Market Risk Analyst

Matlen Silver; New Jersey; Hybrid; USD 83,000 - 96,000; Full time

Job summary

Matlen Silver is seeking a candidate for an 18-month contract located in Jersey City, NJ. Hybrid work: 3 days onsite weekly; relocation not offered. Local candidates only.

The role demands strong Market Risk expertise, VaR analysis, and experience with Trading Book vs Banking Book, FRTB, and investment/financial reporting. Proficiency in SQL, Excel, and analytics is essential. Three rounds of interviews are planned.

Qualifications

• Strong Market Risk experience with VaR analysis.
• Experience with Trading Book vs Banking Book concepts.
• FRTB knowledge or exposure.
• Investment/financial reporting experience beyond compliance.
• Strong SQL, Excel, and data/reporting skills.
• BA in reporting space with data analytics skills.

Responsibilities

• Collaborate with business users and SMEs to gather data requirements and ensure data quality.
• Source data from multiple systems, transform and prepare it for analysis.
• Analyze data to identify trends and patterns for risk reporting.
• Develop and maintain dashboards/reports using Alteryx or BI tools to aid decisions.
• Troubleshoot data issues and coordinate data projects with IT and stakeholders.
• Communicate technical insights effectively to non-technical audiences.
• Provide ad-hoc data analysis and support to finance and risk teams.

Skills

Market Risk

VaR analysis

Trading Book vs Banking Book

FRTB

Data analytics

SQL

Excel

Dashboard reporting

Python

Education

Bachelor's in Data Analytics/Finance

Tools

Alteryx

Tableau

Power BI

SQL

Excel

Python

Job description

** Will consider relocation if you have this skillset!

Duration: 18 month contract

Location: Hybrid - 3 days a week onsite - Jersey City NJ

• We are only looking for local candidates. We are not open to relocation.

Par rate: $60-70/hour W2

• Not available C2C or 1099
• Unfortunately, we cannot sponsor.

****3 rounds of interview****

Strong Market Risk experience with hands-on VaR analysis

Trading experience with knowledge of Trading Book vs. Banking Book

FRTB experience

Investment/financial reporting experience — not just compliance/KYC reporting

Strong SQL, Excel, and data/reporting experience

BA in reporting space with good data analytics skills:

• Work with business users, SMEs, and other stakeholders to understand data requirements, gather feedback, and ensure data quality.
• Gather data from various sources, ensuring accuracy and relevancy. Clean, transform, and prepare data for analysis.
• Analyze data from various sources to identify trends and patterns.
• Develop and maintain reports and dashboards using Alteryx or other tools (e.g., Tableau, Power BI) to visualize data and support business decision-making.
• Identify and resolve data-related issues and challenges.
• Collaborate with IT and other departments to troubleshoot technical issues and coordinate data projects.
• Ability to effectively communicate technical information to both technical and non-technical audience.
• Provide ad-hoc data analysis and support to business functions as needed.
• Proficiency in Alteryx, SQL, and other relevant data tools and technologies.
• Python knowledge.
• Strong analytical and problem-solving skills.
• Prior experience and understanding of Enterprise Market Risk/ Finance systems would be beneficial & preferred.