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Finance Risk Consultant - April 2023
Düsseldorf, NRWFor one of our clients in the utilities industry we’re looking for a freelance Finance Risk Consultant:
Project description:
In response to current challenging market conditions, the project “Liquidity Framework implementation” will help to address the client’s challenges by adding further transparency to the capital utilized by margining. By future proofing the framework we will enable to improve liquidity planning required to support trading activities, enhance risk management on portfolio level, and create capabilities for smarter cost-conscious decision-making in trading. Incl. strengthen the overall MaR (Margining@Risk) monitoring and reporting; design, align and implement an efficient Target Operating Model to break silos between Credit Risk, ECMO, Front Office and Treasury; enhance existing steering and monitoring framework for market channel use to optimize margining exposure.
Task description:
Project capacity: 40 hrs./week (after July ca. 20 hrs./week)
Project duration: 5+ months
Project location: Düsseldorf (onsite 1-2 times per month, rest remote)
Project description:
In response to current challenging market conditions, the project “Liquidity Framework implementation” will help to address the client’s challenges by adding further transparency to the capital utilized by margining. By future proofing the framework we will enable to improve liquidity planning required to support trading activities, enhance risk management on portfolio level, and create capabilities for smarter cost-conscious decision-making in trading. Incl. strengthen the overall MaR (Margining@Risk) monitoring and reporting; design, align and implement an efficient Target Operating Model to break silos between Credit Risk, ECMO, Front Office and Treasury; enhance existing steering and monitoring framework for market channel use to optimize margining exposure.
Task description:
- Provide technical consultancy regarding the further detailing and implementing of the future target operating model for the liquidity risk management (incl. roles, responsibilities, interfaces, processes, organisation design).
- Provide technical consultancy to key stakeholders to check if the target model is aligned and fully agreed
- Define, detail and implement processes (incl. reporting and escalation), which are identified and prioritized within the project. The client provides final sign off before implementation.
- Provide technical consultancy to the responsible Project Manager for steering the implementation of the aligned target operating model
- Monitor and follow-up regarding the identified tasks of the target model implementation and undertake corrective actions when necessary
- In general share best practices and insights from former projects
- Risk and financial background;
- Exposure to finance and Risk process implementation;
- Knowledgeable in commodity market.
- Process analysis and process improvement;
- Experience in designing & implementing operating models;
- Experience in risk management finance;
- Experience in energy sector;
- Must have: English
- German is nice to have
Project capacity: 40 hrs./week (after July ca. 20 hrs./week)
Project duration: 5+ months
Project location: Düsseldorf (onsite 1-2 times per month, rest remote)