Senior Market Risk - VP

City of London
2 weeks ago
Applications closed

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We are looking for an experienced Senior Market Risk Consultant for a contract through to 31st March 2026. The role is with our London-based banking client.
Rate of pay: £(Apply online only) per day inside IR35 via an umbrella company
Hybrid: City of London 3 days a week; 2 days a week remote working
This Senior Market Risk Consultant will implement solutions across the EMEA region.
Responsibilities include:

  • 10+ years of experience in a similar technology delivery role in Commercial and Investment Banking Market Risk IT domain
  • Extensive knowledge in Market Risk methodologies, analytics, and reporting. This includes architecting solutions for enhancement of risk measurement methodologies (e.g Rishk factors sensitivities, expected shortfall), monitoring and analysing market risk exposures, including Value at Risk (VaR), Stress testing scenarios and scenario analysis
  • Understanding of the Market Risk Business domain and best practices.
  • Experience in this domain specific technology and data architectures leveraging modern tools and data sourcing, transformation, analytics, and reporting technologies.
  • Experience in implementing in-house and vendor solutions on premise and on cloud including SaaS solutions that meet user requirements and mitigate operational risks.
  • Experience in system integration to source and process data required to meet risk and regulatory processing and disclosures.
  • Excellent communication skills with stakeholders at all levels including third parties with the ability to set and explain Risk Technology changes to a non-technical audience and mitigate issues and business impact caused by incidents.
  • Able to understand business and technical concepts, identify potential issues and risks, and provide appropriate challenge or escalation accordingly.
  • Leadership skills at a delivery level to motivate delivery stakeholders.
  • Experience in management and in depth understanding of the IT and business change delivery processes.
  • Thorough understanding of IT controls and software development lifecycle
  • Working knowledge of Agile Scrum methodology and ability to manage Agile teams.
  • Knowledge of data mining and analytics using tools such as Excel and SQL.
  • Exposure to business intelligence tools such as Power BI
  • Knowledge of the Software Development Lifecycle, software development techniques, and emerging technologies.
  • Understanding of requirements under Basel II, III, IV as well as various BIS BCBS (e.g., BCBS 239) and associated EMSA and UK regulations as they apply to Market Risk.
  • Strong problem-solving skills and ability to constructively challenge, make recommendations and design solutions.
  • Positive mindset to drive excellence and continual improvement in IT service delivery.
    Keywords: market risk, Value at Risk, VaR, SaaS, Basel, Agile, Scrum, software, SDLC, banking, bank

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