Mayor International Investment banking group are looking to hire an experienced risk manager to their treasury function based at their head offices in the City

Role Purpose:-

• Support the Senior Manager to ensure that the Interest Rate & Foreign Exchange Risks arising in the commercial units of the Group are properly identified, measured, managed, hedged and reported in line with Group Policy.
• Effectively and efficiently risk manage the central balance sheet of the Group.
• Effectively and efficiently manage the operation of IAS 39 compliant accounting hedging processes of the Group.

Support the businesses in developing value-adding products and appropriate hedging strategies

Deliverables:-

• Efficient and timely management of risk in the central balance sheet of the Group within delegated authorities
• Agreement of identified positions
• Netting of Group risk flows
• Development and execution of creative hedging strategies
• Business ownership of Centre Books budgeting and re-forecasting process
• Establish and maintain effective cash flow and fair value accounting hedges for the Group linking external and internal derivatives to the range of underlying balance sheet positions using specialist knowledge and systems
• Ensuring consistent application of common policies and practices across the Group through business relationship management, Asset Liability Committee attendance and audit of businesses
• Liaise with business customers to ensure a thorough understanding of risk areas in the business, creatively supporting product development and hedging improvements
• Provide a treasury consultancy service for businesses with larger transactions that require individual funding and hedging. This will include evaluating, and suggesting ways of managing, risks inherent in new business, disposals and early terminations
• Ad hoc interest rate risk management activities supporting the wider team Key

Experience:-

• Experience of banking / treasury and balance sheet risk in specialist function, corporate treasury or financial management .
• Interaction with and servicing needs of business units .
• Book risk management experience .
• Knowledge of the Group level and / or other large organisational structures .
• Broad based experience of numerical analysis including scenario analysis

This role will also have an element of supporting a recent major acquisition from a treasury / hedging perspective.

Please call Patrick Morgan on 0207 321 5000 ext 324 for an informal discussion