Derivatives Risk Oversight Lead

Derivatives Risk Oversight Lead focuses on independently monitor exposures and challenge limit utilization, concentration risk, and interconnected exposures across spot and derivatives books.

What the role involves

• Independently monitor exposures and challenge limit utilization, concentration risk, and interconnected exposures across spot and derivatives books.
• Define counterparty risk framework and limits.
• Develop contingency plans accordingly, including the design of independent house stress scenarios and the ability to reproduce and challenge 1LOD stress calculations.
• Complete quarterly regulatory submissions required under the MiFID license, such as capital requirement calculation (ICAAP) and quantitative reporting, including prudential risk in.
• Support clear ownership between 1LOD and 2LOD in risk identification, challenge, escalation, and remediation.
• Promote a risk-aware culture, including facilitating regulatory-required risk training.

Confirmed role details

• If you’re ready to be at the epicenter of this historic cultural and financial shift, keep reading.

Additional role context

• By independently challenging front-line strategies and validating complex margin models, we ensure the safe and sustainable growth of our derivatives product.
• This role is based in our UK office, with in-person attendance expected at least 3 days per week.
• Our office experience is intentional, energizing, and designed to fully support high-performing teams.