Senior Market Risk Analyst (M/F)

Fórum Selecção; Porto; Hybrid; EUR 70,000 - 90,000; Part time

Benefits offered by this job

Hybrid work arrangement

Job summary

Fórum Selecção in Porto seeks a Senior Market Risk Analyst for a Corporate Bank. You will produce and report risk indicators, consolidate metrics, and certify intraday limits across global branches.

The role covers P&Ls, VaR and back testing, dashboards for senior management, and regulatory risk reporting. Hybrid schedule with Porto location and a 6-month project timeline.

Qualifications

• Degree in Finance, Economics, Engineering or Mathematics.
• At least 3 years’ experience in FI/Equity/Credit/FX with derivatives.
• Knowledge of SQL, Excel, VBA, Python.
• Analytical skills and attention to detail.
• Fluent English and French language skills.

Responsibilities

• Producing and reporting quantitative risk indicators (sensitivities, VaR, P&L etc.).
• Consolidating risk indicators for risk mandate production.
• Controlling, analysing and certifying indicators as intraday limits are tested.
• Producing and controlling the P&Ls (economic, actual, hypothetical) and P&L explanations.
• Producing and controlling client contributions and reporting economic P&L to departments.

Skills

SQL

Excel

VBA

Python

Analytical skills

Communication

Change management

English fluency

French knowledge

Education

Degree in Finance, Economics, Engineering or Mathematics

Job description

Fórum Selecção is looking for a Senior Market Risk Analyst (M/F) for a Corporate Bank (Porto).

Main tasks and goals:

• Producing and reporting of quantitative Risk indicators such as sensitivities, Specific Stress-Tests, Global Stress-Tests, Reverse Stress-Tests, VaR, sVaR and IRC;
• Consolidating Risk indicators for Risk Mandate production;
• Controlling, analysing, and certifying all the indicators mentioned above, as intraday moves in respect of the corresponding set of limits;
• Producing of P&Ls such as economic P&L, actual P&L, hypothetical P&L, P&L Explain, Risk Theoretical P&L, Accrued;
• Producing and controlling the Client Contribution;
• Reporting of the economic P&L to the relevant departments and stakeholders;
• Certifying the daily economic P&L and ensure its audit trail, certifying the actual, hypothetical and risk theoretical daily P&Ls, analysing and explaining the daily/weekly P&Ls variations;
• Producing and analysis of RIM and RIM Back Testing components;
• Consolidating Risk Reports sent by international branches (NY, UK, APAC) and advising them when necessary;
• Computing the market risk reserves and reporting their variation and level, monthly;
• Computing on a quarterly basis the Prudent Value Adjustment on Market Price Uncertainty, Close-Out-Costs, Some Model Risk Components such as Mean Reversion, Unearned Credit Spreads and Investing and Funding Costs;
• Analysis and controlling limit consumptions on P&L and risk metrics;
• Producing dashboards for Senior Management;
• Consolidating all Risk Reports and consolidated desks levels;
• Preparing the relevant portion of support document for the Market Risk Committees;
• Production of VaR Back testing components and exception reporting;
• Communicating with BLs and RM in case of limits breaches and loss alerts;
• Maintaining up to date referential mapping (e.g. Homologated books / non-homologated books);
• Consistency checks between day-to-day processes and the controls/referential;
• Producing Regulatory Risk reports (ACPR, JST,...) on a quarterly basis;

Profile and skills we look for:

• Degree in Finance, Economics, Engineering, Mathematics;
• A minimum of 3 years’ experience in FI and /or Equity and/or Credit and/or FX. Previous experience dealing with derivatives products;
• Knowledges of SQL, Excel, VBA, Python;
• Analytical skills and attention to detail;
• Effective communicator across all levels of organization;
• Ability to enforce positive change;
• Fluent English and good knowledge ofFrench, both written and verbal;

Project timing: 6 months (could be renewed).

• Schedule between 9.00 am and 6.00 pm (Hybrid)
• Location: Porto

Regime de trabalho híbrido.