Under this sector, you'll find listed all of our risk management jobs in investment banks, asset managers, hedge funds and other financial services firms. As we've all learned from the recent financial crisis, financial services can be a very risky industry. If risk management professionals are not available to stem employees' desire to push boundaries for bigger profits, whole banks can go bankrupt.
Professionals who work in risk deal with technology, operations, audit, compliance and other control functions within a bank or financial organization. Risk management jobs are usually split into different areas, though the most common are market risk, credit risk and operational risk.
Market risk is the risk that a whole portfolio of traded financial products (for example, stocks, bonds or commodities) drops in value at the same time because of outside, sometimes unpredictable events, like rising oil prices or terrorist bombs. Four standard market risk factors used are stock prices, interest rates, foreign exchange rates and commodity prices.
Market risk professionals aim to price and model risk across a variety of asset classes, such as derivatives (forwards, futures, options, swaps). They should communicate clearly with traders and supply the front office with clear risk assessments.
Credit risk is the risk of loss of principal if a borrower fails to pay back a loan. A job in credit risk requires mitigating this risk by creating credit proposals and credit reviews, which show the business independent judgments about the financial backgrounds of potential and existing borrowers.
Credit risk positions require working with the lending team to check that credit proposals or extensions meet with approval or are declined in agreement with the firm's own credit policies and local regulations. Many lenders have their own credit scorecards and list prospective and current customers according to risk. A variety of factors are examined, including operating experience, management expertise, asset quality and leverage and liquidity ratios.
Operational risk is the risk that a bank will suffer damage or losses from internal factors or problems like a systems breakdown or financial wrongdoing. A job in operational risk involves devising front-to-back reviews of business processes which are then reported to business managers.
Positions in operational risk necessitate creating risk self assessments of business units, spreading information about the firm's risk policies and finding and reporting any change in risk. They also meet with internal audit, external audit and regulators.
Many risk professionals have qualifications developed to advance their understanding, job opportunities, professional reputation and salary. As an example, the Financial Risk Manager (FRM) designation from the Global Association of Risk Professionals is awarded to those who have at least two years' work experience in financial risk management and successfully pass two examinations.
The Professional Risk Managers' International Association (PRM) is awarded to financial risk managers who successfully pass four exams on subjects including financial theory, financial instruments and markets and mathematical foundations of risk measurement.
Show more » « Show less
| Market Risk Programme Manager | 33Six £85k - £110k + benefits + 20-40% bonus | UK-London | 15 May 12 |
|---|
A fantastic opportunity has arisen at a leading Investment Bank for a Programme Manager to work within the Mar...
| Senior Java Developer needed within Front Office Risk IT at large Investment Bank | 33Six £60k - £110k £500-£700pd | UK-London | 01 May 12 |
|---|
An opportunity to work closely with the Front Office traders and sales teams in a key strategic area for the o...
| Director, Financial Risk Management | 7 Fifty Two Solutions (Licence no. J193702G) Negotiable based on experience | China-Shanghai | 11 May 12 |
|---|
Director, Risk Management, Basel II, credit risk, market risk, operational risk, liquidity risk, risk modellin...
| Credit Sales Specialist | 7FiftyTwo Solutions Highly Competative | UK-London | 15 May 12 |
|---|
A leading Global Tier 1 provider of financial products and software is looking for a strong Credit sales perso...
| Market Risk Officer | A L Associates Significant / Long-term equity for outst... | UK-London | 16 May 12 |
|---|
Global private trading company require an experienced commodity market risk manager.
| Officer Investment Risk Modelling | ABN AMRO Bank ntb | Netherlands-North-Holland | 03 May 12 |
|---|
Risk modeling,global products & solutions
| Expert Risques | ACTIV'SI A négocier | France-Paris | 21 May 12 |
|---|
ACTIV'SI est un cabinet conseil sur les métiers de la Banque et de la Finance spécialisé dans le domaine du ...
| Consultant MOA Risques | ACTIV'SI A negocier | France-Paris | 21 May 12 |
|---|
ACTIV'SI est un cabinet conseil sur les métiers de la Banque et de la Finance spécialisé dans le domaine du ...
| Credit Risk Consultant | Aegis Srl Competitiva | Italy-Lombardia | 04 May 12 |
|---|
Aegis Human Resources ricerca per primaria società internazionale di consulenza: Credit Risk Consultant Ri...
| Portfolio Risk Manager GA/ IL | Aegon Asset Management nvt | Netherlands-South-Holland | 18 May 12 |
|---|
We are looking for a Portfolio Risk Manager GA/ IL
| Medior Financial Analyst (PRC) | Aegon Asset Management nvt | Netherlands-South-Holland | 16 May 12 |
|---|
We are looking for a Medior Financial Analyst
| Senior Manager / Manager – Insurance Risk Management, Asia | Ageas Insurance Company (Asia) Limited Competitive | Hong Kong SAR | 02 May 12 |
|---|
Ageas Insurance Company (Asia) Limited is one of Hong Kong's largest life insurance companies. We are a wholly...
| Business Analyst, Credit Risk | Agg Jones £400-500 per day (Ltd Company) | UK-London | 15 May 12 |
|---|
Agg Jones are currently working with the Wealth arm of Tier 1 Bank who are looking to appoint a Business Analy...
| HR-Operational Risk Manager | AIG NA | New York, NY, 10001 | 15 May 12 |
|---|
.
| Insurance Manager | AkzoNobel Good employment conditions | Netherlands-Gelderland | 14 May 12 |
|---|
Insurance Manager at AkzoNobel
| Head of Product Control (Investment Bank) | Albert Cliff $ DOE + Bonus | Russia-Moscow | 21 May 12 |
|---|
Our client is hiring a Head of Product Control who will focus on the delivery of an improved IPV infrastructur...
| Head of Market Risk Control | Investment Bank (Tier 1) | Albert Cliff Competitive Base + Bonus | Russia-Moscow | 21 May 12 |
|---|
A leading Investment Bank in Moscow is looking for Head of Market Risk Control.
| Chief Risk Officer | Alec, Allan & Associés SA Competitif | Switzerland-Romandy - Geneva | 09 May 12 |
|---|
Nous recherchons pour une Banque de la place, leur Chief Risk Officer. Cette responsabilité englobe les fon...
| Director, Programme / Project Manager Change, Risk Clearing Investment Bank London | Alexander Ash Consulting £125000 to £175000 plus bonus and packag... | UK-London | 15 May 12 |
|---|
Director, Programme / Project Manager Change, Risk Clearing Investment Bank London
| Management Consulting - Associate to Senior Manager - 'Big Four' Consultancy | Alexander Ash Consulting £43,000 - £120,000 | UK-London | 09 May 12 |
|---|
Management Consultants - Associate up to Senior Manager Level - 'Big Four' Consultancy
| Consultant Risk Controller | Algofi à négocier | France-Paris | 11 May 12 |
|---|
Algofi est une société de conseils spécialisée en Ingénierie financière. Nous recherchons des consultants Risk...
| Support Analyst - Unix, C++ Perl | Algorithmics Market Rate | UK-London | 01 May 12 |
|---|
Integration Engineer with hands-on experience of Unix (preferably Solaris or AIX) including Shell Scripting, V...
| Actuarial Modelling Consultant | Algorithmics Competitive | Singapore | 01 May 12 |
|---|
Actuarial Modelling consultant will provide actuarial modelling support to the Training, Support, Business Dev...
| Business Analyst | Algorithmics Competitive | Germany-Hessen | 01 May 12 |
|---|
The Business Analyst will support the Algo Collateral product, providing post- go live support which will requ...
| Support Analyst - C#, VB.Net, SQL | Algorithmics Competitive | Germany-Hessen | 01 May 12 |
|---|
This role will support the Algo Collateral product, providing post- go live support requiring both strong bu...
| Senior Technical Consultant - Buy Side | Algorithmics Competitive | UK-London | 01 May 12 |
|---|
Working for Algorithmics, an IBM Company you will be supporting the Pre-Sales team with presenting the technic...
| Project Manager | Algorithmics Competitive | Hong Kong SAR | 01 May 12 |
|---|
The Project Manager will be responsible for managing implementation and integration of client solutions, based...
| Internal Auditor (m/f) in Group Investment Audit | Allianz Alternative Assets Holding GmbH n.a. | Germany-Bavaria | 10 May 12 |
|---|
Allianz Group is one of the largest and most renowned financial services providers in the world representing a...
| Senior Financial Analyst (m/f) in Group Risk | Allianz SE n.a. | Germany-Bavaria | 16 May 12 |
|---|
Within Allianz SE, Group Risk (GR) is charged with the task of managing risk to bolster Allianz's financial st...
| Country Head of Risk Management – Life Insurance | ALS International Competitive | Hong Kong SAR | 21 May 12 |
|---|
Our client is a global insurance company with a strong footprint across Asia. With Hong Kong being one of the...