Vice President, Market Risk – Derivatives

About the role

Lead market risk oversight across a global derivatives portfolio, partnering with trading teams to manage complex exposures in international markets.

Key responsibilities

• Monitor market risk across a global portfolio of derivative and structured hedging positions.
• Review new transactions and client relationships at inception, assessing financials, structures and potential exposures.
• Analyse portfolio exposures using VaR, Greeks, sensitivities, stress testing and scenario analysis.
• Collaborate with trading and commercial teams to challenge exposures, identify emerging risks and support mitigation decisions.
• Investigate risk events, limit breaches and adverse market developments, providing timely analysis and recommendations to senior stakeholders.

Required profile

• Minimum 10 years of experience in market risk, traded risk, derivatives risk, trading or a related financial markets function.
• Strong understanding of derivative products such as options, swaps, forwards and other structured instruments.
• Working knowledge of core market risk concepts and measures (VaR, Greeks, sensitivities, stress testing, scenario analysis).
• Experience in one or more asset classes – commodities, foreign exchange or interest rates – with solid grasp of counter‑party and credit risk.
• Strong analytical and commercial judgement, able to work closely with traders, commercial teams and senior stakeholders in a fast‑moving global environment.

Required skills

• VaR
• Greeks
• Sensitivities
• Stress testing
• Scenario analysis
• Options
• Swaps
• Forwards
• Structured financial instruments

What we offer

• Senior risk role within a sophisticated global trading platform.
• Exposure to complex derivative products and international markets.
• Broad interaction with trading and commercial teams and influence over risk decisions across the full lifecycle of client and trading exposures.