Risk Analyst

Intercontinental Exchange Holdings, Inc.; City Of London; On-site; GBP 45,000 - 75,000; Full time

Job summary

ICE Clear Europe is seeking a Risk Analyst to support the Clearing Risk Department. You will assist senior risk managers in shaping risk practice across multiple asset classes, developing enhancements to models, tools and processes.

You will conduct quantitative analysis, maintain risk reports, and collaborate with risk committees and management to ensure policy adherence and robust risk governance.

Qualifications

• Degree in Mathematics, Engineering, Finance or other equivalent degrees.
• Knowledge of financial derivatives products across asset classes is preferred.
• Experience with risk models and tools such as VaR, liquidity risk, backtesting and stress testing is advantageous.
• Strong written and verbal communication skills and ability to collaborate in a team.

Responsibilities

• Conduct mathematical/statistical analysis to calibrate and enhance risk models.
• Ensure the risk management framework and risk policies comply with regulatory and industry standards.
• Assist with identifying areas to improve risk models, processes, or infrastructure.
• Enhance documentation of risk processes, procedures and models.
• Assist with communication with clearing members, risk committees and senior management.
• Build and maintain risk management reports for ICE Clear Europe boards and committees.
• Monitor model performance tests and validate policy adherence.
• Collaborate on policy and methodology development.
• Conduct project work and market research on relevant risk topics.

Skills

SQL

Python

Mathematics

Finance

Attention to detail

Communication skills

Risk management

Education

Degree in Mathematics/Engineering/Finance

Job description

Job Description

ICE Clear Europe's Clearing Risk Department ("CRD") is looking for a 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 intern 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