Senior Manager, Risk

Job DescriptionJob PurposeICE Clear Europe’s Clearing Risk Department (“CRD”) is looking for a front office risk manager. 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.ResponsibilitiesIdentify areas where the risk models, risk management processes, or infrastructure can be improvedAssist with designing and implementing improvement and enhancements to models, risk infrastructure, and processes. Act as the project lead in seeing it through completionFrequent communication with representatives from clearing members, risk committees and senior management of Intercontinental Exchange (ICE)Strike the right balance between complying with global regulatory standards and achieving commercial business requirementsEnsure the risk management framework and risk policies are being adhered to and are consistent with regulatory and industry standardsMonitor model performance tests and assess the appropriateness of models in order to demonstrate policy adherenceConduct mathematical/statistical analysis to calibrate and enhance risk modelsCollaborate with colleagues on key policy and methodology developmentDocumentation of risk polices and models to clearing members, regulators, risk committees and other governance bodiesConduct project work and run thematic or ad-hoc market research on relevant risk topicsSet examples to a team of risk analysts to foster a strong risk cultureKnowledge and ExperienceMaster’s Degree in Mathematical Finance or equivalent degreeAttention to detail and strong problem solving skills with the ability to balance trade-offsMust have demonstratable 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 houseStrong 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 modelsAbility to be a team player and to help with creating a strong risk cultureProven ability to conduct research, analyze problems, formulate and implement solutions in an efficient, effective and independent mannerExcellent written and verbal communication skills, and comfortable in communicating risk issues to senior management for decision-making purposesExperience with SQL and Python preferred