Risk Management

Risk Management

Following the global financial crisis, risk management has become increasingly important over the last decade to help protect financial markets and prevent firms experiencing further fines and sanctions. Throughout the global financial crisis, most banks around the world had to be bailed out by their governments. To reduce the risk of experiencing another crisis on such a large scale again and following instructions tasked to the Financial Stability Board by G20 in 2009, the Swiss Financial Market Supervisory Authority (FINMA), the regulatory body in Switzerland, placed provisions on ‘too big to fail’ (TBTF) organisations within the financial sector. The increase in regulations and provisions put in place by national and international authorities is good news for risk professionals in Switzerland as the introduction of these have resulted in increased demand for talent.

“An ounce of prevention is worth a pound of cure.” This sentiment is the reason that risk management exists. In global markets that are increasingly marked by volatility and subject to complex social, political and economic change, risk management is more crucial than ever to keep companies out of the red and in the black. Risk management teams identify, evaluate and prioritise risks and act to minimise and control adverse events or maximise opportunities that come with disruption.

LIBOR (London Inter-Bank Offered Rate), one of the main interest rate benchmarks used in global financial markets, is ending and Switzerland are set to replace it with SARON (Swiss Average Rate Overnight). Encompassing the entire market, the transition from IBOR to SARON will be time-consuming, wide-ranging and significant for all kinds of financial activity, with large implications expected surrounding risk management and compliance. A report by Deloitte on the move states: “The transition to alternative reference rates globally seems fraught with risk and uncertainty. Financial institutions will need to contend with many operational, accounting, technical, governance, and other issues.”

Our consultants are specialists in their markets, recruiting top talent for organisations across the risk jobs market throughout Switzerland and Europe.

Risk Management Jobs

Risk Manager
Negotiable, New York

An industry leading proprietary trading firm is looking to hire a risk manager to be based in the...

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VP - Model risk (Credit Cards)
US$180000 - US$190001 per year, New York

One of the industry's leading global investment banks is looking to build out their risk analytic...

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Machine Learning Model Validation
US$115000 - US$125000 per year, Tampa

A top 5 bank is looking to add to their model validation team with a focus on machine learning mo...

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Market Risk, Senior Manager/ Associate Director
Negotiable, Hong Kong

Responsibilities: Perform day-to-day risk assessment of equity trading positions, analyse P/L eve...

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Analyst - Risk and Investor Reporting Analytics
US$100000 - US$125000 per year, New York

An industry-leading, systematic Hedge Fund is looking to hire a junior candidate to their Risk, P...

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VP Market Risk Model Validation
Negotiable, New York

VP Market Risk Model Validation A leading international investment bank is looking for a strategi...

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Head of Market Risk & Valuation Risk Quants
Negotiable, City of Brussels

Description of the role As head of the team, you will: Manage a team of up to 8 people. You will ...

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Head of Risk - (Merchant Lending)
US$225000 - US$250001 per year, New York

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Market Risk Senior Associate/ AVP - Fund or Funds
Negotiable, Hong Kong

Responsibilities: Assist Chief Risk Officer with monitoring of portfolio Produce market risk repo...

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