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Risk Manager 12 month Fixed Term Contract

IMC Financial Markets is a proprietary trading firm and market maker for various financial instruments listed on exchanges throughout the world.

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Risk Manager 12 month Fixed Term Contract

LIFE AT IMC AS A RISK MANAGER 12 MONTH FIXED TERM CONTRACT

WHO WE ARE AND WHAT WE DO

IMC is a leading global market maker, using algorithmic trading and advanced technology to buy and sell securities on multiple trading venues worldwide. We provide liquidity to the financial markets, driving efficiencies for buyers and sellers.

Founded in 1989, we are an ambitious, innovative company and identified early on the importance technology would play in the fast-paced evolution of trading. This entrepreneurial spirit still drives us today and can be found in all of our offices around the world.

OUR TEAM

We now operate globally from offices in Europe, the US and Asia Pacific. Our employees work closely together in multidisciplinary teams, making our success possible.

Technology - At IMC, technology is not a department, it is at the heart of everything we do. Our technologists push the limits of possibility, and then look beyond. In our fast-paced environment, short feedback loops mean projects worked on in the morning can enter production the next day.

Trading – Although our traders come from many backgrounds they all have one thing in common: they are at their best solving complex problems. Their insight into global events, market shifts and pricing ensure we are trading in the right place, at the right time.

Business Support - Around the world, IMC’s business support teams are essential for sustaining our success. In our dynamic environment, we have many exciting challenges and multidisciplinary opportunities to shape our operations and make a real impact.

OUR CULTURE

Our employees are our greatest asset so we give them lots of responsibility and the support they need to make a difference. Our flat structure fosters a culture of openness and collaboration, encouraging the sharing of ideas and knowledge. It makes no difference if you have been with us for three days or three years, the best idea wins.

While we work hard, we also have a lot of fun; whether solving complex challenges or in team building, leisure and sporting activities. IMC also enables its employees to contribute towards a better society through our foundation.

Risk Manager 12 month FTC

Working closely with traders, this role is responsible for the risk control and risk management of trading positions for IMC Korea.  The key focus is on:

  • market risk
  • credit risk
  • operational risk
  • liquidity risk

Critical to the success of this role is a proactive, hands-on, pragmatic approach and a desire to build a leading-edge risk function.  Also, key is leveraging specific risk management expertise and quantitative analysis skills to add value, not bureaucracy to the business. The role will work very closely with trading and IT.

Job responsibilities include but not limited to:

Administration/Operations

  • Ensuring risk limits are set on all trading activities.
  • Monitoring risks vs limits as set by risk management including discussion/follow-up with traders.
  • Ensuring that the company maintains a liquid trading book and reports all illiquid positions to management.
  • Managing capital and ensuring that the firm is consistently within all capital requirements.
  • Liaising with trading desks on trades, positions, market conditions, (new) products and strategies.
  • Checking and validating mark to market valuations.
  • Calculation of P&L and Capital Usage statistics across different strategies.
  • Advising/managing/ensuring that trading risk systems include risk management requirements.
  • Understanding and following up on all operational incidents in the region and advising on ways to prevent / improve response to them in the future.

Business Alignment

Have regular communications with Global and Regional Risk team members to understand the regional and global objectives. Develop relevant short term and longer-term business plans/projects, share regulatory knowledge of corresponding jurisdiction and represent the local interests/concerns in global/regional projects.

Continuous improvement

  • Keep abreast of the latest regulatory updates on different markets to ensure the company's full compliance with them  
  • Evaluate the effectiveness of risk control and implement changes to achieve improved effectiveness
  • Work closely with Global internal and external audit in order to drive best practice

Qualifications and Education Requirements

  • Meeting one of the following criteria:
    • A minimum of 5 years' experience within a risk management field preferably in an Equities and/or Derivatives trading environment
    • Having a Master’s degree or higher education in Banking, Finance and/or Securities field with his/her working experience in the risk management field for a minimum of 3 years
    • Certified Public Accountant license and/or or obtained the financial risk manager license as issued by the KOFIA (including any corresponding international license) with his/her working experience in the risk management field for a minimum of 3 years
  • Qualifications like CA / CPA, CAIA, CFA, FRM, ERP or similar qualifications are a plus
  • Fluent in English (verbal and written) is a must and Korean (verbal and written) is a strong advantage
  • Experience with programming in Python and SQL / Hadoop is plus
  • Demonstrated interest in process design and automation
  • Superb analytical and mathematical skills and eye for detail
  • Excellent trouble-shooting and diagnostic skills and the ability to solve problems creatively and proactively
  • The ability to prioritize, act, and perform successfully in a fast-moving and high-pressured environment
  • Great people skills and ability to communicate and cooperate up, down, and across the organization
  • Knowledge of financial instruments and pricing concepts.

■ Remarks

In accordance with the Personal Information Protection Act, when applying for a job, applicants are deemed to have consented to the collection, use and storage of personal information as follows in relation to the recruitment process.

Please note that if consent is refused, the recruitment process may not proceed.

Purpose of collection, use and storage: recruitment

What to collect, use and store

- Personal identifiable information: name, phone number, occupation, address, contact information, date of birth, e-mail, etc.

- Unique identification information: resident registration number, etc.

- Recruitment and sensitive information: academic background, career, qualifications, military service, academic performance, awards, national veterans award, etc.

Retention period

- Until the purpose of provision is achieved

Personal information screening

- Screening on the facts of financial-related qualifications through the Financial Investment Association, etc.

For more information please refer to this link

https://careers.imc.com/ap/en/privacy-policy-imc-korea

OUR HIRING PROCESS

To set you up for success, you can find our hiring process including tips on applying and interviewing with us on our website. Now it’s up to you! Apply today to start an amazing journey with IMC.