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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| Group Compliance Officer | Taylor Root London NA | UK-London | 24 May 12 |
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Leading global insurance firm has an exciting opportunity for a Group Compliance Officer to join there establi...
| C# Excel VBA Risks Systems Market Risk RAD | Orgtel £55000 - £65000 per annum | UK-London | 24 May 12 |
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excel vba, c#, developer, programmer, RAD, rapid application, finance, risk, market risk, front office, .
| Credit Risk Model Validation | Empiric Solutions £50 - £100000 per annum + bonus opportun... | UK-London | 24 May 12 |
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Senior Quantitative Analyst with experience of PD, LGD and EAD model requirements required for a high profile ...
| IB Risk - OTC Clearing Market Risk - Associate - London | J.P.Morgan Competitve | UK-London | 24 May 12 |
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Please see the job description
| AVP - Market Risk (Credit Products) | PSD RISK £Excellent | UK-London | 24 May 12 |
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My client, a prestigious Tier 1 Investment Bank, are currently seeking an experienced Market Risk Analyst in t...
| Senior Manager, Risk & Regulatory Practice | Ambition £60000.00 - £70000.00 per annum + plus b... | UK-Edinburgh | 24 May 12 |
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| Credit Officer – Director – Hedge Funds & Insurance | Robert Walters £Market Rate | UK-London | 24 May 12 |
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*** Credit Officer with significant experience in Hedge Funds and Insurance counterparties needed for tier one...
| Risk Management | Robert Walters £Market Rate | UK-London | 24 May 12 |
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Our client, a leading banking institution is currently recruiting within operational risk
| Senior Risk Analyst | Darwin Rhodes £excellent | UK-London | 24 May 12 |
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A well established Lloyds Syndicate are looking for a Senor Risk analyst to perform a number of reporting and ...
| Senior Analyst | Darwin Rhodes £excellent | UK-London | 24 May 12 |
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An exciting opportunity has arisen in a market leading Financial Services organisation, specialised in Investm...
| Quant with Equity/ FX | Darwin Rhodes £excellent | UK-London | 24 May 12 |
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My client is currently seeking for an experienced Quant with Equity/ FX background. This role is for a senior ...
| Senior Financial Engineer | Darwin Rhodes £excellent | UK-London | 24 May 12 |
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My client is an established Investment Banking Consultancy is currently looking for a Senior Financial Enginee...
| Senior Financial Engineer | Darwin Rhodes £excellent | UK-London | 24 May 12 |
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My client is an established Investment Banking Consultancy is currently looking for a Senior Financial Enginee...
| Counterparty Credit Risk Manager | Darwin Rhodes £excellent | UK-London | 24 May 12 |
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My client is well established Financial Services organisation is currently expanding their Counterparty Credit...
| OTC Clearing Market Risk - Associate | McGregor Boyall £70k | UK-London | 24 May 12 |
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Associate in EMEA: OTC Clearing Market Risk
| Market Risk Manager – VaR Reporting – VP | Robert Walters £Market Rate | UK-London | 24 May 12 |
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*** Candidate with extensive experience in Market Risk and VaR Reporting required for tier-one Investment Bank...
| FX / IR Independent Price Verification – AVP | Robert Walters £Market Rate | UK-London | 24 May 12 |
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*** Candidate with experience in either IPV or product control and FX or IR product experience needed for tier...
| Valuations Manager | Robert Walters £Market Rate | UK-London | 24 May 12 |
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Our client is looking for a Valuations Manager to control function to perform IPV (Independent Price Verificat...
| Credit risk manager focusing on regulatory risk / Basel III for a Top Tier bank \\ LDN | Carlton CP excellent | UK-London | 24 May 12 |
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My client is a Top Tier bank who is searching for an experienced credit risk manager for their regulatory risk...
| Vice President Credit risk analyst in Commodities / Infrastructure / Trade Finance for a Top Reinsurer // London, UK. | Carlton RK excellent | UK-London | 24 May 12 |
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My client is a Top International Reinsurer who is looking for a Credit risk manager in commodities to join the...
| Credit Risk Analyst – Credit Insurance – London | Real Staffing £40-50,000 + Competitive Bonus and Packa... | UK-London | 24 May 12 |
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My Client, a Lloyd's of London Coverholder and Managing General Agent, is looking for an individual to take up...
| Energy Credit Risk Manager | MC Partners Ltd. Highly Competitive | UK-London | 24 May 12 |
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Top commodities player requires dynamic and experienced Credit Risk Manager.
| Top British Bank Seeks Senior Credit Manager – Financial Institutions – Emerging Markets - London, England | Selby Jennings £100-120k (not including benefits and bo... | UK-London | 24 May 12 |
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This firm is seeking a highly experienced Credit Manager to carry out in-depth credit analysis and provide app...
| Energy Credit Risk Manager - German or Russian speaker | MC Partners Ltd. Competitive | UK-London | 24 May 12 |
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Top commodities player requires dynamic and experienced Credit Risk Manager with language skills. Excellent op...
| Senior Market Risk Specialist with Commodities | Cameron Kennedy £65000 - £90000 per annum + Bonus and Be... | UK-London | 24 May 12 |
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Creating a large global risk measuring, analytical, and reporting processes to ensure flexible and timely mark...
| IT Security Manager | Hamlyn Williams 55,000- 75,000 | UK-London | 24 May 12 |
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This is an exciting opportunity to work for a Global Investment Management company committed to structuring an...
| Trading Book Data Analytics OTC team lead | Citi not disclosed | UK | 24 May 12 |
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See job description below
| Derivatives Risk Manager - Commodities Trader | MC Partners Ltd. Competitive | UK-London | 24 May 12 |
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Our client, a global and well established commodities player, has a requirement for a Derivatives Risk Manager...
| VP - Hedge Fund Credit Risk Analyst | MC Partners Ltd. Competitive | UK-London | 24 May 12 |
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Our client requires a strong FI Credit Analyst for a position within Hedge Fund Credit Risk.
| Retail Energy Analysis Manager | Connect Resourcing £Excellent with good bonus and benefits | UK-West Midlands | 24 May 12 |
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Leading Midlands based Retail Energy business is now seeking an experience Analysis Manager to join their Fore...