Market Risk Analyst: VaR, FX, Stress Tests

Harvey Nash IT Recruitment UK; Greater London; On-site; GBP 42,000 - 64,000; Full time

Job summary

Harvey Nash IT Recruitment UK is seeking a Market Risk Analyst to monitor market risk exposure, produce reports for senior governance forums, and contribute to metrics, controls, and reporting processes. The role involves supporting the development of risk methods, VaR, DV01, and FX exposure measurement, as well as monitoring counterparty and country risk.

The ideal candidate will have a numerate degree with 1–2 years of market risk experience, strong Excel/VBA skills, and fluent English and

Qualifications

• Bachelor's degree in a numerate discipline plus 1–2 years of market risk or related experience.
• Good knowledge of market risk measurement and reporting; accounting knowledge is a plus.
• Strong hands-on capability in Excel and VBA is essential.
• Well-developed analytical judgement and problem-solving skills.
• High-quality written and verbal communication in English and Mandarin.
• Understanding of wholesale banking, rates, FX and lending, and how they are valued.
• Awareness of UK prudential regulatory framework and capital management is desirable.

Responsibilities

• Produce accurate market risk calculations and reports for senior management and stakeholders.
• Monitor daily risk limits, investigate exceptions and retain supporting records.
• Support enhancement of risk infrastructure, reporting and related change initiatives.
• Review business plans from a risk perspective and ensure appropriate limits.
• Develop methods to assess exposure, including VaR, DV01 and FX exposure.
• Track counterparty and country risk, perform stress testing and qualitative risk assessments.
• Engage with functions on market/risk topics and implement policies.

Skills

Analytical thinking

Communication

Problem solving

Prioritisation

Education

Bachelor's degree in numerate discipline

Tools

Excel VBA

Job description

Harvey Nash IT Recruitment UK is seeking a Market Risk Analyst to monitor market risk exposure, produce reports for senior governance forums, and contribute to metrics, controls, and reporting processes. The role involves supporting the development of risk methods, VaR, DV01, and FX exposure measurement, as well as monitoring counterparty and country risk.

The ideal candidate will have a numerate degree with 1–2 years of market risk experience, strong Excel/VBA skills, and fluent English and