London, Florida, United Kingdom
3 days ago
Risk Manager
Job Description Job Purpose ICE Clear Europe’s Clearing Risk Department (“CRD”) is looking for a front office risk manager. The successful candidate will work closely with the senior management in overseeing and shaping the risk management practice at one of the largest futures and options clearing houses in the world. You will be joining a very dynamic team, be exposed to a wide range of asset classes and be challenged with complex risk problems. You will be responsible for managing all aspects of the day-to-day risk management and drive improvement and enhancements, including identifying, developing and overseeing the implementation of new risk management tools and techniques to enhance the risk management process and risk controls. You will also contribute towards the design and implementation of new risk initiatives and products that benefit the business. Responsibilities Manage and oversee ICEU’s collateral related policies, procedures and models. Ensure all other risk management framework and risk policies are being adhered to, are accurately documented and are consistent with regulatory and industry standards Ensure intraday and end-of-day risk management processes are executed flawlessly Identify areas where the risk models, risk management processes, or infrastructure can be improved. Conduct mathematical/statistical analysis to calibrate and enhance risk models Assist with designing and implementing improvements and enhancements to models, risk infrastructure, and processes acting as the project lead in seeing through to completion Monitor model performance tests and assess the appropriateness of models in order to demonstrate policy adherence Deliver key strategic projects for the firm coordinating across multiple internal and external stakeholders Conduct project work and run thematic or ad-hoc market research on relevant risk topics Collaborate with colleagues on key policy and methodology development Communicate with representatives from clearing members, risk committees and senior management of ICE Lead and train risk analysts, fostering a strong risk culture Knowledge and Experience Must have a degree in a quantitative subject Strong risk management knowledge in financial derivatives products in multiple asset classes, with a particular focus on fixed income Must have over 5 years’ relevant experience Must have demonstrable experience in a role of the same or equivalent level and/or relevant professional experience in risk management and/or risk systems. At least some of this experience will have been gained in an investment bank, hedge fund or clearing house Proven ability to apply risk management models and techniques such as Value at Risk models, Liquidity Risk models, back-testing and stress testing models Ability to be a team player as well as to lead a team Proven ability to conduct research, analyse problems, formulate and implement solutions in an efficient, effective and independent manner Excellent written and verbal communication skills, and comfortable in communicating risk issues to senior management for decision-making purposes Attention to detail and strong problem-solving skills Experience with SQL and Python preferred Schedule This role offers work from home flexibility of one day per week.
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