Key Responsibilities:

• Risk Management Framework: Strengthen the risk management framework by developing, maintaining, and enhancing control processes within the Front Office Capital Markets business.
• Control Testing & Monitoring: Perform regular and thorough controls testing, validation, and ongoing monitoring to ensure that all risk and control measures are effectively implemented and adhered to.
• Implementation of Controls: Lead the implementation of new risk controls and ensure proper embedding of control frameworks across various business lines within the Capital Markets division.
• Stakeholder Collaboration: Work closely with Front Office traders, compliance, operations, and other risk teams to understand business processes and ensure risk controls are in place.
• Risk Identification & Mitigation: Identify emerging risks and control gaps within the Front Office Capital Markets. Provide recommendations for control enhancements to mitigate those risks effectively.
• Regulatory Adherence: Ensure that all risk and control frameworks align with internal policies and meet the necessary regulatory requirements.
• Reporting & Escalation: Prepare comprehensive risk and control reports for senior management, highlighting control deficiencies, key risks, and recommending corrective actions.
• Process Improvement: Drive continuous improvement in risk and control processes by proactively identifying opportunities for efficiency and effectiveness.

Essential Skills & Experience:

• Front Office Capital Markets Experience: Proven experience in working directly within or alongside Front Office Capital Markets teams, with a deep understanding of the products, processes, and associated risks.
• Controls Testing & Implementation: Strong track record of controls testing, implementation, and validation within a financial institution.
• Risk Management Expertise: In-depth knowledge of risk management principles, control frameworks, and regulatory requirements within the financial services industry.
• Analytical Skills: Ability to analyze complex processes and identify potential risks and control weaknesses.
• Communication & Stakeholder Management: Strong interpersonal and communication skills, with the ability to effectively liaise with senior stakeholders, traders, and other business areas.
• Regulatory Knowledge: Familiarity with regulatory requirements (e.g., Basel III, MiFID II) and how they impact Front Office operations in Capital Markets.
• Problem Solving & Attention to Detail: Strong problem-solving skills with a high level of attention to detail, ensuring thoroughness in risk analysis and control processes.