Market Risk Management
Identify, monitor and manage risks arising from movement in market prices such as foreign exchange rates, interest rates, credit spreads, equity and commodity prices, cash flow and liquidity positions
Type
Functional
Competency Area
Risk Management, Governance and Regulatory Compliance
Levels
Monitor and analyse market risk drivers across business function
Apply risk controls and ensure adherence to market risk limits
Validate market data and monitor market risk indicators and market limits
Monitor adoption of market risk guidelines and controls, flagging non-compliance
Review and validate market data of trading and/or other activities
Conduct market risk reporting, market risk driver assessments prioritising market risk with high level impact to business
Implement scenario analysis and stress testing Execute risk response activities in line with risk mitigation plans.
Conduct financial mathematics, modelling and stress testing
Develop scope of market risk management framework within functional tracks
Develop market risk management framework
Review market risk limit application in line with business risk appetite
Facilitate adoption of market risk guidelines and controls
Develop adoption approach of new risk technologies and risk data management strategies
Define data requirements and structure to support effective risk management framework and methodologies
Inspect market risk driver assessment, profiling and analytics to ensure alignment with market risk framework
Facilitate scenario analysis process and stress testing analytics, providing enhancements to design
Develop market risk mitigation plans and review risk response activities
Establish market risk management strategies within overall risk management framework
Establish market risk management strategies and frameworks in adherence to overall risk management strategy
Devise market risk limits, guidelines and controls based on trade risk appetite
Lead the adoption of new risk technologies and risk data management strategies
Drive the design, and implementation of scenario analysis processes and analytics
Guide market risk mitigation strategies on trade valuations and market pricing
Lead the adoption and communication of market risk framework, policy and procedure across business
Establish the design, implementation and communication of scenario analysis processes and analytics related to market risk assessments