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Risk manager - equity vol

London
Millennium
Risk manager
Posted: 1 October
Offer description

We are searching for an experienced and dynamic professional to join our Equity Volatility and Funding Arbitrage risk team. In this position, they will be responsible for helping to drive the risk management framework for our equity derivatives portfolios in EMEA, ensuring robust risk controls, and driving initiatives to manage and mitigate risks effectively. The ideal candidate will have a background in trading equity derivatives (including exotics), strong analytical skills, and the ability to lead a small team in a fast-paced, complex trading environment. The position will be based in London with regional responsibilities. Responsibilities Apply firm-wide risk management methodology for equity derivatives products and develop tools to monitor P & L and explain performance to senior management Interview prospective PMs, conduct risk surveys, suggest risk and capital limits Set and monitor VAR, stress, scenarios and other risk limits; resolve overages; and engage in regular discussions with PMs about their positions and portfolios Conduct regular reviews of existing PMs risk, portfolio, and capital usage. Report to senior management on performance and risk of PMs, including proactive alerting to management regarding vulnerabilities across the portfolio Communicate directly with business management when exposures grow beyond established tolerances Maintain a forward outlook on markets and event risks Collaborate closely with technology groups to develop and prototype new risk capabilities Build and enhance tools and models to manage risks across and explain P & L drivers across products in area of coverage Qualifications 5 years of equity derivatives trading experience; including options, variance swaps and VIX derivatives, and exotics 5 years of equity derivatives/delta 1 trading experience; potentially including at dividends, funding spread, options, variance swaps and VIX derivatives, and exotics Cross asset experience including rates, FX and commodity derivatives preferred Strong interpersonal skills, with the ability to communicate effectively with stakeholders throughout the firm Proven leadership and team management responsibilities Strong quantitative, analytical, and statistical analysis skills Programming skills are a plus; preferred language is Python

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