Analyst, Risk Management

ICE; Greater London; On-site; GBP 85,000 - 110,000; Full time

Job summary

ICE Clear Europe is seeking a Senior Risk Analyst to support the Clearing Risk Department in shaping risk management practices across multiple asset classes. You will help calibrate models, enhance risk tools, and implement risk initiatives to benefit the business.

You will interact with senior management and clearing members, develop reporting for ICE Clear Europe boards and committees, and contribute to regulatory-aligned risk processes and documentation.

Qualifications

• Degree in Mathematics, Engineering, Finance or other equivalent degrees.
• Attention to detail and strong problem-solving skills with the ability to balance trade-offs.
• Prior experience in risk management as a risk analyst or relevant professional experience (at an investment bank, hedge fund or clearing house).
• Strong knowledge in financial derivatives products in multiple asset classes preferred.
• Experience applying risk management models and techniques such as VaR, liquidity risk, backtesting and stress testing.
• Ability to be a team player and to collaborate with other teams.
• Experience with SQL and Python.
• Excellent written and verbal communication skills.

Responsibilities

• Conduct mathematical/statistical analysis to calibrate and enhance risk models.
• Ensure the risk management framework and risk policies are adhered to and align with regulatory standards.
• Assist with identifying areas where risk models or processes can be improved.
• Enhance documentation of risk processes, procedures and models.
• Communicate with clearing members, risk committees and ICE senior management.
• Build and maintain risk management reports for ICE Clear Europe boards and committees.
• Monitor model performance and assess the appropriateness of models to demonstrate policy adherence.
• Collaborate with colleagues on policy and methodology development.
• Conduct project work and ad-hoc market research on risk topics.

Skills

SQL

Python

Problem solving

Communication

Team player

Attention to detail

Education

Degree in Mathematics/Engineering/Finance

Job description

Job Purpose

ICE Clear Europe’s Clearing Risk Department ("CRD") is looking for a Senior Risk Analyst. The successful candidate will assist the senior risk managers in overseeing and shaping the risk management practice at one of the largest futures and options clearing houses in the world. You will be joining a very dynamic team, be exposed to a wide range of asset classes and be challenged with complex risk problems. You will be responsible for carrying out all aspects of the day-to-day risk management duties and assist in developing and implementing enhancements to the risk management tools, models, and processes. You will also participate in the design and implementation of new risk initiatives and products that benefit the business.

Job Description

ICE Clear Europe’s Clearing Risk Department ("CRD") is looking for a Senior Risk Analyst. The successful candidate will assist the senior risk managers in overseeing and shaping the risk management practice at one of the largest futures and options clearing houses in the world. You will be joining a very dynamic team, be exposed to a wide range of asset classes and be challenged with complex risk problems. You will be responsible for carrying out all aspects of the day-to-day risk management duties and assist in developing and implementing enhancements to the risk management tools, models, and processes. You will also participate in the design and implementation of new risk initiatives and products that benefit the business.

Responsibilities

• Conduct mathematical/statistical analysis to calibrate and enhance risk models
• Ensure the risk management framework and risk policies are being adhered to and are consistent with regulatory and industry standards
• Assist with identifying areas where the risk models, risk management processes, or infrastructure can be improved
• Enhance documentation of risk processes, procedures and models
• Assist with communication with representatives from clearing members, risk committees and senior management of ICE
• Build and maintain risk management reports for the ICE Clear Europe board, various ICE Clear Europe risk committees and the regulators overseeing ICE Clear Europe
• Monitor model performance tests and assess the appropriateness of models in order to demonstrate policy adherence
• Collaborate with a group of colleagues on key policy and methodology development
• Conduct project work and run thematic or ad-hoc market research on relevant risk topics

Knowledge And Experience

• Degree in Mathematics, Engineering, Finance or other equivalent degrees
• Attention to detail and strong problem-solving skills with the ability to balance trade-offs
• Prior experience in risk management as a risk analyst or relevant professional experience (at an investment bank, hedge fund or clearing house) will be an advantage.
• Strong knowledge in financial derivatives products in multiple asset classes preferred
• Prior experience in applying risk management models and techniques such as Value at Risk models, Liquidity Risk models, backtesting and stress testing models will be an advantage.
• Ability to be a team player and to collaborate with other teams
• Ability to conduct research, analyze problems, formulate and implement solutions in an efficient, effective and independent manner
• Experience with SQL and Python
• Excellent written and verbal communication skills