Description
The department focuses on strategic change initiatives, BAU reporting and production activities across Credit and Market Risk.
The department comprises five teams:
Credit Risk Projects
Credit Risk Reporting
Market Risk Production
Market Risk Projects
Risk Architecture & Data Quality
The role is to develop and document infrastructure and reporting solutions for the Risk Data Quality team with a particular focus on the Credit Risk side. This role covers both derivative and secured-financing Trading Book transactions, as well as Banking Book positions.
It would suit an individual that is looking for exposure to all types of credit and market risk present in a hugely diverse inventory of products, across all classes of asset, on the books of one of the largest and most innovative banks in the market.
It is a rare opportunity to gain a broad range of skills and experience that will allow for multiple career progression opportunities thereafter.
Duties:
Ensure data providers provide clean data at all times
Explain moves in key risk metrics whether market move, portfolio change or data/system error
Coordinate and plan workflow within the team, document appropriately
Identify and resolve data gaps: market, static, reference, trade
Identify system bugs and raise appropriate tickets
Perform root cause analysis and identify resolution plans and owners for all errors
Log and prioritise issues encountered
Document issues and associated resolutions for use within the BAU team
Design new controls to ensure timely issue identification and resolution
Liaise and build relationships with key stakeholders and data providers
Explain daily movements in metrics
Must have:
Background working in Risk/Risk Reporting, preferably Credit Risk
Basic understanding of a Monte Carlo risk engines, metrics and associated data flows: inputs, processes, outputs
Good derivative product knowledge, understanding of securitized financing trades and awareness of key banking book concepts
Knowledge of key stakeholders/collaborators in a CR dept. eg Legal, Collateral Management, Exposure Management, Credit Sanctioning etc
Experience in business analysis: investigating issues, documenting findings and planning of workflow for individuals and teams
Understanding of Basel 2 capital calculation protocols essential, B3 desirable - preferred
Technical Knowledge
MS Excel - Expert User
MS Access - Expert User
VBA - fluent
MS SQL Server - Proficient Query level user
Aston Carter Ltd is acting as an Employment Business in relation to this vacancy.