Market Risk Analyst

Goodfit; Dubai; On-site; AED 120,000 - 180,000; Full time

Job summary

Goodfit is seeking a quantitative risk professional to monitor risk metrics daily across trading and banking books and to oversee limit management with prompt escalation of breaches. The role includes preparing daily and weekly risk dashboards for internal use and regulatory requirements.

The candidate will engage in stress testing and contribute to system/model validation, leveraging Excel and programming in Python/SQL/R along with Bloomberg/Reuters terminals to ensure data integrity and robust

Qualifications

• Bachelor’s or Master’s degree in Finance or a quantitative field.
• FRM or CFA is a plus.
• Strong Excel skills; programming in Python/SQL/R encouraged.

Responsibilities

• Review data and reports related to tracking risk metrics like VaR, Expected Shortfall, and sensitivity analyses.
• Monitor limit management for exposure against risk limits and escalate breaches to senior management.
• Prepare and review daily/weekly risk dashboards for internal and regulatory needs.
• Assist with stress testing and system/model validation.

Skills

MS Excel

Python

SQL

R

Bloomberg Terminal

Education

Finance/Economics degree

FRM

CFA

Tools

Bloomberg Terminal

Reuters Terminal

Job description

Core Responsibilities – On monitoring and reporting

• Review the data and reports related to the following -

• Tracking risk metricslike Value-at-Risk (VaR), Expected Shortfall, and sensitivity analyses on a daily basis across trading and banking books.

• Limit management monitoringfor exposure against established risk limits, promptly escalating any breaches to senior management.

• Reporting & Compliance:Prepare and/ or review daily, weekly risk dashboards for internal consumption and regulatory requirements.

Additional responsibilities – may arise

• Stress Testing:Conduct or review output from scenario analyses to gauge how adverse market movements, interest rate shifts, and liquidity crises affect the bank's capital adequacy and profitability.

• System & Model Validation:Assist in back-testing risk models, ensuring the accuracy of market data, and supporting the upgrade of treasury and risk

Qualifications & Skills

• Education:Bachelor’s or Master’s degree in Finance, Economics, Financial Engineering, Mathematics, or a related quantitative field.

• Certifications good to have: FRM, CFA

• Technical Skills:(Mandatory) Advanced MS Excel is a baseline requirement. (Good to have) Proficiency in Python, SQL, or R and familiarity with risk engines and Bloomberg/Reuters terminals are highly advantageous

• Financial Knowledge:

• Deep understanding of global markets and instruments (FI/ Derivatives, FX, Equities)

• Deep understanding of market risk concepts and models