Market Risk jobs
The Risk and Compliance division of Hays provides a highly specialist recruitment service to risk and compliance departments across the financial services sector.
This includes investment, wholesale and retail banking, asset/investment management, insurance, mortgages, financial advisors and professional services and consultancy firms.
Market risk jobs dissected
Maintaining an effective risk management framework, this involves the scrutiny of risk exposure using risk measurement models.
Market risk jobs incorporate the analysis and reporting of market risk data and the carrying out of plausibility checks.
Other areas covered by market risk include:
- Analysis of ‘Value at Risk’ models, scenario analysis and back testing
- Preparation of reports, procedure, mathematical models and methodologies
- Determination of risk appetite, limits and capital allocation
- Internal risk consultancy (insurance) - risk tolerance and scenario models
Interim market
Demand for specific project roles given FSA regulations - implementation of new systems and controls. The New European Directive - MIFID - will also bring about greater demand as knowledge of this regulation is rare.
The market has been buoyant in the insurance industry with the introduction of ICOB and similarly KYC projects in the compliance field have also attracted graduates.
Read our key terms and definitions.
