Business Risk Senior Officer

This new role is part of the Markets Price Risk and Control Data Execution team supporting the Price Risk Initiative. ‘Price Risk’ includes all aspects of market risk management across First Line and Second Line functions, and the initiative sets out to improve and enhance risk management controls and processes across Markets businesses. Price and Credit Risk and Control (PCRC) is a first line cross-asset risk and control function, which operates or facilitates controls to manage the operational risk, valuation risk and governance components of managing quality of Price Risk. The team works closely with Global Markets Trading Businesses, In-Business Risk (IBR), Finance and 2LoD in setting standards and procedures, leading governance, building and managing controls across processes and activities in scope of the Price Risk Framework. The role will require knowledge of Price Risk processes (first- or second-line risk management and/or valuation control) as well as change skills to define, organize and co-ordinate a program of work across businesses and regions. The role will support Markets businesses and functions in driving transformation in underlying risk and control processes. It will involve collaboration with stakeholder groups to define a best-in-class target state, with a robust control framework as well as a set of practical actions to achieve.