Analyst||Comprehensive Recruiting Competitive compensation and benefit pac...||New York City, NY||18 May 13|
Global financial firm is looking to add a Quant Analyst with previous MBS experience to their Quantitative Ris...
|Group Financial Crime Manager||Eames Consulting Risk £550-700 per day||UK-London||18 May 13|
Our client is a global insurance business; they have an urgent requirement for an interim Group Financial Crim...
|Counterparty Control Manager||Harvey Nash Scotland Salary DOE||UK-Glasgow||18 May 13|
Counterparty Control Manager - Glasgow - Permanent - Investment Banking
|Analyst/Developer - Credit Risk Reporting||Harvey Nash Scotland Salary DOE||UK-Glasgow||18 May 13|
We are working on behalf of a leading global bank who are expanding their Credit Risk reporting team in Glasgo...
|Risk Consultant - Risk Models - Financial Services||Alexander Ash Consulting GBP 50K-115K||UK-London||18 May 13|
Credit Risk, Risk Models, Market risk, VaR, Monte Carlo, RWA,
|Assistant Manager, Risk Management (Operations & Control)||i-Contact Attractive||Hong Kong SAR||18 May 13|
A major PRC investment banking is looking for a seasoned Assistant Manager, Operational Risk Management and Co...
|Regulatory Analyst - CoRep||Poolia UK Limited 55,000 - 65,000||UK-London||18 May 13|
A leading international bank is looking to grow their Regulatory Reporting team with an Analyst. This team has...
|Internal Auditor||Randstad Attractive||Singapore||18 May 13|
Established bank with an expanding portfolio
|Senior Credit Manager (Credit Analyst- Corporate Banking)||Randstad Attractive||Singapore||18 May 13|
To be part of a dynamic Credit Analyst team in a bank
|Senior Market Risk Management Associate||Randstad Attractive||Singapore||18 May 13|
Regional Bank with a growing Credit Risk team
|AVP, Information System Security Administration||WMRC (License no. 06C4870) Attractive remuneration plus benefits||Singapore||18 May 13|
This role covers the main functions for Business Continuity Plan (BCP)/ Disaster Recovery (DR).
|Model Validation - AVP||Carr Lyons Competetive||UK-London||18 May 13|
Model Validation - Quantitative Analysis/Exotics
|Credit Risk Analyst, Funds Sector||Hays Specialist Recruitment GBP38000.00 - GBP42000.00 per annum + be...||UK-London||18 May 13|
Front office Credit Analyst role within a specialist division of this reputable global commercial bank, focuss...
|Credit Risk Technology||Mindstaff open||New York City, NY||18 May 13|
We currently are seeking highly motivated Seniors and Managers to manage client engagement teams, work with a ...
|SR CREDIT APPROVER - EUROPEAN CORPORATE AND INVESTMENT BANK||Hays Negotiable||Hong Kong SAR||18 May 13|
CREDIT APPROVAL AND PORTFOLIO MANAGEMENT FOR LARGE REGIONAL CORPORATES
|AVP - CREDIT RISK MANAGEMENT ANALYST - COMMERCIAL BANK||Hays Negotiable||Hong Kong SAR||18 May 13|
CREDIT RISK STRESS TESTING ON BANK PORTFOLIO
|TEAM HEAD CREDIT CONTROL AND POLICIES - CREDIT RISK||Hays Negotiable||Hong Kong SAR||18 May 13|
CREDIT RISK MANAGEMENT FOR LEADING COMMERCIAL BANK
|SENIOR RISK MANAGER - TRADED CREDIT RISK||Hays Negotiable||Hong Kong SAR||18 May 13|
MANAGING CREDIT RISK DERIVED FROM TRADING FINANCIAL MARKETS PRODUCTS
|SVP/ TEAM HEAD CREDIT APPROVAL - MID-MARKET COMMERCIAL BANK||Hays Negotiable||Hong Kong SAR||18 May 13|
REVIEW/APPROVE COMMERCIAL LENDING IN A LEADING BANK
|FATCA Performance Improvement Sr. Consultants/Mgrs needed for Global Advisory Firm||Mindstaff Open||New York City, NY||18 May 13|
Our client a Global Advisory Firm is looking for strong Sr. Consultant and Managers who have experience desig...
|Senior Market Risk Manager Prop Trading with Fixed Income Rates||Halliwell Search LLC to $1.0 million||New York City, NY||17 May 13|
Large US Hedge Fund in Manhattan, approximately 30 Billion AUM is looking to hire a Senior Rates Prop trading ...
|Market Risk Officer||Comprehensive Recruiting Outstanding compensation and benefit pac...||Charlotte, NC||17 May 13|
Leading Financial Service company is looking to add a Market Risk Officer to their Risk Management Team.
|Country Risk Strategy and Optimization Associate||Citi NA||New York City, NY||17 May 13|
Citi is today's pre-eminent financial services company and was built to create a highly diversified financial...
|Statistician - Quantitative Analyst (OLS, GLM, MCMC, SAS) Insurance - New York||Analytic Recruiting Inc. Competitive comp||New York City, NY||17 May 13|
A Major New York based Property and Casualty Insurance Company is looking for Statisticians/Quantitative Analy...
|Senior Compliance Testing Officer||Michael Page International - US 150000||New York City, NY||17 May 13|
An exciting opportunity for well experienced Compliance Testing and Control officer to gain visibility and exp...
|Control Room Research Compliance Manager||Michael Page International - US Attractive Compensation Package||New York City, NY||17 May 13|
Supporting the head of our Control Room the ideal candidate will assist in leading the team and act as key glo...
|Compliance Project Manager||Michael Page International - US Competitive||New York City, NY||17 May 13|
Leading NYC Investment Bank is seeking a Compliance Project Manager. The project manager will provide project ...