Market Risk Analyst
Your new company
A leading International Bank with operations in London who offer the full banking services across Personal, SME & Corporate Banking Services. They are a Technology driven business who still value traditional lines like Treasury transactions.
Your new role
Risk Management - You will be assisting the Market & Operational Risk Manager in the identification, monitoring and escalation of Market Risk at the Bank (UK):
Identification:For agreed risks (split by asset class, risk policy or otherwise) develop a detailed understanding of the risks, maintain on an ongoing basis an up-to-date situational awareness of the risks.
Monitoring: You will be actively monitor markets to assess potential impact of changes on the Company's clients trading exposures : Follow the trading day cycle and tasks with the emphasis on intraday risk monitoring and risk mitigation Monitor limits for clients in accordance with the risks policies agreed by the Board Risk Committee Report on breaches of risk management policies Produce daily market risk reporting including risk dashboard for senior management
To assist the Manager of Market & Operational Risk in the identification, collection and analysis of risk information Participate in the development of systems to assist in the evaluation and analysis of risk information Be aware of and ensure compliance at all times with all applicable legal and regulatory requirements Maintaining and updating in conjunction with the Market & Operational Risk Manager and the Chief Risk Officer the department's internal Procedures and Policies.
To work closely with the Operational Risk Analyst in enhancing and implementing new MI reports for Operational, Market & Liquidity Risk. Enhancement and automation of risk reports and tools with Excel functions and VBA. Escalation Production of weekly packaged report detailing liquidity position, latest Call Account exposures and rates together with Interest Rate Gap and Sensitivity Reports including commentary for benefit of Asset and Liability Committee.
What you'll need to succeed
You will at least 3 years' experience in Market Risk and have sound understanding of derivative and foreign exchange trading. My Client is wants a driven, ambitious, self-starter who can grasp a concept quickly and deliver a reasoned investigation and analysis. You need good attention to detail - to pick up on errors and produce accurate work and grasp of the reasons for a strong control environment and operates with this mentality.Strong IT skills, Microsoft Office package MS Excel Advanced (Essential) VBA (Desired).
MS Word and MS Outlook Experience with Bloomberg an advantage, Temenos (T24), Eurobase-Siena
Specific Product knowledge required:
Essential: Interest Rate Futures, Foreign Exchange, Interest Rate Swaps, Bonds and NDFs,
What you'll get in return
Career progression, great exposure to market risk and working closely with Senior Risk team members.
What you need to do now
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