Job Description
The experience expected from applicants, as well as additional skills and qualifications needed for this job are listed below.
Senior Market Risk Manager – Fixed Income & Credit
London | Permanent | Senior Manager Level
A global financial services institution is looking for a Senior Market Risk Manager to cover its Fixed Income, FX, and Credit trading activities. The position sits within a central risk function that plays a critical role in safeguarding trading activity, shaping governance, and ensuring risk-taking remains within approved boundaries.
Responsibilities
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* Oversee day-to-day risk across fixed income and credit trading desks, monitoring sensitivities, Value-at-Risk, stress tests, and scenario outcomes.
* Investigate significant risk drivers, portfolio shifts, or P&L movements, and ensure timely escalation of issues.
* Review and challenge the design and effectiveness of risk methodologies, including coverage of risks outside traditional models.
* Act as an independent control point for new products and structures, ensuring risks are clearly understood before adoption.
* Work with senior stakeholders on stress testing exercises, capital considerations, and broader governance processes.
* Track relevant macroeconomic and credit market events, assessing their impact on trading portfolios.
* Contribute to internal and regulatory reporting and participate actively in risk committees.
Profile Sought
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* At least 5 years’ professional experience in a risk management, trading, or control role related to fixed income or credit markets.
* Strong understanding of derivatives, risk measurement techniques (VaR, sensitivities, stress testing), and regulatory capital concepts.
* Confident communicator able to challenge trading desks and present to senior management.
* Academic background in a quantitative discipline (e.g. Economics, Finance, Engineering, Mathematics, Physics). Professional qualifications such as CFA or FRM are an advantage.
The Opportunity
This is a chance to join a well-regarded institution with a global footprint and a strong presence in fixed income and credit markets. The successful candidate will gain visibility with senior management, influence governance processes, and develop expertise across a diverse set of risk exposures.