Market Risk Manager Cover Letter

I would like to submit my application for the market risk manager opening. Please accept this letter and the attached resume.

In my previous role, I was responsible for expert advice and risk analysis for capital reporting to broader Credit Risk groups and business partners within TDBFG.

Please consider my experience and qualifications for this position:

• Significant experience in either a technology or operations division of a financial services organisation
• Proven experience as a self-starter, having built/coordinated and owned the end to end delivery of small scale projects
• Experience with the Data Core system
• CFA or GARP an asset
• Robust knowledge of fixed income, derivatives and hedging concepts
• Familiarity with hedge accounting concepts
• Should be able to develop good business relationships and be able to work with minimal supervision in an unstructured and fast-paced environment
• Strong knowledge of Excel modeling experience with risk management tools (e.g., QRM)

I am excited to be applying for the position of market risk manager. Please accept this letter and the attached resume as my interest in this position.

Previously, I was responsible for training to local resources on fundamentals of operational risk (capital, stress testing, scenario analysis).

Please consider my qualifications and experience:

• Extensive Risk Management or Compliance experience
• Strong knowledge of Australian and International Financial Markets including knowledge of equities, listed and OTC derivatives, fixed income and foreign exchange products
• High attention to detail and an analytical mindset
• Experience within wealth management, financial planning or banking highly desirable
• Relevant experience working in a Market Risk department at a large financial institution
• Analyse risk on specific desks and put it into context of what’s going on in the market
• Analyse and recommend approval/rejections for new trades, trade types and risks
• Drive infrastructure upgrades/development – ensuring we improve infrastructure and have an understanding of the changes and are able to explain these

I submit this application to express my sincere interest in the market risk manager position.

In the previous role, I was responsible for ad-hoc analysis on Market Risk model based Capital Measures like regulatory VaR, Stressed VaR, IRC and internal measures like ERC and Risk Management VaR.

My experience is an excellent fit for the list of requirements in this job:

• In particular, to ensure that MLRM have a comprehensive and holistic view of market risk across both the private and investment banking arms, by identifying and remediating missing or broken risk feeds into Market Risk's key risk monitoring tools
• Knowledge of key risk measures
• Senior experience in driving qualified business control matters
• Senior experience as Risk manager or similar function in a large corporation
• Good analytical and communication skills, integrity, creative personality and comfort in independency
• Strong in communication and networking
• Excellent written (spelling, grammar, use of language) communication skills and advanced knowledge of Microsoft PowerPoint are vital for preparing and reviewing material for Senior Management
• Adapt at working in a fast-paced, high energy level environment

I submit this application to express my sincere interest in the market risk manager position.

In my previous role, I was responsible for signoff for monthly scenario analysis signoff and liaise with Risk, Treasury, IT and our vendor to oversee asset shock scenario processes such as Economic Capital, Stress testing and parallel/combination shocks.

Please consider my qualifications and experience:

• Experience in finance/banking industry is beneficial
• Utilising both excellent interpersonal skills with a thorough technical understanding to facilitate workshops with clients
• Strong team player with good organisational, planning and leadership skills
• An understanding of industry-standard pricing techniques for linear and non-linear products and the mechanics of different types of market risk models
• Knowledge and experience of market risk management in the non-trading book
• Track record in management of multi-disciplinary teams of people
• Strong academic credentials and publications
• An understanding of risk and control disciplines

I am excited to be applying for the position of market risk manager. Please accept this letter and the attached resume as my interest in this position.

Previously, I was responsible for analytic support to risk identification and evaluation, the risk appetite framework, stress testing, financial performance, capital planning and adequacy and balance sheet and capital efficiency efforts.

My experience is an excellent fit for the list of requirements in this job:

• Understand the VaR, stress testing, and RNiVs assuring it’s appropriate, accurate, timely reported, and further developed in line with new regulations and internal guidelines
• At minimum a BSc in a mathematical discipline
• Appreciation and understanding of financial markets, structured products, and models used for pricing/risking
• Equity Risk Management experience
• Use of Excel macros to building ad-hoc reporting and analysis tools
• Set the Risk business growth & retention priorities based on detailed analysis of business performance, product rationalisation, market sizing and opportunity prioritisation
• Identify new business opportunities to grow the Risk business in specific market segments based on detailed sizing
• Provide expert knowledge based input for internal learning programs New Starter Induction or on-going learning programs