09 Oct
StoneX
London
Job description
Overview
Connecting clients to markets and talent to opportunity
With 4,300 employees and over 400,000 retail and institutional clients from more than 80 offices spread across five continents, we’re a Fortune-100, Nasdaq-listed provider, connecting clients to the global markets focusing on innovation, human connection, and providing world-class products and services to all types of investors.
Whether you want to forge a career connecting our retail clients to potential trading opportunities, or ingrain yourself in the world of institutional investing,
Institutional : Immerse yourself in the best-in-class institutional-grade technology, working alongside industry experts and gaining exposure to various asset classes,
such as equities, options, fixed income securities, and advanced trading, research, and management technology.
Corporate : Engage in a deep variety of business-critical activities that keep our company running efficiently. From strategic marketing and financial management to human resources and operational oversight, you’ll have the opportunity to optimize processes and implement game-changing policies
Position purpose :
This position will help support the institutional business expand it’s offering and help implement Risk procedures and policies around the business.
Responsibilities
Primary duties will include :
- Monitor Counterparty Credit Risk and Market Risk exposures originating from the Securities business area and taking action when necessary to protect the firm’s capital.
- Performing analysis of client and firm portfolios to ensure the underlying risk factors fit within the firm’s risk appetite levels.
- Responsible for communicating risk of positions to brokers,
traders and / or customers and ensuring the risk of positions are within Risk appetite levels.
- Review and streamline workflows, identify potential risks and implement mitigation plans.
- Be the Market Risk lead on new business initiatives as the business continues to grow and implement appropriate Risk frameworks for the business.
- Update relevant documentation including internal Risk procedures as appropriate
- This list of duties and responsibilities is not intended to be all-inclusive and can be expanded to include other duties or responsibilities that management deems necessary.
Qualifications
To land this role you will need :
- Solid experience with good exposure to managing the risks related to a Securities Financing business (Equities and Fixed Income).
- Ability to build and maintain effective working relationships across all areas of the firm and communicate effectively across all levels.
- Good analytical and problem solving skills.
- Ability to work independently and take initiative when required whilst also working alongside a broader risk team.
- Strong organizational skills with an interest in working in a fast-paced environment, often balancing multiple high priority deliverables.
What makes you stand out :
- Strong IT skills to facilitate data analysis, competency using MS Excel, SQL or Python preferred.
- A practical understanding of market risk concepts such as VaR, sensitivities and stress testing.
- An understanding of margining rules under GMRA and GMLSA.
- Strong work ethic and emphasis on attention to detail.
Education : Bachelor degree
Bachelor degree
Work environment : Hybrid / In- office
Hybrid / In- office
▶️ Senior Market Risk Manager
🖊️ StoneX
📍 London