Market Risk Analyst

mthree Recruiting Portal; United Kingdom; On-site; GBP 45,000 - 60,000; Full time

Job summary

A top investment bank is seeking a Market Risk Analyst to join their Market Risk Management department. The role involves executing business processes, enhancing control measures, and collaborating with stakeholders. Candidates should have 1-3 years of relevant experience, a degree in a quantitative subject, and strong analytical skills using tools like Excel and Python. This position offers an excellent opportunity to grow within a reputable firm.

Qualifications

• 1-3 years of relevant experience.
• Knowledge of risk management methodologies like VaR and Stress Testing.
• Experience in regulated capital reporting regimes.

Responsibilities

• Execution of MRI business processes in line with Market Risk policies.
• Delivery of continual process improvements.
• Monitoring service levels and issues with Risk Infrastructure.

Skills

Proactive and motivated

Time management and deadline driven

Written and verbal communication

Strong technical data analysis skills

Education

Degree in a quantitative subject

Postgraduate degree or professional qualifications

Tools

Excel

VBA

Python

SQL

Job description

A highly respected investment bank requires a Market Risk Analyst to work within The Market Risk Management department.

Department overview:

MRI (Market Risk Infrastructure) provides governance and control of the banks Market Risk Management department. Core activities relate to procedural management that ensures the Regulatory Compliance of their European entities. Supervision of the end to end production of VaR, Stressed VaR, IRC, CRM, Stress Scenarios and similar processes in line with the terms of the bank's IMA permission waiver. Delivery of management, capital and regulatory reporting in line with firm wide governance and regulation.

Key objectives critical to success:

• Execution of MRI business processes in line with the bank's Market Risk policies and procedures to include but not limited to; daily sign off / adjustments / Market Risk add-ons / NEHS capital assurance
• Delivery of continual process improvements to address procedural control gaps
• Monitoring of the service levels / issues / problems encountered with the Risk Infrastructure used to produce the Market Risk Metrics with Production Services team.
• Stakeholder management / establish peer relationships with the Market Risk Management team and Global MRI teams
• Understanding of early escalation and controls for daily decision.

Skills, experience, qualifications and knowledge required:

• 1-3 years of relevant experience
• Degree preferably within a quantitative subject, postgraduate degree or relevant professional qualifications (e.g. CFA, FRM and CQF) preferable.
• Knowledge of risk management methodologies (e.g. VaR, Risk Capital, Stress Testing)
• Management of stakeholders at various levels and in different regions
• Written and verbal communication
• Proactive and motivated
• Time management and deadline driven
• Strong technical data analysis skills and use of tools such as Excel / VBA / Python / SQL
• Experience of regulated capital reporting regimes
• Experience of Financial Services Risk Management or Middle Office / Operations function including end to end trade lifecycle / data flows.