Market Risk Manager- Rates in London - Robert Walters

An international investment bank is looking for a Market Risk Manager to join its EMEA Risk Management team in London, with primary coverage of the bank's Structured Rates trading activities.

Market Risk Manager - Structured Rates
Location: London

An international investment bank is looking for a Market Risk Manager to join its EMEA Risk Management team in London, with primary coverage of the bank's Structured Rates trading activities.

As Market Risk Manager, you will sit in the second line of defence but work very closely with front office, finance and senior risk stakeholders. You will be responsible for the independent oversight of complex rates trading positions, ensuring that risk is properly measured, monitored and communicated.

• Produce, aggregate and validate daily market risk for the Structured Rates books, ensuring the accuracy and completeness of risk sensitivities and positions.

• Monitor risk exposures and limit utilisation, identify breaches and concentrations, and prepare regular risk and stress testing reports for management.

• Analyse changes in the risk profile, including moves in VaR and stress results, and clearly explain the key drivers to senior stakeholders.

• Work with front office to understand new trades and strategies, review new transaction requests, and assess their market risk and capital impact.

• Strong experience in market risk or a closely related control function within a financial institution, ideally with exposure to rates products.

• Good understanding of interest rate derivatives and structured/optional products, and familiarity with key risk concepts such as VaR, stress testing and Greeks.

• Solid quantitative background (for example in mathematics, finance or a related discipline) and comfortable working with data and analytics tools, including Excel.

If you have a background in rates/derivatives market risk and are interested in a role with close desk exposure and strong visibility across the organisation, please apply or send a copy of your updated CV to

Robert Walters Operations Limited is an employment business and employment agency and welcomes applications from all candidates