Risk Director
Intercontinental Exchange
Job Description Job Purpose ICE Clear Europe’s Clearing Risk Department (“CRD”) is looking for a front office risk director. The successful candidate will work closely with the senior management in overseeing and shaping the risk management practice at one of the largest futures and options clearing houses in the world. You will be joining a very dynamic team, be exposed to a wide range of asset classes and be challenged with complex risk problems. You will be responsible for managing all aspects of the day-to-day risk management and drive improvement and enhancements, including identifying, developing and overseeing the implementation of new risk management tools and techniques to enhance the risk management process and risk controls. You will also contribute towards the design and implementation of new risk initiatives and products that benefit the business. Responsibilities Identify areas where the risk models, risk management processes, or infrastructure can be improved Assist with designing and implementing improvement and enhancements to models, risk infrastructure, and processes. Act as the project lead in seeing it through completion Frequent communication with representatives from clearing members, risk committees and senior management of ICE Strike the right balance between complying with global regulatory standards and achieving commercial business requirements Ensure the risk management framework and risk policies are being adhered to and are consistent with regulatory and industry standards Monitor model performance tests and assess the appropriateness of models in order to demonstrate policy adherence Conduct mathematical/statistical analysis to calibrate and enhance risk models Collaborate with colleagues on key policy and methodology development Documentation of risk polices and models to clearing members, regulators, risk committees and other governance bodies Conduct project work and run thematic or ad-hoc market research on relevant risk topics Lead a team of risk analysts and managers to foster a strong risk culture Knowledge and Experience Master’s Degree in Mathematical Finance or equivalent degree Attention to detail and strong problem solving skills with the ability to balance trade-offs Must have demonstrable experience in a role of the same or equivalent level and/or relevant professional experience in risk management and/or risk systems. At least some of this experience will have been gained in an investment bank, hedge fund or clearing house Strong knowledge in financial derivatives products in one or more asset classes (e.g. oil, power, gas, interest rates, equity, softs) Proven ability to apply risk management models and techniques such as Value at Risk models, Liquidity Risk models, backtesting and stress testing models Ability to be a team player as well as to lead a team, and to help with creating a strong risk culture CQF qualification is desirable Proven ability to conduct research, analyze problems, formulate and implement solutions in an efficient, effective and independent manner Excellent written and verbal communication skills, and comfortable in communicating risk issues to senior management for decision-making purposes Experience with SQL and Python preferred Schedule This role offers work from home flexibility of one day per week. #LI-NF
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