Manager, Risk Middle Office - Sydney, Australia - Commonwealth Bank

Commonwealth Bank

Verified Company

Sydney, Australia

3 weeks ago

Posted by:

Olivia Brown

beBee Recruiter

Description

**Do Work That Matters
**You will join CommBank's Risk Middle-office focussed on delivering actionable market insights & data through a process of collection, validation and publication across a range of Fixed Income, Commodities, FX, Equities and other financial market products. This function is responsible for Market Data and Trade Data management on behalf of the Group to enhance decision making which will positively affect our customers.

**In this Role
**You will collaborate with Traders, Market /Credit Risk Oversight, Treasury and Front-Office IB&M colleagues and provide support which is designed to help provide the market data and trade sets for market and credit risk across a broad suite of Fixed Income, FX, Commodities and Equity products.

This is an exciting role required to both process and use technical methods to evaluate market prices, shocks and trade set reconciliations as well as prepare new products setup, and where necessary, troubleshoot or escalate issues.

This team delivers data to support market trading while also managing quality controls over various products used for financial risk reporting.

In any given week you will;

Redesigns processes to better manage, measure, and monitor market and liquidity risks
Communicates results and analysis of market risks to management and key internal stakeholders and actions those with the business unit
Develops market risk analysis; designs derivatives risk metrics and tools to help manage, measure, and monitor market and liquidity risks
Continuously assess impacts to market, credit, risk profiles for market data and trades sets used impacting limits and risk appetite
Applies advanced understanding of financial products, market risk matters, systems, practices & controls
Collect, validate and review exceptions on market data sets from different End of Days across many financial products.
Collaborate in FRTB, Basel 3 Project work and help prepare documentation for APRA and Audits as well as new regulatory changes
Manage change on various platforms as well as regression testing through the endtoend product workflow
Provide high quality data and adjustments when required to ensure complete and accurate calculation of Market and Credit Risk (limits and capital)
Maintain portfolio static data across Trading systems

We're interested in hearing from people who have;

Demonstrated experience in financial markets with relevant experience in traded/non traded market risk (either Line 1 or 2)
Working knowledge of Financial Market products such as FX, Interest Rates, Equities, Commodities, and ideally some use of Bloomberg, Reuters or Exchange platforms such as LME, CME, ICAP, ICE, MarkIT
Familiarity with VaR, Stress Testing, Risk reporting, Regulatory reporting
Exposure to APS 116/11
Strong attention to detail
Demonstrate capability to make risk decisions independently with full consideration of commercial, regulatory and risk impacts
Well developed stakeholder and customer management skills and be able to communicate your thoughts and ideas clearly using written and verbal techniques with a wide variety of stakeholders from technical to trading side

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Advertising End Date: 14/07/2023