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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| Senior Project Manager – Institutional Bank | T+O+M Very Competitive | Australia-Sydney | 24 May 12 |
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A leading institutional bank is looking for a Senior Project Manager to lead the integration of a new product ...
| Senior Market Risk Manager - Treasury | Porterallen Highly Negotiable | Australia-Sydney | 24 May 12 |
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Unique opportunity to become an integral member of this market leading team. Forward thinking, dynamic global ...
| Manager or Senior Manager - Risk & Internal Audit Advisory | Ernst & Young not disclosed | Australia | 24 May 12 |
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Risk Senior Manager Opportunity in Brisbane. If you have contract management or Risk consulting experience loo...
| Senior Risk Officer | Carmichael Fisher Dependant on experience | Australia-NSW - Other | 24 May 12 |
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Leading Financial Institution offering a broad mainstream career appointment with a regional based lifestyle.
| Audit / Compliance | Profusion Group Associate Director level | Australia-Sydney | 24 May 12 |
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Investment Banking Risk Management team - asses the degree of compliance to policies procedures and external r...
| Group Operational Risk and Compliance Mgr - Leading bank $120k+super | Randstad $120K+s +b | Australia-Sydney | 24 May 12 |
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Great opportunity within a Leading Bank to take an enterprise risk role with a APS115 and Basel II focus
| Group Risk - Operational risk Manager Analysis & Controls - $130k+super | Randstad $120k+super+bonus | Australia-Sydney | 24 May 12 |
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You will be responsible for the end to end operational risk scenario analysis, governance, identifying and rep...
| Traded Market Risk Manager leading bank $130k+s | Randstad $130k+super+bonus | Australia-NSW - Other | 24 May 12 |
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Urgent requirement in leading financial institution. Dealing room, traded market risk manager role. Oversight ...
| Risk Services - OHS - Director (Melbourne) | Deloitte Attractive salary package | Australia-Melbourne | 24 May 12 |
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"I could only have done it at Deloitte". When we hear our people say this, it means we're inspiring them to ac...
| Sr Analyst, Investment Compliance | The Northern Trust Company (Singapore Branch) Competitive | Australia-Melbourne | 23 May 12 |
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This position is open to be based in Melbourne, Australia.
| Advice Risk Analyst | Macquarie Information not provided | Australia-Brisbane | 23 May 12 |
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A challenging role as a Risk Analyst. You will have a strong technical understanding of private wealth advice ...
| 2 x Senior Quantitative Analysts | BlackOcean Recruitment $120,000 to $165,000 | Australia-Sydney | 23 May 12 |
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FX, Equity Derivatives, Credit and Interest Rates Sponsorship Available for Overseas Candidates Model De...
| Capital Analyst - Liquidity & Capital Team - Macquarie Bank | Macquarie Information not provided | Australia-Sydney | 22 May 12 |
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Broad role with direct exposure to senior managementUtilise your strong financial modelling and validation tec...
| Petroleum Engineer | Macquarie Information not provided | Australia-Sydney | 22 May 12 |
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• Join a leading global oil and gas finance team• Close involvement in investment decision making• Exposure...
| Director Credit - Project Finance & Infrastructure | Michael Page Excellent Salary Package | Australia-Sydney | 22 May 12 |
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Excellent opportunity in dynamic business
| Market Risk Analyst | Ethos Corporation $100K + Super | Australia-Sydney | 22 May 12 |
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Leading Australian financial services organisation is looking for a market risk analyst to join their high pro...
| Compliance - Financial Planning & Advice | Ethos Corporation NA | Australia-Sydney | 22 May 12 |
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Compliance Leadership Opportunity - Strategic Appointment - $$$ Excellent Salary & Benefits Package
| Risk Services - OHS - Senior Analyst (Sydney) | Deloitte Attractive salary package | Australia-Sydney | 22 May 12 |
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"I could only have done it at Deloitte". When we hear our people say this, it means we're inspiring them to ac...
| Head of Transaction Management Unit, Commodity & Structured Trade Finance | HSBC not disclosed | Australia-Sydney | 21 May 12 |
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See job description below
| Senior Operational Risk - Institutional Funds - $175k+bonus | Robert Walters AU$160000 - AU$175000 per annum + Bonus | Australia-Sydney | 21 May 12 |
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A leading international fund manager is seeking a Senior Operational Risk Manager to join the Sydney office an...
| Senior Credit Risk - Oil/Gas/Mining | Pentire Associates up to $200-$225,000 plus super | Australia-Sydney | 21 May 12 |
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Do you have ten or more years experience working in Institutional credit analysis? Do you have exposure to maj...
| Senior Operational Risk Manager | Ethos Corporation N/A | Australia-Sydney | 21 May 12 |
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Outstanding opportunity to make the step into a position of Senior Operational Risk Manager with leading finan...
| Operational Risk Manager | Ethos Corporation N/A | Australia-Sydney | 21 May 12 |
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Our client is a leading international financial services player and is currently experiencing substantial grow...
| Compliance Manager | Ethos Corporation N/A | Australia-Sydney | 21 May 12 |
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An outstanding opportunity exists for an experienced Compliance Manager to join a leader within the Super Indu...
| IT Risk Analyst | Ethos Corporation $100K - $120K + super + bonus | Australia-Sydney | 21 May 12 |
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We are looking for the high performing IT Risk professionals seeking the opportunity to further their career.
| Business Continuity / Disaster Recovery Specialist | Huxley Associates AU$80000 - AU$85000 per annum | Australia-Sydney | 18 May 12 |
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This role will require a technical and analytical approach into investigating ways to reduce overall risk by i...
| Senior Credit Analyst | Hudson Financial Services Competitive package on offer | Australia-Melbourne | 17 May 12 |
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Branch Based - Eastern Suburbs, Commercial/Consumer Focus, Competitive Package on Offer
| Counterparty Credit Risk Engine - Business Analyst | Marks Sattin $145k - $200k package | Australia-Sydney | 17 May 12 |
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A premier Financial Markets house are looking for an analyst to join the project team responsible for the Coun...
| Manager - Product Control | GOW Competitive salary + bonus + benefits | Australia-Sydney | 15 May 12 |
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Leading financial institution based in Sydney's CBD - Leadership role with outstanding mix of strategic & oper...
| Operational Manager - Operations/Process Improvement - $120k+ | Robert Walters AU$100000 - AU$120000 per annum + BONUS | Australia-Sydney | 15 May 12 |
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New role is now available at a prestigious international bank responsible for managing Operational Risk in a f...