Market Risk Analyst

Crisil Integral IQ; Kraków; Hybrid; PLN 120,000 - 180,000; Full time

Benefits offered by this job

Medicover health insurance

Multisport membership

Group insurance

Employee referral program

Education reimbursement policy

Career development opportunities

Job summary

Crisil Integral IQ is seeking a highly analytical Market Risk Analyst to join our team in Kraków under a hybrid work model.

You will develop VaR models, assess market risk, monitor positions, and prepare reports for senior management while collaborating with risk managers, IT, and business analysts.

Qualifications

• 2+ years of relevant experience in banking e.g. Risk, Product Control, Front Office, Middle Office,
• Understanding of the Risk function and Risk reporting, VaR and risk sensitivities analysis. Preferably for the Fixed Income asset class,
• Understanding of FRTB,
• Excellent data analysis and problem solving skills,
• Advanced knowledge of Microsoft Office is a must,
• Highly organized and ability to work in solo and as a team,
• Open personality and effective communication skills, ability and flexibility to work in an international team.

Responsibilities

• Value at Risk (VaR) Calculation: Develop, implement, and maintain models to calculate VaR for various trading portfolios, ensuring accuracy and reliability.
• Risk Assessment: Analyze and assess the risk associated with trading activities, focusing on market risk and its impact on VaR.
• Monitoring and Reporting: Continuously monitor trading positions and market conditions, and prepare regular VaR reports for senior management.
• Cooperating with multiple stakeholders including Market Risk Managers, Traded Risk Analysts, IT Support, Business Analysts and Project Managers.
• Building efficient controls, reports and tools to help maintain and analyse Traded Risk data.

Skills

VaR analysis

Risk reporting

Data analysis

MS Excel

Communication

Team collaboration

International teamwork

Job description

Crisil Integral IQ delivers solutions and analytics to top financial institutions, driving strategic transformation, risk optimization, and operational excellence. Our offerings across research, risk, lending, analytics and operations have empowered clients to navigate complex markets, mitigate risks, and unlock new opportunities. Our domain expertise, innovative solutions, and future-ready technologies such as AI and data science give clients the confidence to accelerate growth and achieve sustainable competitive advantage. Our globally diverse workforce operates in the Americas, Asia-Pacific, Europe, Australia and the Middle East.

We are seeking a highly analytical and experienced Market Risk Analyst.

Please be informed that the role is hybrid - we expect 2 working days in a month from the office in Krakow.

Key responsibilities:

• Value at Risk (VaR) Calculation: Develop, implement, and maintain models to calculate VaR for various trading portfolios, ensuring accuracy and reliability.
• Risk Assessment: Analyze and assess the risk associated with trading activities, focusing on market risk and its impact on VaR.
• Monitoring and Reporting: Continuously monitor trading positions and market conditions, and prepare regular VaR reports for senior management.
• Cooperating with multiple stakeholders including Market Risk Managers, Traded Risk Analysts, IT Support, Business Analysts and Project Managers.
• Building efficient controls, reports and tools to help maintain and analyse Traded Risk data.

Skills requirements:

• 2+ years of relevant experience in banking e.g. Risk, Product Control, Front Office, Middle Office,
• Understanding of the Risk function and Risk reporting, VaR and risk sensitivities analysis. Preferably for the Fixed Income asset class,
• Understanding of FRTB,
• Excellent data analysis and problem solving skills,
• Advanced knowledge of Microsoft Office is a must,
• Highly organized and ability to work in solo and as a team,
• Open personality and effective communication skills, ability and flexibility to work in an international team.

Our offer:

• Stable Employment in an International Company: Be part of a globally recognized organization that values stability and growth.
• Secure Employment Contract: Enjoy the peace of mind that comes with a solid employment contract.
• Flexible Hybrid Work Model: Experience the best of both worlds with our hybrid work model, allowing you to work from the office just twice a month and enjoy the flexibility of remote work the rest of the time.
• Comprehensive Benefits Package: Take advantage of our extensive benefits, including Medicover health insurance, Multisport membership, and group insurance to keep you and your family protected.
• Employee Referral Program: Help us grow our team and get rewarded through our Employee Referral Program.
• Education Reimbursement Policy: Invest in your future with our education reimbursement policy, supporting your continuous learning and professional development,
• Career Development Opportunities: Explore numerous internal and external opportunities to advance your career within the Finance Domain. We are committed to your growth and success.