Sustainability jobs in United Kingdom

LCH's ForexClear division is looking for a Risk Analyst to support the day-to-day risk management of our OTC foreign exchange clearing service. The role focuses on monitoring exposures, supporting margin and stress-testing processes, and contributing to default management readiness. This is a technical and collaborative position that will work closely with internal teams, clearing members, and market participants.

The successful candidate will also have opportunities to lead new product risk assessments and write process improvements, contributing to the ongoing development of risk capabilities at ForexClear!

• Monitor daily risk exposures and produce regular reports highlighting material risk drivers.
• Perform end-of-day exposure assessments, including pre-close checks and margin impact analysis.
• Validate data inputs and pricing models used in risk calculations and margin processes.
• Support the review and back-testing of risk models to ensure alignment with market behavior.
• Ensure consistent application of risk policies and contribute to periodic reviews of risk processes.

• Maintain and update stress-testing scenarios to reflect relevant market risks.
• Evaluate the impact of market stress on member exposures and assess Default Fund adequacy.
• Ensure inclusion of new products and scenarios within the stress-testing framework, as appropriate.

• Assist with the execution of default management drills and contribute to post-event analysis.
• Support interactions with clearing members involved in the Default Management Group (DMG).
• Ensure that appropriate procedures are in place to handle a member default optimally.
• Facilitate trade capture during simulation exercises and coordinate with operations teams.

• Help define risk requirements for new product initiatives and system enhancements.
• Contribute to the specification and testing of risk processes, reporting tools, and control mechanisms.
• Assist in assessing the risk implications of clearing new contracts and onboarding new members.
• Prior experience in a financial institution, preferably within a central counterparty, investment bank, or broker.
• Familiarity with FX derivatives and/or interest rate products such as swaps, repos, and futures.
• Solid understanding of risk concepts, stress testing, and margining principles.
• Proficiency in using risk systems and data tools; experience with Murex (preferred).
• Strong analytical skills and attention to detail.
• Good communication and collaboration skills.
• Degree or equivalent experience in a quantitative or finance-related subject area (e.g., Mathematics, Economics, Finance).
• Exposure to programming or automation tools (e.g., Excel VBA, Python).
• Understanding of central clearing frameworks and risk standards.

This role provides exposure to a wide range of risk activities and offers practical experience with cleared products in a regulated market infrastructure. The successful candidate will work closely with expert risk professionals and traders, gaining insight into the day-to-day risk management of a global clearing service. There will be opportunities to chip in to system improvements, new product initiatives, and operational improvements as the service evolves.

Working with us means that you will be part of a dynamic organisation of 25,000 people across 65 countries. However, we will value your individuality and enable you to bring your true self to work so you can help enrich our diverse workforce. You will be part of a collaborative and creative culture where we encourage new ideas and are committed to sustainability across our global business. You will experience the critical role we have in helping to re-engineer the financial ecosystem to support and drive sustainable economic growth. Together, we are aiming to achieve this growth by accelerating the just transition to net zero, enabling growth of the green economy and creating inclusive economic opportunity.

LSEG offers a range of tailored benefits and support, including healthcare, retirement planning, paid volunteering days and wellbeing initiatives.