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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| Risk Management Officer, Bahrain | Gulf Connexions Competitive | Bahrain-Manama | 20 Jun 13 |
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Our client, a leading investment institution in the Oil and Gas sector, is currently expanding and is in searc...
| Senior Manager/Associate Director, Forensics & Financial Investigations | Taaheed Competitive Tax-Free Salary | UAE-Dubai | 20 Jun 13 |
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Global Consulting firm with a rich history in the Middle East is seeking a Senior Manager/Associate Director t...
| Sugar Commodity Research & Risk Management - Manager – Based in Dubai | Cosmo Trade Resources S.A. Competitive | UAE-Dubai | 19 Jun 13 |
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For an Intl Trading Co. based in Dubai we are looking for a Sugar Commodity Research & Risk Management - Manag...
| Credit Policy & Portfolio Management Manager | Michael Page Up to 40k QR per month plus bonus and me... | Qatar-Doha | 18 Jun 13 |
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Candidate will support the business by providing a framework for credit risk thresholds, monitoring the loan b...
| Senior Risk Analyst - Investment Bank - Abu Dhabi | Cobalt Recruitment AED 30k to 35k per month + Bonus + Ben... | UAE-Abu Dhabi | 17 Jun 13 |
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A fantastic opportunity has arisen for my client, a leading investment bank in Abu Dhabi, who is currently loo...
| Head of Branch Operations | Michael Page Very Competitive Market Package | Qatar-Doha | 17 Jun 13 |
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Fantastic career opportunity to join one of the GCC''s fastest developing banks as Head of Branch Operations, ...
| Information Security Manager | Barclay Simpson £60,000 Tax Free +bens | Qatar-Doha | 16 Jun 13 |
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Information Security Manager - Banking - Doha - Qatar
| Commodity Research & Risk Manager | Morgan McKinley Competitive | UAE-Dubai | 16 Jun 13 |
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Currently looking to recruit a Commodity Research & Risk Manager for leading company, Must have excellent kno...
| SENIOR CREDIT ANALYST, CORPORATE AND PROJECT FINANCE | Warner Scott USD135000 - USD200000 per annum + Compet... | Qatar-Doha | 14 Jun 13 |
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Commercial bank that is expanding throughout the GCC is seeking an experienced Senior Credit Analyst that has ...
| Head of Business Risk Review/Corporate/Wholesale/Treasury | McGregor Boyall Excellent plus beneftis/bonus | UAE-Abu Dhabi | 14 Jun 13 |
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Leading regional Bank based in the UAE is looking to appoint a Head of Business Risk Review to report to the G...
| SENIOR CREDIT RISK ANALYST | Warner Scott COMPETITIVE | UAE-Abu Dhabi | 13 Jun 13 |
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PERFORMING DUE DILIGENCE AND CREDIT UNDERWRITING FOR PRIVATE BANKING LOANS TO HIGH NET WORTH INDIVIDUALS, LEAD...
| Branch Manager, Futures First (Kenya) Limited, and Head of Capital Markets, Kenya | Futures First (Kenya) Limited Competitive | Kenya | 13 Jun 13 |
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First, to head and manage all aspects of the Nairobi branch of a global network of IT-enabled service companie...
| Unit Head of Credit Structuring & Analysis | Barclay Simpson Highly Competitive + Bens + Bonus | UAE-Dubai | 12 Jun 13 |
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Our client is a leading international bank with a rich history of success both within the Middle East and glob...
| AVP – Credit Risk Policy | Barclay Simpson Highly Competitive + Bens + Bonus | UAE-Dubai | 12 Jun 13 |
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Our client is a leading international bank with a rich history of success both within the Middle East and glob...
| Senior Manager - Market Risk - Treasury | McGregor Boyall Excellent Package and bonus scheme | UAE-Abu Dhabi | 12 Jun 13 |
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A leading UAE banks seeks a Senior Manager who will be responsible for the development of the Market risk mana...
| Treasury Product Control Manager | Leap29 US$100,000 | Qatar-Doha | 07 Jun 13 |
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Treasury Product Control manager, responsible for product control within the Treasury function reporting to th...
| Consultant & Analyste Risk Management sur FX, Commodities et Taux d'intérêts | Haris Financial Package attractif à discuter selon profi... | Morocco | 06 Jun 13 |
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Haris Financial est un Cabinet de Conseil en Risk Management basé à Casablanca au Maroc. Nous intervenons prin...
| Operational Risk Manager (Investment) | Leap29 Competitive | UAE-Abu Dhabi | 05 Jun 13 |
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My client is a leading local institution who is currently searching for a high caliber Operational Risk manage...
| Head of Fraud Management | Not Disclosed Competitive | UAE-Abu Dhabi | 22 Apr 13 |
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Is to provide strategic, policy and operational direction to the Bank in respect of all areas of fraud managem...
| Risk and Compliance Manager, Head | Swisslinx AG Competitive | UAE-Abu Dhabi | 14 Mar 13 |
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On behalf of our client, a stable and reputable hedge fund in Abu Dhabi, Swisslinx is currently seeking an exp...