192 Head Of Market Risk jobs in the United Kingdom

The Role

Senior Market Risk Manager/ Head of Market Risk - Boutique “Global Macro” Hedge Fund (10-years + Hedge Fund, or Asset Management experience)

Martis Search are representing a boutique Mayfair based Hedge Fund to hire a permanent “Senior Market Risk Manager”, or “Head of Risk Management.”

This is an amazing opportunity to be part of a very exciting Hedge Fund.

The Hedge Fund will be growing a lot in the next few years. This is a senior Hedge Fund Front Office Market Risk role. Our client is open to anyone who is currently either employed as a “Senior Market Risk Manager”, or “Head of Risk Management” who either in the future wants to become their “Head of Risk Management”, or “Chief Risk Officer.”

Our client needs someone with a minimum of x 10-years + “Global Macro” (Equity, Fixed Income and FX) Market Risk, or multi-asset class (i.e. Equity Long/ Short with a mix of other asset-classes/ strategies – they open-minded) experience gained from preferably a Hedge Fund, but they are willing look at someone from a reputable Asset Management.

It is a senior Hedge Fund Market Risk Manager role, but without managing any staff. You will work closely with the Investment team and the CIO. The chosen incumbent will be the sole person and most senior Market Risk Manager in the business (both hands-on and strategic role).

Our client is looking for a solid Market Risk professional with an exemplary education in a numerate type degree and extensive “Financial Modelling” skills. Any coding skills such as Python, SQL, C +, R, VBA etc (for a variety of tasks such as building Risk models such as VaR, Stress Testing, Factor Exposures, Risk Reporting, Data Analysis, Data Visualisation etc).

Key Responsibilities

• Ongoing market risk management of Equity, Fixed Income and Foreign Exchange Global Macro strategies.
• Play a critical role in portfolio construction and strategy development, working closely with both the CIO and with business development to continually refine strategies for institutional portfolios.
• Conduct deep-dive risk analysis on individual trades as well as broader portfolio exposures.
• Develop and refine stress scenarios, VaR models, and other risk metrics to evaluate potential market shocks.
• Clearly communicate risk findings and recommendations to senior stakeholders.
• Monitor real-time market developments and assess their impact on portfolio risk.
• Investigate P&L drivers and provide detailed breakdowns of performance.
• Contribute to research initiatives aimed at enhancing risk frameworks and tools.
• Enhance risk measurement, portfolio analytics, controls and both internal and external risk reporting.

Qualifications and key requirement

• Degree or Master’s Degree
• Extensive experience (10 years+) in Risk Management at a Hedge Fund, or Asset Manager.
• Strong experience with all parts of the buy side business.
• Exceptional verbal and written communication skills.
• Ability to communicate complex ideas succinctly.
• Competitive compensation and clear long-term progression.

Due to the high trading volume and complexity in the role, our client does prefer people to be in the office more than working-from home, but there will be some flexibility from time-to-time.

**Please note our client will not sponsor, and we ask all applicants to have full UK Right to Work and no time limited visas – Youth Mobility, Tier 4, Spouse Visas (all that are soon to expire and require company sponsorship to work in the UK).

We ask all applicants to respect this requirement given our client’s request and inability to sponsor.**

Salary

Between £150,000 k pa - £00,000 k pa dependent upon experience (total comp between 00 k pa - m pa), pension, healthcare etc.

The Role

Senior Market Risk Manager/ Head of Market Risk - Boutique “Global Macro” Hedge Fund (10-years + Hedge Fund, or Asset Management experience)

Martis Search are representing a boutique Mayfair based Hedge Fund to hire a permanent “Senior Market Risk Manager”, or “Head of Risk Management.”

This is an amazing opportunity to be part of a very exciting Hedge Fund.

The Hedge Fund will be growing a lot in the next few years. This is a senior Hedge Fund Front Office Market Risk role. Our client is open to anyone who is currently either employed as a “Senior Market Risk Manager”, or “Head of Risk Management” who either in the future wants to become their “Head of Risk Management”, or “Chief Risk Officer.”

Our client needs someone with a minimum of x 10-years + “Global Macro” (Equity, Fixed Income and FX) Market Risk, or multi-asset class (i.e. Equity Long/ Short with a mix of other asset-classes/ strategies – they open-minded) experience gained from preferably a Hedge Fund, but they are willing look at someone from a reputable Asset Management.

It is a senior Hedge Fund Market Risk Manager role, but without managing any staff. You will work closely with the Investment team and the CIO. The chosen incumbent will be the sole person and most senior Market Risk Manager in the business (both hands-on and strategic role).

Our client is looking for a solid Market Risk professional with an exemplary education in a numerate type degree and extensive “Financial Modelling” skills. Any coding skills such as Python, SQL, C +, R, VBA etc (for a variety of tasks such as building Risk models such as VaR, Stress Testing, Factor Exposures, Risk Reporting, Data Analysis, Data Visualisation etc).

Key Responsibilities

• Ongoing market risk management of Equity, Fixed Income and Foreign Exchange Global Macro strategies.
• Play a critical role in portfolio construction and strategy development, working closely with both the CIO and with business development to continually refine strategies for institutional portfolios.
• Conduct deep-dive risk analysis on individual trades as well as broader portfolio exposures.
• Develop and refine stress scenarios, VaR models, and other risk metrics to evaluate potential market shocks.
• Clearly communicate risk findings and recommendations to senior stakeholders.
• Monitor real-time market developments and assess their impact on portfolio risk.
• Investigate P&L drivers and provide detailed breakdowns of performance.
• Contribute to research initiatives aimed at enhancing risk frameworks and tools.
• Enhance risk measurement, portfolio analytics, controls and both internal and external risk reporting.

Qualifications and key requirement

• Degree or Master’s Degree
• Extensive experience (10 years+) in Risk Management at a Hedge Fund, or Asset Manager.
• Strong experience with all parts of the buy side business.
• Exceptional verbal and written communication skills.
• Ability to communicate complex ideas succinctly.
• Competitive compensation and clear long-term progression.

Due to the high trading volume and complexity in the role, our client does prefer people to be in the office more than working-from home, but there will be some flexibility from time-to-time.

**Please note our client will not sponsor, and we ask all applicants to have full UK Right to Work and no time limited visas – Youth Mobility, Tier 4, Spouse Visas (all that are soon to expire and require company sponsorship to work in the UK).

We ask all applicants to respect this requirement given our client’s request and inability to sponsor.**

Salary

Between £150,000 k pa - £00,000 k pa dependent upon experience (total comp between 00 k pa - m pa), pension, healthcare etc.

Financial Risk Manager

City of London

Permanent

Up to £85k

cer Financial are working alongside an insurance company who are based in the City of London. They are seeking a Financial Risk Manager to work with them on a permanent basis.

The responsibilities of the Financial Risk Manager will include:

Report to the CRO and act as their delegate as necessary.

Support the CRO in development of the company ris.

WHJS1_UKTJ

Hello, we’re Starling. We built a new kind of bank because we knew technology had the power to help people save, spend and manage their money in a new and transformative way. We’re a fully licensed UK bank with the culture and spirit of a fast-moving, disruptive tech company. We’re a bank, but better: fairer, easier to use and designed to demystify money for everyone. We employ more than 4,000 people across our London, Southampton, Cardiff and Manchester offices. 

We're looking for a talented Prudential and Financial Risk Management Senior Auditor to join our growing Internal Audit team.  

You should be an experienced Prudential and Financial Risk Management Auditor, ideally with a background working in the banking or regulated financial services sector.  You will be passionate about making a real impact to the Bank's controls and business processes because this is key to our mission. With limited supervision, you will be required to develop relationships with management and to plan and execute audits in Prudential and Financial Risk and other areas of Starling.  

You will support and help Starling's senior management to protect the assets, reputation and sustainability of Starling as it continues on its growth path and delivers fantastic products and services.

This position focuses on areas such as Prudential, Treasury and Finance (e.g. Regulatory Reporting) and Model Risk management. 

What you will be doing

• Contribute to audits over Prudential / Financial Risk, Model Risk management and remediation areas respectively, using the support of Starling's in-house team and co-source providers. 
• Undertaking specialist regulatory reviews on areas such as ICAAP/ILAAP documentation, and ALM activities (e.g. IRRBB, Capital etc) and the Resolvability Assessment Framework  
• Planning audits, documenting processes to be reviewed, identifying risks and the key actual controls in place to mitigate the identified risks, and attending meetings with internal/external stakeholders 
• Document work papers to ensure consistency with audit methodology and quality standards, including formulation of logical and supportable conclusions
• Support the delivery of value-add and insightful audit reports, ensuring factual accuracy is agreed upon and managing stakeholder communications
• Draw and articulate well-formulated conclusions and pragmatic recommendations, as well as inspire and be an agent of positive change throughout Starling
• Build and maintain strong professional relationships at all levels 
• Demonstrable influencing and negotiating skills, able to manage challenging conversations and also challenge in a constructive manner to support sustainable growth and ensure appropriate outcomes for our customers
• Liaise with Prudential and Financial Risk management in tracking progress in addressing audit recommendations and confirming their closure
• Develop and maintain broad regulatory knowledge and experience. Stay abreast of business/industry changes and their effect on the team's audit plan, audit methodology and risk assessments
• Contributes proactively to achieving Internal Audit’s performance objectives and works effectively as part of a team

Requirements

• Financial Services experience as an auditor or a strong understanding of audit processes in Financial risk or Treasury such as Liquidity Risk Management and Asset Liability Management  
• Experience or exposure to regulatory compliance applicable to UK regulated Banks 
• Strong relationship management and influencing skills, coupled with excellent planning and presentation skills 
• Experience in delivering integrated audits, supporting business auditors in identifying relevant Prudential / Financial risks and designing appropriate audit techniques
• Good understanding and exposure to the full audit lifecycle including the ability to plan, execute and draft audit findings to a good standard.  
• Desire to learn and ability to juggle multiple priorities, overcome challenges and adapt to a fast-paced environment
• Self-starter and can do approach with a level of flexibility to adapt to work in a fast paced, nimble yet highly regulated environment
• Able to work collaboratively in a team environment and confident with agile ways of working
• A good understanding of the 2025 Institute of Internal Auditors (IIA) standards
• Excellent attention to detail, highly organised with a proactive approach
• Broad regulatory knowledge and experience, as well as staying abreast of business/industry changes and their effect on the team's audit plan, audit methodology and risk assessments

Benefits

• 25 days holiday (plus take your public holiday allowance whenever works best for you)
• An extra day’s holiday for your birthday
• Annual leave is increased with length of service, and you can choose to buy or sell up to five extra days off
• 16 hours paid volunteering time a year
• Salary sacrifice, company enhanced pension scheme
• Life insurance at 4x your salary
• Private Medical Insurance with VitalityHealth including mental health support and cancer care. Partner benefits include discounts with Waitrose, Mr&Mrs Smith and Peloton
• Generous family-friendly policies
• Perkbox membership giving access to retail discounts, a wellness platform for physical and mental health, and weekly free and boosted perks
• Access to initiatives like Cycle to Work and Salary Sacrificed Gym partnerships

About Us

You may be put off applying for a role because you don't tick every box. Forget that! While we can’t accommodate every flexible working request, we're always open to discussion. So, if you're excited about working with us, but aren’t sure if you're 100% there yet, get in touch anyway.

We’re on a mission to radically reshape banking – and that starts with our brilliant team. Whatever came before, we’re proud to bring together people of all backgrounds and experiences who love working together to solve problems.

Starling is an equal opportunity employer, and we’re proud of our ongoing efforts to foster diversity & inclusion in the workplace. Individuals seeking employment at Starling are considered without regard to race, religion, national origin, age, sex, gender, gender identity, gender expression, sexual orientation, marital status, medical condition, ancestry, physical or mental disability, military or veteran status, or any other characteristic protected by applicable law. When you provide us with this information, you are doing so at your own consent, with full knowledge that we will process this personal data in accordance with our Privacy Notice.

By submitting your application, you agree that Starling may collect your personal data for recruiting and related purposes. Our Privacy Notice explains what personal information we may process, where we may process your personal information, its purposes for processing your personal information, and the rights you can exercise over our use of your personal information.