Market Risk Analyst

Job type:
Start date:
6 months
Resource Solutions - GSC
Published at:
flag_no United Kingdom
Project ID:

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Role Purpose:

Responsible for Market Risk Analysis 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 )

Role Context:

  • Candidate will be expected to have a strong understanding of Market Risk and a good understanding of the Market Risk Management and Control function and its role within the wider Group Risk context.
  • An understanding of the Rates, Credit, Structured Credit Product business, IRC, Stress Testing and the accounting context is required.
  • Candidate will be expected to be able to build ad-hoc queries using MS Access in order to extract and analyze data. They should also be able to design and build reports using MS Excel and VBA to a sufficiently professional standard.
  • Candidate will have strong IT skills, (VBA, SQL, Matlab, C++ are required)
  • Candidate will be expected to work independently and will be expected to have the discipline to run all necessary daily processes to a consistently high standard.


  • 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.
  • Advanced knowledge of VBA, SQL, Matlab, C++
  • Knowledge of Bloomberg and Summit
  • Experience of related banking areas, eg Product Control Front Office Quant


  • Broad knowledge of Global Capital Markets
  • Broad knowledge of principals of hedging and derivatives trading strategies
  • Experience with Summit, Spear, VA, Murex, Raven, Castor, and Tiger systems