• 7 October 2008
• Reference: JR205704

• Market Risk

• City of London £40.00 - £45.00 p/hr Temporary
• Benefits: Market Risk

Market Risk Analyst



Market Risk Management are looking to recruit an experienced Market Risk Analyst to perform the daily market risk reporting for the Global Rates business in London. The candidate must have the technical ability to streamline and improve the current tactical process and provide improved analytics to the Market Risk Manager for this area.



Main duties and responsibilities include:-



· Front Office liaison / Relationship Management

· Daily risk reporting, limit monitoring and excess reporting

· Understanding of risk sensitivities e.g. Greeks, Scenario, Stress Test and VAR Analysis

· Responsible for ensuring risk data is consistent with the source systems

· Gradually increasing exposure to risk analysis, as needed, reviewing markets, risk methodologies, risks not fully captured in VaR, trading positions, etc

· Working on tactical and strategic projects to support the continued development of the internal risk management system

· Working with IT development staff on systems testing and implementation

· Extensive liaison with support functions

· Responsibility for integrity and continuous improvement of the processes owned

· Assisting with New Product Proposals



Ideal experience required:-



· 2 - 3+ year's Market Risk experience with a proven track record for development of a tactical reporting environment

· Knowledge of markets and risk methodologies (VAR, stress testing, sensitivities etc.)

· Product knowledge: IR cash & Derivatives experience

· Highly motivated self starter with the ability to work independently on the improvement of current tactical process and provide input in strategic development

· Client focussed with the drive to improve risk analytics for the risk management function

· Ability to respond quickly and proactively to ad hoc risk enquiries

· High quality standards and motivation to continuously improve output

· Excellent MS Office, Excel, Access, VBA and general systems skills

· Technical degree with some experience of data and programming

• Send to a friend

Keywords related to this job

• Accountancy & Finance,
• Valuation Risk Control,
• City of London,
• Temporary,
• Asset/ Investment Management,
• Market Risk