This is a fantastic opportunity with a Tier One global Investment Bank for an experienced Equity Market Risk Manager with strong equities and equity derivatives exposure, to support the Private Wealth advisory division. A strong background in equity market risk and compliance would be held in high regard. Ideally you will have a strong analytical profile, with a good understanding of wealth management equity market risk and equity markets compliance requirements – to provide internal stakeholders in the private wealth division guidance on equity risk & compliance matters.

Responsibilities:

• Provide solutions to elevated risk issues;
• Responsible for identifying and providing guidance to the relevant Manager and Head of Risk on risk matters;
• Responsible for providing guidance to advisers relating to their regulatory and risk obligations as well as proactively managing the firm’s advice/suitability framework to ensure compliance at all times
• Undertake detailed, documented account reviews including all discussions with the Financial Advisors and clients (the role will have direct client contact, both face to face and phone)
• Provide guidance and sign off for complex accounts across all product suites including, equities, wholesale, options, fee based, discretionary and international accounts;
• Work with the Legal & Compliance team in respect of complaint resolution;
• Work closely with central risk team to enhance the supervisory framework and contribute to projects as needed;
• Your strong understanding of Risk, the Corps Act and sense of initiative together with outstanding attention to detail will see you excel in this role.

A successful candidate will have:

• Detailed knowledge of Australian and International security regulations and compliance requirements, including ASX Market Rules, Securities Clearing House Business Rules, Australian Clearing House Rules, Corporations Act and ASIC Policies;
• Ability to identify risk and minimize potential liabilities to the business;
• Extensive knowledge of the financial market fundamentals and the ability to apply this knowledge to ensure technical or professional solutions are delivered;
• Ability to understand and where required create profit and loss reporting (financial position of account across asset classes)
• Leadership skills, with the ability to initiate, develop and lead relationships and business transactions

Educational requirements:

• Strong equity / equity derivative product focused market risk experience
• 4+ years experience in a market risk role for a firm that is a market participant with equity execution experience
• ASIC RG 146 compliant and ideally ADA 1 & 2;
• Tertiary qualifications or recognised industry qualifications essential;
• Experience in financial markets risk/supervision is essential, with a strong understanding of stockbroking trade flows and operations