Risk and Compliance Representative

Risk and Compliance Representative

Project Role : Risk and Compliance Representative
Project Role Description : Support service delivery through quality and risk management. Increase awareness of compliance policies and processes.
Must have skills : Risk Management
Good to have skills : NA
Minimum 5 year(s) of experience is required
Educational Qualification : 15 years full time education

Key Responsibilities

Lead the Markets risk workstream, acting as the primary risk domain consultant across business and IT stakeholders

Drive implementation and change initiatives related to market risk and regulatory requirements within the Markets platform landscape

Own and validate market risk requirements, ensuring correct interpretation and implementation across risk calculation, reporting, and downstream consumers

Provide hands-on functional leadership across key market risk processes, including VaR and stress-related use cases

Work closely with business users, project managers, architects, and engineering teams to ensure risk solutions meet business and regulatory expectations

Support all phases of the delivery lifecycle, including design, build, testing (unit, UAT, regression), and deployment

Proactively identify, analyse, and resolve risk-related issues by working across multiple teams to determine root causes and define solutions

Build strong working relationships with stakeholders, manage expectations, and provide clear communication on risk-related topics



Core Skills

Strong hands-on experience in market risk, with in-depth understanding of Value at Risk (VaR) and related concepts

Good understanding of key market risk measures, including expected shortfall, stressed VaR, stress testing, and scenario analysis

Solid functional knowledge of financial products and valuation methodologies across different asset classes (e.g. interest rates, FX, cross-currency products)

Strong understanding of market risk regulatory frameworks and standards (e.g. Basel II, Basel II.5, FRTB)

Proven experience leading or contributing to market risk system implementations within large financial institutions

Strong communication and stakeholder management skills, with the ability to explain complex risk concepts to non-technical audiences

Strong analytical and problem-solving skills, with the ability to investigate issues independently and work through ambiguity



Domain Experience

Extensive experience in Markets risk within banking or financial services environments

Exposure to enterprise Markets platforms, with experience in Murex-based risk implementations considered a strong advantage

Experience working in multi-team, multi-vendor environments involving front-to-risk and risk-to-downstream integrations

Prior involvement in regulatory or risk transformation programmes is strongly preferred