Description
I have a fantastic position for a Market Risk Analyst to join a leading Investment Bank. The successful candidate will have a very strong technical understanding of market risk calculation and aggregation, the ability to interpret complex risk reports from multiple sources and the ability to identify key material risk.
Role Purpose
- Market Risk Analyst reporting to the Head of Market Risk Aggregation and Capital. Responsibilities include; assisting in the development and interpretation of aggregate risk reports; drafting materials for internal governance meetings; maintenance of market risk policy; support for various GACH areas of responsibility; co-ordinating response to various regular and ad hoc regulatory enquiries; and involvement as market risk SME in ongoing and incoming regulatory priorities.
Key Accountabilities
- Assist the Head of MRAC with the development of high quality aggregate risk reports
- Understand and interpret aggregate risk reports across trading and banking books and be prepared to escalate risk concentrations and significant risk movements as required
- Draft materials for internal governance meetings as required and provide expert commentary when requested
- Work with team to maintain accurate and up to date market risk policy documents
- Make significant contribution on market risk aspects of various incoming regulations (including FRTB)
- Build expert knowledge of existing regulations as they impact market risk and provide leadership on these topics to wider Traded Risk function (including Volcker Rule, ICAAP etc.)
- Provide support to TR GACHs on various responsibilities and regulatory priorities
- Co-ordinate the response to various ad hoc enquiries from regulators
- Provide analysis of Market Risk RWA utilisation
- Understand and contribute to other areas of focus for the team including the Annual Limit Review, ICAAP etc.
Qualifications
- 2 years+ experience in either Market Risk or Trading
- Very strong technical understanding of market risk calculation and aggregation
- Ability to interpret complex risk reports from multiple sources and ability to identify key material risks
- Understanding of market risk regulation and incoming regulatory directives
- Good communication and interpersonal skills
- Ability to form strong working relationships
- Good knowledge of Markets products
- Ability to understand and interpret complex business requirements
- Ability to obtain data from multiple sources, link and analyse data
- Ability to prioritize competing demands