DefaultRisk.com the web's biggest credit risk modeling resource.
DefaultRisk.com the web's biggest credit risk modeling resource. | |
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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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| Technical Valuations Quant - VP | Morgan McKinley NA | UK-London | 21 May 12 |
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Global investment bank seeks VP level Quant Analyst as part of its specialist Quantitative Valuations modellin...
| Quantitative Risk Analyst, Portfolio Risk Management | ITS-City Excellent | UK-London | 21 May 12 |
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My client is a Leading Investment Bank is seeking a Quantitative Risk Analyst to join a Pricing and Risk Model...
| Operational Risk Manager | Mirage Recruitment Limited Extremely competitive plus bonus and ben... | UK-London | 21 May 12 |
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A leading global investment House is looking for a senior hire to oversee its operational risk capabilities. T...
| Business Analyst - Market Risk IT – Leading Investment Bank | Orgtel £65000 - £85000 per annum + Excellent pa... | UK-London | 21 May 12 |
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Business Analyst - Market Risk IT – Leading Investment Bank .
| Market Risk Analyst - French speaker required | Saxton Leigh £25000 - £35000 | UK-London | 21 May 12 |
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Our client is a specialist financial services firm dealing with wide variety of products. They are currently l...
| Top British Bank Seeks Senior Credit Manager – Financial Institutions – Emerging Markets - UK , London | Selby Jennings £100-120k (not including benefits and bo... | UK-London | 21 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...
| Senior Oil Refinery Market Analyst | Oil Recruitment Ltd Competitive | UK-London | 21 May 12 |
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International Oil Trading Company is looking for a Senior Oil Refinery Market Analyst to join an expanding tea...
| Operational Risk Manager | Chase Cooper Resourcing to £60K + Benefits | UK-London | 21 May 12 |
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Reputable Investment Management and financial advisory services company based in the City is looking for an ar...
| Director Operational Risk | Barclay Simpson Competitive | UK-London | 21 May 12 |
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Our client an Investment Bank seeks experienced Operational Risk technician to develop the profile of Operatio...
| Operational Risk Manager | ED & F Man Holdings Limited Competitive | UK-London | 21 May 12 |
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ED&F Man are looking for an Operational Risk Manager to report directly to the Head of Group Operational Risk ...
| Head of Operational Risk Management | ED & F Man Holdings Limited Competitive | UK-London | 21 May 12 |
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ED&F Man are looking for a Head of Operational Risk Management to report directly to the Head of Group Risk an...
| Market Risk Business Analyst | Hudson Risk IT £50,000 - £100,000 | UK-London | 21 May 12 |
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Market Risk, Business Analyst, VaR, Historical Simulations, Monte Carlo, Stress Testing, MR Framework, UAT, UM...
| TWO SENIOR MANAGERS, COUNTERPARTY CREDIT RISK, PRESTIGIOUS INTERNATIONAL FINANCIAL SERVICES RISK CONSULTANCY | Incarter International Ltd £90-125,000 PLUS BONUS AND FULL PACKAG... | UK-London | 21 May 12 |
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Successful, growing area: managing Counterparty Credit Risk arising from clients' exposure to derivatives and ...
| RWA Senior Analyst | Randstad Financial & Professional £300 - £600 per day | UK-London | 21 May 12 |
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RWA Senior Analyst An immediate opportunity has arisen for an experienced RWA Senior Analyst to join our clien...
| Market Risk Analyst - Risk Systems - French Investment Bank | Orgtel £70000 - £80000 per annum | UK-London | 21 May 12 |
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Leading French Investment Bank with an excellent Risk Management department is looking for a Market Risk Analy...
| Head of Compliance - (Stockbroker) - London / City | Guru Resourcing Ltd £70-£100K (DOE) | UK-London | 21 May 12 |
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We are seeking a Head of Compliance to join an expanding Stockbroker and Corporate firm based in the heart of ...
| Group Risk Manager | Eames Consulting -Actuarial competitive | UK-London | 21 May 12 |
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My client is a hugely successful London market carrier, looking for an ambitious and innovative analyst/manger...
| Information Risk Governance Manager | JCW £60,000-70,000 | UK-South West | 21 May 12 |
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Information Risk Governance MGR-Southampton Large Financial Services organisation is in need of a Senior Info...
| Credit risk manager focusing on regulatory risk / Basel III for a Top Tier bank. | UK//LDN | | Carlton CP excellent | UK-London | 21 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...
| Head of Risk - Exclusive to JCW | JCW circa £150k base, potentially flexible | UK-London | 21 May 12 |
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Head of Risk sought by global banking client - JCW retained exclusively on this search.
| Market Risk Analyst | Finance Professionals £40000 - £80000 per annum | UK-London | 21 May 12 |
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To assist senior management in their oversight of the Investment Process through the provision of investment r...
| Market Risk Manager | Elliott James Consulting Negotiable | UK-London | 21 May 12 |
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My client is a leading Middle East based Sovereign Wealth Fund. Due to continued growth and trading activity a...
| Liquidity Risk BA | Saxton Leigh c£70000 | UK-London | 21 May 12 |
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Our client is an instantly recognizable name in the international banking arena. They specialize in wholesale ...
| Operational Risk Manager | Saxton Leigh c£60000 | UK-North West | 21 May 12 |
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Our client is a leading financial services house with international operations. They are currently looking to ...
| Credit Exposure Model Validation Director | Millar Associates To £250K | UK-London | 21 May 12 |
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This global investment bank's Model Validation team builds and reviews their Front Office credit exposure mode...
| Market and Credit Risk Manager | Saxton Leigh £75,000 - £95,000 | UK-London | 21 May 12 |
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Our client is a well established Asset Manager based in the City who offer a range of products mainly to a pri...
| AVP - Credit Risk Quantitative Analyst | Saxton Leigh £60,000 - £70,000 | UK-London | 21 May 12 |
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Our client is one of the UK's leading wholesale banks with established global operations. As part of a signifi...
| Credit Risk Analyst | Saxton Leigh £30-£40,000 pro rata | UK-London | 21 May 12 |
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Our client is a leading exchange. They are currently looking to hire a junior credit analyst for their establi...
| Vice President Credit risk analyst in Commodities / Infrastructure / Trade Finance for a Top Reinsurer | UK | London | | Carlton RK excellent | UK-London | 21 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...
| Associate/AVP Operational risk role – LEADING investment bank – London – UK – Framework implementation within an operational risk environment – manager level role – London United Kingdom | GQR Global Markets Extremely competitive – relative to expe... | UK-London | 21 May 12 |
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A leading investment bank In London is looking to appoint an associate/AVP level operational risk analyst for ...
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