The main purpose of the role:
This position has responsibility for monitoring and reporting of market risks and limits for the structured interest rate derivatives products based in London.
The risk analyst will be based in a front office environment and works closely with traders, quants, product control and IT.
The market risk analyst will have the following responsibilities:
-Stress testing and VaR calculation of the London structured rates portfolio, demonstrating a good understanding of the resultant numbers and timely delivery of the associated reports.
-Ensuring that risk position data is accurately recorded in the Firm's Value-at-Risk platform.
-Performing scenario analysis associated with the Regulatory Capital calculation.
-Involvement with the monthly Independent Price Verification process applied to the structured derivatives portfolio.
-Monitoring and reporting adherence to the relevant the bank's market risk limits.
-Pro-active approach to the risk management of the portfolio in general.
-Assist with implementation of new product initiatives.
-Ad-hoc trade and portfolio analysis and project work.
The successful candidate is likely to have the following background and skill set:
-A good first degree in a quantitative discipline,
-Highly self motivated,
-Pragmatic, delivery oriented attitude,
-Good team player with strong communication and interpersonal skills,
-Good VBA skills,
-Understanding of interest rate derivatives and their risk profiles.
This role provides an excellent opportunity for a market risk analyst to gain experience of working in a front office environment within a high performing investment bank.
If you fit the above profile please send your applications by mail.
Apply by email.
Please do not modify the subject of the mail or your application will not be considered.
