At a Glance
- Tasks: Provide expert risk advice and lead policy frameworks in market risk.
- Company: Federal Government role focused on financial markets and risk management.
- Benefits: Gain valuable experience, work with experts, and contribute to impactful projects.
- Other info: Diverse workplace encouraging applications from all backgrounds.
- Why this job: Shape regulatory policies and make a difference in financial risk management.
- Qualifications: 8 years of experience in market risk and strong analytical skills.
The predicted salary is between 85500 - 104500 $ per year.
Six month, Federal Government Market Risk Specialist role to provide specialist risk and modeling advice across market risk, counterparty credit risk, and financial markets. You will play a pivotal role in identifying, monitoring, and mitigating both entity-level and industry-wide risks to inform risk-based supervisory judgments, strategic decisions, and regulatory policy development. A core focus of this role involves leading and contributing to policy frameworks, particularly driving the development and implementation of the Fundamental Review of the Trading Book (FRTB).
Key Responsibilities & Outcomes:
- Provide expert risk and quantitative modeling guidance across traded market risk, counterparty credit risk, and interest rate risk in the banking book (IRRBB).
- Lead and contribute to domestic and international policy initiatives, with a primary focus on shaping and delivering the Fundamental Review of the Trading Book (FRTB) framework.
- Assess and evaluate internal risk models used by regulated financial institutions to ensure technical accuracy, compliance, and robust risk management practices.
- Oversee data analytics, horizontal benchmarking, and industry-wide risk analysis to identify emerging trends, vulnerabilities, and market shifts.
- Actively engage with senior internal stakeholders, executives within regulated institutions, and peer regulatory bodies on complex, technical risk issues.
- Collaborate across multi-disciplinary teams and broader industry networks to achieve key regulatory and risk management outcomes.
Key Requirements:
- You are an established subject-matter expert in traded market risk, counterparty credit risk, or IRRBB, bringing a strong blend of technical modeling proficiency and practical risk management experience.
- Advanced expertise across technical modeling and risk management disciplines (e.g., VaR, Stressed VaR, IMM, CVA, or IRRBB frameworks).
- Analytical & Problem-Solving Capability: A proven track record of solving complex analytical problems and translating technical quantitative data into strategic recommendations.
- Up-to-date knowledge of theoretical and practical developments in financial markets and international supervisory standards, particularly the Basel policy framework.
- Superior written and verbal communication skills, with a proven ability to engage, challenge, and influence senior leaders within financial institutions.
- Demonstrated ability to collaborate cross-functionally to achieve broader industry and organisational goals.
Experience: 8 years
At Randstad, we are passionate about providing equal employment opportunities and embracing diversity to the benefit of all. We actively encourage applications from any background.
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