Description:
My client is looking for 2 Market Risk Analysts to join the expanding team. There is 1 Analyst level position and 1 Senior position available. To find out more, please do email me directly mariademetri@taylorroot.com.
Exciting prospects await an experienced Market Risk Analyst. You'll play a pivotal role in the daily monitoring of Risk within the team, necessitating strong data analysis skills. This position offers ample opportunities for exposure to senior management, making it ideal for a motivated individual with a keen interest in Risk Management and FX products. The role is highly visible across the company, involving close collaboration with various departments such as Risk, Technology, Sales, Product, PMO, COO, and external partners.
Role Responsibilities
Risk Monitoring:
- Continuously monitor risk exposures, reviewing methodologies including initial margin models, stress testing, and margin addons.
- Ensure accuracy and effectiveness of data sources, pricing methodologies, and curve building methodologies.
- Develop a robust understanding of margining and liability calculation, including VaR models and FX Pricing for NDF, NDO, FWD, and FXO.
Operational:
- Execute day-to-day monitoring of the team's activities, escalating any deviations from the schedule.
- Handle post-execution events like portfolio transfers and compression activity.
Communication/Presentation Skills:
- Liaise with key stakeholders to resolve member/client/matcher queries promptly and effectively.
Client Management: Internal/External:
- Foster and maintain strong relationships with members and clients.
- Assist in handling queries with technology and middleware/SEF communities.
IT Systems:
- Proactively monitor the team's performance, collaborating with IT support on issue resolution, analyzing business impact, and communicating with clients.
- Participate in relevant UAT and quality gate exercises for releases.
Projects/Non-BAU:
- Contribute to additional project work to improve the operational environment and support business needs.
- Engage early in project deliveries following Agile methodology.
Regulatory/Member Reporting:
- Manage daily and periodic Regulatory Reporting submissions, reconciliations, and troubleshooting across jurisdictions.
- Oversee systematic processes and manage manual elements to ensure adherence to regulatory and Member reporting SLAs.
Working Experience:
Candidate Profile/Key Skills:
- Experience in Market Risk Management in an investment bank, CCP, or similar financial organization preferred.
Education:
- Bachelor's degree in Business, Finance, or a related discipline, or equivalent.
Technical Skills:
- Basic understanding of FX product life cycle.
- Familiarity with Risk management techniques.
- Excellent analytical, numerical, and problem-solving skills with keen attention to detail.
- Ability to establish and maintain excellent relationships internally and externally.
- Computational skills such as MS Excel VBA programming and Python experience.
Soft Skills:
- Excellent communication skills, both oral and written.
- Proactive and self-driven.
- Ability to manage workload/priorities for oneself and the team, and work efficiently to meet deadlines.
- Comfortable serving as a key point of contact for senior management across departments and engaging with senior stakeholders.