Risk Management Officer

Full Time

JOB ROLE

Risk managers may be generalists who cover several different areas, or they may be specialists who concentrate on a single area. In either case, many of their duties and responsibilities are the same.

Develop, implement, and enforce rules and procedures designed to mitigate risks.
Set policies regarding data security in close partnership with their respective firms’ information technology groups.
Employ various financial instruments and contracts to control risks, such as insurance, swaps, derivatives, futures contracts, and options contracts.
Address default on loans extended by the firm.
Monitor securities inventories held by traders.
Monitor losses on investment securities held for the firm’s own account
Assess counter-party risk when another financial firm fails in its obligations to the firm.

JOB REQUIREMENTS

A background in management science and in the development or use of predictive models is helpful.
A primary concern for risk managers in securities firms is the potential mark to market losses on inventories of securities held by trading desks.
Prior experience as a trader or as a trading desk assistant can be invaluable for a risk manager
Experience in law, accounting, compliance, insurance, or operational areas of the financial services industry are important credentials.

Certification: Several formal risk management certifications are available and are required by a growing number of employers. Certifications can help start or advance a career in the field.

APPLICATION

If you wish to apply for this job position, please fill your details in the Contact Form and mail to jobs@localhost

Please mention the following in the subject line as ‘”Position Name” –“Your Name” – “Your Current Business group”