Market Risk Analyst (1935)

Responsibilities

• Execute daily risk control process and risk reports; working alongside with traders, operators and IT to manage market risk.
• Ensure daily data integrity, validate positions and reconcile data inconsistencies with traders.
• Monitor and report daily price exposure, mark-to-market and P&L to management for designated book.
• Coordinate with the risk management team to ensure alignment with regulatory mandates and internal protocols.
• Contribute to the development and upkeep of risk management models and tools tailored for market risk evaluation.
• Collaborate on ad-hoc projects and tasks under the direction of senior analysts, fostering continuous improvement in market risk management practices.
• Monitor market trends and analyze data to detect potential risks within trading settings.
• Explore innovative approaches to analyze market data, identify emerging risks, and enhance risk management strategies.
• Engage in discussions to furnish insights into market risk factors and their potential effects on trading operations.
• Support the implementation of risk mitigation strategies to curtail potential losses.
• Contribute to the development and enhancement of market risk models, including VaR models, stress testing frameworks, and scenario analysis tools.
• Collaborate with quantitative analysts to refine model assumptions, validate model outputs, and ensure accuracy in risk measurement.
• Execute stress testing and scrutinize exposure limits under senior guidance for accurate risk assessment.
• Aid in crafting reports detailing market risk metrics like VaR and scenario analysis.

Requirements

• Education and Skills (Required, Preferred)
• Bachelor's degree in finance, economics, mathematics, engineering or a related field.
• Proficiency in Microsoft Excel and other relevant analytical tools.
• Strong numerical and analytical skills.
• Excellent written and verbal communication skills.
• Excellent problem-solving skills and the ability to think critically under pressure.
• Preferred: Proficiency in advanced analytical tools such as Python, R, or MATLAB.
• Strong understanding of financial derivatives and their application in risk management.
• Experience and Knowledge (Required, Preferred)
• Minimum 5 years of experience in a related field.
• Ability to work with financial data and perform quantitative analysis.
• Familiarity with risk management concepts and methodologies.
• Basic understanding of financial markets and trading strategies.
• Preferred: Experience in quantitative finance, risk management, or related fields.
• Proven track record in developing and implementing risk models and methodologies.
• Familiarity with advanced statistical techniques and machine learning algorithms for risk analysis.
• Abilities and Specific Requirements (Required, Preferred)
• Ability to work independently and collaboratively in a fast-paced environment.
• Strong problem-solving skills and critical thinking ability.
• Capacity to prioritize tasks and manage time effectively.
• Adherence to strict confidentiality and ethical standards in handling sensitive financial information.
• Preferred: Demonstrated ability to adapt to evolving market conditions and regulatory requirements.
• Strong interpersonal skills for effective collaboration with colleagues and stakeholders.