Derivatives Risk Oversight Lead
Core
Lead oversight and continuous enhancement of risk management frameworks for derivatives trading, serving as a key representative of the Second Line of Defense.
Role type
Senior IC derivatives risk oversight lead (Second Line of Defense)
Builds
Risk management programs, margin models, stress testing scenarios, and regulatory reporting for derivatives trading operations.
Domain
Financial services / Derivatives trading / Regulatory compliance (MiFID)
Deliverable
production ML models | dashboards & analysis | client delivery
Required skills
Derivatives trading risk management, Second Line of Defense oversight, Margin and collateral methodology, Counterparty risk framework, Stress testing and scenario analysis, Regulatory reporting (MiFID, ICAAP), Capital and liquidity modeling, Risk appetite definition, Model validation and challenge
Preferred skills
Derivatives trading firm experience, Blockchain and virtual currency environment knowledge, Crypto market structure and perpetual swaps expertise
Technologies
None explicitly stated
Responsibilities
Implement and manage financial risk management programs for the BFS Entity; Provide independent monitoring of risk exposures and escalate breaches; Review and validate risk models and exposure metrics; Define and review margin methodologies and collateral practices; Define counterparty risk framework and limits; Conduct stress testing and scenario analysis; Complete quarterly regulatory submissions; Build or enhance internal capital and liquidity models; Participate in development of key risk indicators; Establish regular risk assessment processes; Collaborate with cross-functional teams to integrate risk considerations; Report findings to management and regulatory authorities.
Seniority
Senior, hands-on IC