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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| Client Money (CASS) Analyst | SEI Investments (Europe) Ltd. Competitive Salary with Excellent Benefi... | UK-London | 25 May 13 |
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The Client Money (CASS) Analyst reports to the Client Money & Assets Manager, they will be responsible for del...
| Operations Regulatory Analyst (CASS) | SEI Investments (Europe) Ltd. Competitive Salary with Excellent Benefi... | UK-London | 25 May 13 |
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Primarily the Operations Regulatory Analyst will support the requirements and report directly to the CF10a. Th...
| Operational Risk Manager | Newedge Competitive + bens + bonus | UK-London | 24 May 13 |
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DEPARTMENT: Operational Risk JOB TITLE: Operational Risk Manager RESPONSIBILITIES: General: • Act as an in...
| AVP/VP Risk Management (Rates and FX) - New Function - Singapore | Mondrian Alpha Negotiable | UK-London | 24 May 13 |
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A major Investment Bank experiencing large growth in Asia are looking to make a key hire in to a newly formed ...
| Head of Exotics Product Control - Director - Singapore | Mondrian Alpha negotiable | UK-London | 24 May 13 |
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An expanding organisation that is more in to the exotics space are looking to make a key senior support functi...
| Head of Product Control (SVP/D) – Australia – Relocation package | Mondrian Alpha Negotiable | UK-London | 24 May 13 |
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An Investment Bank is looking for a new head of product control for its expanding Australia office.
| VP / D level Controllers required for IB Front Office Business Management Group – London & Asia | Mondrian Alpha negotiable | UK-London | 24 May 13 |
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An IB growing out a specialist FO Business Management function are looking for senior Investment Banking Contr...
| SAP Business Objects Analyst / Developer - Senior Associate - Investment Banking - £65k | Mondrian Alpha upto £70k | UK-London | 24 May 13 |
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My client, a Global Investment Bank is looking to recruit an experienced SAP Business Objects Analyst / Develo...
| Credit Risk Portfolio Reporting | Huxley Associates GBP75000 - GBP110000 per annum + Benefit... | UK-London | 24 May 13 |
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Fantastic opportunity to work with a Tier One Investment Bank in a role with exposure across the department
| Highly Quantitative Risk Manager – Equities – Leading buy side institution | GQR Global Markets £ Excellent total package | UK-London | 24 May 13 |
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Leading Hedge Fund who specialise in quantitative strategies across Equities is currently looking for a Quanti...
| Business Partner, Impairments, Bristol, £350 | Orgtel GBP300 - GBP350 per day | UK-South West | 24 May 13 |
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Business Partner, Impairments, Bristol, £350
| Risk Manager | Black Swan Group GBP65000 - GBP75000 per annum | UK-London | 24 May 13 |
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Execution only brokerage seeks a hands-on multi-discipline risk manager to build and develop risk policies and...
| Valuation Control | Huxley Associates GBP40000 - GBP50000 per annum + Benefits | UK-London | 24 May 13 |
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A Tier 1 Investment Bank based in the City is looking to hire a junior candidate to join their Rates Exotics &...
| Retail Credit Risk Portfolio Analytics Manager | Hays Specialist Recruitment GBP45000.00 - GBP65000.00 per annum + be... | UK-London | 24 May 13 |
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High profile role within the retail risk analytics function of this universal banking organisation, leading a ...
| Credit Risk Specialised Industries AVP | Hays Specialist Recruitment GBP55000.00 - GBP65000.00 per annum + be... | UK-London | 24 May 13 |
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Opportunity in this top tier corporate/investment global bank, focussed upon a broad range of specialised sect...
| Senior Test Analyst - (Market/Credit Risk, CVA / RVA) | EPAM Systems Ltd Negotiable | UK-London | 24 May 13 |
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Senior Tes Analst - (Market/Credit Risk, CVA / RVA) - Epam Systems are looking for a hands-on Senior or Lead T...
| Operational Risk Analyst – Asset Management | Barclay Simpson Competitive | UK-London | 24 May 13 |
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Our client, a leading Asset Managers, seeks an experienced Operational Risk Analyst to support the central ris...
| Operational Risk Manager | Barclay Simpson Competitive | UK-London | 24 May 13 |
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Our client a specialist financial services institution seeks a Risk Manager to join their central risk team to...
| Operational Risk AVP | Barclay Simpson To £50,000+bens+bonus | UK-London | 24 May 13 |
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Our client a major international financial services company seeks Operational Risk Manager to work with the bu...
| Risk Control- Counterparty risk exposure & Excess management analyst | UBS Market Rate | UK-London | 24 May 13 |
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The Risk Control Operations (RCO) team are looking for a Highly motivated self-starter with good Counterparty ...
| Head of Operational Risk – CONTRACT | JCW Search £800 - £850 p/d | UK-London | 24 May 13 |
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Our client, a UK based retail bank, is currently recruiting for an interim Head of Operational Risk to join th...
| Operational Risk Manager - Asset Management/Private Banking | Carr Lyons Competitve | UK-London | 24 May 13 |
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Operational Risk Manager - Asset Management/Private Banking
| Credit Risk Reporting - Backtesting (VBA/SQL) | Carr Lyons Competitive package | UK-London | 24 May 13 |
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Credit Risk Reporting - Backtesting (VBA/SQL) A leading global investment bank is looking for a VP Level ca...
| Head of Risk Practice (Treasury) | 7FiftyTwo Solutions £100-130k basic + Benefits + Bonus | UK-London | 24 May 13 |
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Global Consultancy is looking for a new Practice Lead to head up a new Treasury Risk Division
| Economist | The European Central Bank Competitive | UK-London | 24 May 13 |
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Job description:
| Head of Data and Systems | Taylor Harrison Competitive plus benefits | UK-London | 24 May 13 |
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Our client, one of the UK's most respected financial services players, seeks a senior Risk professional for th...
| VP Operational Risk Modelling | Greenwich Atlantic Associates Competitive | UK-London | 24 May 13 |
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Top tier bank seeks an individual to help with the development and maintenance of my client's Operational Risk...
| Market Risk Manager - Structured Commodities | Greenwich Atlantic Associates Competitive | UK-London | 24 May 13 |
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My client, a global commodities house, are looking for a risk manager to play a key role in establishing and ...
| Credit Risk Loans & Derivatives | Greenwich Atlantic Associates Dependent on experience | UK-London | 24 May 13 |
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Leading Investment Bank seeks a strong credit risk professional to analyse counterparties, identify and quanti...
| Credit Risk Methodology - Vice President | Greenwich Atlantic Associates Competitive | UK-London | 24 May 13 |
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A prestigious investment bank are seeking a quantitative credit risk professional with specific IMM / Basel ex...