Senior Market Risk Analyst - £300/day - 5 months

London, England, United Kingdom

Senior Market Risk Analyst - £300/day - 6 months 

This role is ideally suited for someone who has 1-2 years experience within a Market Risk function and is now looking for stability with a top tier bank. 

ROLE PURPOSE

Responsible for Market Risk Control focusing on Credit business, the role holder should:

  • Ensure that accurate risk is reported against all limits set in the trader mandates.
  • Maintain strong internal controls and a well controlled reporting environment.
  • Work with other team members globally to expand best practices.
  • Work closely with Market Risk Managers to provide analysis and support.
  • Implement additional risk reporting and analysis in conjunction with Market Risk Management requirements.
  • Ensure that production tasks are offshored where possible in line with strategy.
  • Improve efficiency and effectiveness of controls to ensure that operational risk is minimized.
  • Provide commentary and analysis on Regulatory Capital Charge inputs, including Stress Test and PRA requests
  • Work with CTB team to ensure strategic systems rollout is delivered on schedule.
  • Work with RRA (Reg and Risk Analytics) to review the risk models (IRC, products pricing, curve calibration…)

ESSENTIAL EXPERIENCE 

  • Ideally 1-3 years in a Market Risk Function
  • Masters Degree 
  • Thorough understanding of risk management, Value at Risk, sVaR, PVBP, RWA and Stress Testing
  • Deep Understanding of IRC notion
  • Understand key risk factors for Credit, IR products and how they are measured.
  • Thorough understanding of the Market risk function.
  • Ability to design and implement normalized databases.
  • Knowledge of VBA, SQL , Matlab, C++
  • Knowledge of Bloomberg and Summit
  • Experience of related banking areas, e.g. Product Control Front Office Quant
  • Broad knowledge of Global Capital Markets