Description

In this role, you will oversee risk management for the banking book, ensuring compliance and data integrity while analyzing key risk metrics. Daily responsibilities will include challenging trade activities and enhancing the risk framework, making a significant impact on the firm's operations.

Requirements

• •University degree with a focus on economics, business administration, banking, or comparable qualification
• •5-7 years of relevant work experience in financial services, ideally within financial risk management, middle office, product control, or related control/governance function
• •Strong product knowledge across various financial instruments and their valuation
• •Proven knowledge of the trade lifecycle, data-flow architectures, and key processes within front-to-back office environments
• •Deep understanding of the Banking Book, including knowledge of interest rate risk, credit risk, and liquidity risk
• •Experience in credit underwriting, credit processes, credit risk management, and related regulatory governance structuring
• •Strong proficiency in risk measurement techniques and a solid grasp of financial products
• •Prior experience in Middle Office functions is a significant advantage
• •Familiarity with regulatory reporting requirements for Banking Book exposures
• •Excellent quantitative, analytical, and problem-solving skills, with the ability to communicate complex risk issues clearly and effectively
• •Fluent English language skills; German language fluency is a strong advantage

Tasks

• •Oversee and assess risks in the banking book
• •Perform independent reviews of Front Office and Back Office activities
• •Challenge completeness of trade documentation and limit approval processes
• •Review trade booking, P&L attribution, and valuation methodologies
• •Conduct Market Conformity Checks (MCC)
• •Interface in new product processes and significant process changes
• •Analyze and monitor key risk metrics and report to management
• •Develop and enhance risk management framework and policies
• •Ensure compliance with internal risk limits and regulatory requirements
• •Maintain data integrity from legal books to general ledger
• •Assess effectiveness of Middle Office controls and data integrity
• •Drive improvements in risk-related data quality and reporting
• •Act as a liaison for auditors and regulatory bodies regarding risk exposure

Benefits