Market Risk Manager

Were recruiting for a Market Risk Manager to join our Group Risk team.

This role involves providing oversight of Market Asset and Liability Management (ALM) and Liquidity Risks including interest rate inflation and liquidity management for the Group and Divisional business units. You will play a crucial role in advising reviewing and optimising key risk metrics related to ALM and Liquidity which impact both the Group and Divisional strategies of L&G.

This a hybrid working opportunity which means that you split your time by working flexibly between our London Offices and your home to find a worklife balance that works for you.

What youll be doing:

• Providing analysis of risk impacts on the Group balance sheet and divisional investment portfolios
• Supporting management of derivative liquidity risk including developing liquidity management strategy risk frameworks MI and reporting
• Providing market risk analysis to support risk opinions on new asset classes including structured investments and reinsurance transactions
• Advising and analysing risk assessment of new Pension Risk Transfer (PRT) transactions
• Validating relevant components of the Solvency II Internal Model including testing assumptions parameters and calibration
• Providing second line oversight of investment propositions including risk rebalancing ALM and sovereign trades
• Supporting local risk functions in international businesses by providing market risk oversight
• Ensuring principles of Conduct Risk are embedded in daytoday operations to deliver good customer outcomes

Qualifications :

Who were looking for:

• Degree (or extensive experience) in a financerelated or other numerate subject is essential with other financial qualifications (e.g. CFA Actuary Accountant) being advantageous
• Experience and understanding of a range of fixed income asset types across cash and derivative markets
• Experience of financial market analytics including macro trend analysis timeseries analysis and asset modelling
• Experience in oversight and management of interest rate inflation and FX risks particularly in relation to annuities and Pension Risk Transfer (PRT) business
• Experience of liquidity risk including collateral and liquidity management frameworks.
• Experience working in 1st or 2nd Line investment roles would be advantageous
• Sophisticated analytical and problemsolving skills with the ability and confidence to challenge stakeholders and ask difficult questions to get to the root of problems.
• Strong communication skills with the ability and confidence to challenge stakeholders positively and ask difficult questions to get to the root of problems

Whatever your role we reward performance and behaviour with a package that looks after all the things that are important to you. Here are some of the benefits we offer:

• The opportunity to participate in our annual performance related bonus plan and valuable share schemes
• Generous pension contribution
• Life assurance
• Healthcare Plan
• At least 25 days holiday plus public holidays 26 days after 2 years service. Theres also the option to buy and sell holiday
• Competitive family leave
• Participate in our electric car scheme which offers employees the option to hire a brandnew electric car through tax efficient salary sacrifice (permanent employees only)
• There are the many discounts we offer both for our own products and at a range of high street stores and online
• In 2023 some of our workspaces were redesigned. Our offices are great spaces to connect and collaborate and have your wellbeing at the heart

Additional Information :

At L&G we believe its possible to generate positive returns today while helping to build a better future for all. 

If you join us youll be part of a welcoming inclusive culture with opportunities to collaborate with people of diverse backgrounds views and experiences. Guided by leaders with integrity who care about your future and wellbeing. Empowered through initiatives which support people to develop their careers and excel.

We care passionately about outcomes rather than attendance and are therefore open to discussing all kinds of flexible working options including parttime termtime and job shares. Although some roles have limited flexibility due to customer demand we accommodate requests when we can. 

It doesnt matter if you dont meet every single criterion in this advert. Instead think about what you excel at and what else you can bring in terms of strengths potential and connection to our purpose. 

Remote Work :

No

Employment Type :

Fulltime