Market Risk Manager

SCOR

  • Paris
  • CDI
  • Temps-plein
  • Il y a 1 mois
Job Category: Asset Owner OperationsJob Description:The Investment Risks and Controls team's mission is, for the Group and its entities and branches, to monitor market and credit risks (quantitative and qualitative) borne by SCOR's invested assets portfolios, as well as ensuring the compliance of the invested assets portfolios.SCOR's assets are invested in a broad range of asset classes and are split in different portfolios all around the world.Reporting directly to the Head of Investment Risks and Controls, the Market Risk Manager is responsible for all qualitative and quantitative risks measures and analyses related to SCOR's investment portfolios, on strategies and portfolios.You will help us to better manage the invested assets portfolios by monitoring the market risks as well as proposing actions to mitigate any risk that may arise.You will work closely with the other team members of the Group Investment Office and with various other stakeholders (asset managers, ALM, Finance teams, Group Risk management, IT…).Responsibilities:Key duties and responsibilitiesThe Market risk manager will:
  • Perform regular quantitative risk analysis on market risk model-based measures such as Value-at-Risk, using market solution tools and challenging internal tools results
  • Report regularly on metrics, their evolutions, provide rationale and ensure good understanding by stakeholders
  • Perform performance analyses by risk factors
  • Provide portfolio simulations, sensitivities and stress tests for portfolio monitoring, business or regulatory purposes
  • Ensure all asset classes are properly modelled in the systems, enhance the processes and modelling parameters.
  • Ensure market monitoring and provide relevant risk analyses depending on the context
  • Identify early quantitative signals of potential position deterioration
  • Establish, develop, automate and document processes, procedures and controls
  • Support ALM team for sensitivities of the invested assets portfolio, and Group Risk Management teams for specific or ad hoc analyses or requirements
  • Provide expertise on quantitative risk management tool (RiskMetrics by MSCI)
  • Provide expertise and knowledge, and support on a quarterly basis the production of IFRS 9 quantitative metrics
Qualifications:Key CharacteristicsExperience:
  • 5 to 10 years of successful experience in risk management in financial markets or equivalent.
  • Ability to understand and monitor market risks on various types of asset classes
  • Expertise in process design and control and strong ability to document processes
  • Ability to report clearly on complicated technical or business market risks to senior management.
Personal Competencies:
  • Strong analytical capabilities, rigor
  • Appetite in development and optimization of tools (Excel, Power BI, SQL…) and processes
  • Ability to build efficient relationships with stakeholders, with multicultural awareness and sensitivity
  • Strong technical writing skills and ability to articulate complex key concepts to non-risk-expert audiences.
  • Good understanding of financial instruments held by institutional international investors, valuation and risk.
Soft skills:
  • Open and critical mindset, curiosity, creativity, proactivity
  • Good team spirit, ability to work with different interlocutors with different skills
  • Good culture of transparency, experience and knowledge sharing
Digital Competencies:
  • MS office (VBA), SQL, Power Bi
  • Not necessary but a plus: Bloomberg, RiskMetrics, Moody's analytics Credit Edge, Impairment Calc-Studio
Required EducationEducated to masters degree level, bac +5 in economy, finance, actuarial or equivalentQuantitative Educational backgroundProfessional certification in Finance and/or Risk Management would be appreciatedAbout Us:As a leading global reinsurer, SCOR offers its clients a diversified and innovative range of reinsurance and insurance solutions and services to control and manage risk. Applying “The Art & Science of Risk,” SCOR uses its industry-recognized expertise and cutting-edge financial solutions to serve its clients and contribute to the welfare and resilience of society in around 160 countries worldwide.Working at SCOR means engaging with some of the best minds in the industry - actuaries, data scientists, underwriters, risk modelers, engineers, and many others - as we work together to find solutions to pressing challenges facing societies.As an international company, our common culture is defined by “The SCOR Way.” Serving both to build momentum that drives the Group forward and as a compass to guide our actions and choices, The SCOR Way is anchored by five core values, reflecting the input of employees at all levels of the Group. We care about clients, people, and societies. We perform with integrity. We act with courage. We encourage open minds. And we thrive through collaboration.SCOR supports inclusion and the diversity of talents, and all positions are open to people with disabilities.

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