Job Summary
Market Risk Manager
We are seeking an experienced Market Risk Manager to join our team. The successful candidate will be responsible for developing, implementing and enhancing monitoring methods and tools in collaboration with Sales, Sales Trading, Trading, Operations, and Risk Management.
The role requires strong analytical skills, including data-driven analysis and risk modeling. Experience in client monitoring and risk management is essential, as well as a solid understanding of derivatives and margin accounts.
Additional qualifications include a background in mathematics or financial mathematics, strong coding and programming skills, particularly in R and Python, and fluency in English and German.
Responsibilities
1. Develop, implement and enhance monitoring methods and tools in collaboration with Sales, Sales Trading, Trading, Operations, and Risk Management.
2. Monitor listed derivatives clearing clients, Lombard/margin account clients, and their corresponding cross-asset limits on an intraday basis.
3. Identify opportunities for process improvements and suggest risk-reducing measures based on data-driven analysis.
4. Issue intraday margin calls when thresholds are breached.
5. Perform risk calculations for portfolios of listed derivatives clearing clients.
6. Document operational risk incidents and ensure timely communication to relevant stakeholders.
7. Oversee the exercise and assignment processes, including identifying and managing associated risks.
8. Maintain regular communication with the Second Line of Defense and the central Risk function.
Requirements
* Completed apprenticeship in banking or finance and relevant post-graduate degree.
* Background in mathematics or financial mathematics preferred.
* At least 3–5 years professional experience in risk management.
* Strong coding and programming skills, particularly in R and Python, essential to support analytical work.
* Proven and extensive experience in client monitoring and risk management.
* Strong skills in risk modeling allow you to assess and manage complex financial exposures.
* Solid understanding and hands-on experience with derivatives and margin accounts essential for this role.
* Additional knowledge of equities, fixed income, other listed products, and crypto assets beneficial.
* Background in trading highly welcome and considered beneficial.
* Collaborative team player contributing to shared goals.
* Fluency in both English and German, written and spoken, required for effective communication.
Benefits
We offer a comprehensive onboarding program, flexible working hours, and the option to work from home. You will also receive an attractive salary and financial contributions to company pension plans.