The Role – Trading & Wholesale Conduct Risk – Assistant Manager
We require the individual to support technical client projects and internal product development around risk and regulatory issues within complex trading and wholesale businesses.
Support the development of trading and wholesale conduct topics including Market Abuse, Benchmarks and Risk Free rates, FX Conduct, Standards in wholesale markets and Electronic trading.
Advise clients on the benefits and impact of regulations, current industry practices and advancements relating to trading businesses.
Support the co-ordination and delivery of all aspects of consulting projects
Keep abreast of all latest trends and any new regulations, leveraging off international SME support where applicable.
The individual may also be required to apply their skills to a broad range of banking risk related issues supporting both regional and national propositions.
Qualifications & Skills:
Good understanding of trading businesses.
Understanding of financial products (cash and derivatives) including the front to back of how they are traded, booked and risk managed.
Familiarity with role of key bank functions including Front office, Market Risk, Product Control, Treasury and Compliance.
Knowledge of new regulatory developments impacting banking clients and impacting trading businesses.
A practical understanding of the ‘three lines of defence’ model.
Flexibility, proactivity and agility to contribute to a broad range of banking engagements.
Excellent oral / written communication, planning, project management, networking and influencing skills.
Flexibility to work across the UK (and internationally) where required.
Higher qualification in mathematical subject (Maths, Economics, Physics, Engineering etc) (or other related degree) or programming skills advantageous.
Experience & Knowledge:
Experience of financial products and front-to-back controls either through working in a Front Office, Market Risk, Product Control or consulting environment.
Risk management experience within a banking, market infrastructure and/or asset management organisation us advantageous
Experience of regulation impacting banks trading functions – Mifid II, EU BMR, SMCR, MAR.
Strong project management skills, evidenced by a demonstrable record of technical change management in a trading / treasury environment.