Margining Risk Analyst, Investment Banking

STANTON HOUSE IS PLEASED TO BE SUPPORTING ONE OF OUR KEY CLIENTS, A TIER 1 INVESTMENT BANK, AS THEY LOOK TO APPOINT AN EXPERIENCED MARGINING RISK ANALYST TO WORK WITHIN THEIR EXPOSURE MANAGEMENT GROUP, CREATING MARGINING METHODOLOGY AND GOVERNANCE FOR THE CALCULATION OF INITIAL MARGIN FOR UNCLEARED DERIVATIVE PORTFOLIO.

DUTIES WILL INCLUDE:

- Working with a sub-team of Exposure Management Group analysts, focusing on uncleared margining initiative.
- Defining, per client type, margin and collateral haircut methodology.
- Specifying reporting requirements, exception management and ensure proper pre-deal approval process in conjunction with other Risk teams and Front Office Partners.
- Determining and conducting regular backtesting of the margin (and collateral) methodologies.
- Engaging with bank wide working groups and committees.

SUCCESSFUL APPLICANTS WILL NEED:

- Solid understanding of VaR concept, valuation and margining approaches and methodologies.
- Extensive knowledge of MS Office (Excel and VBA in particular).
- Previous experience with margining approaches and methodologies (exchanges, central clearing counterparties - CCP).
- Strong mathematical and statistical background.
- Good analytical skills with the ability to demonstrate flexibility regarding problems solving.
- Excellent written and verbal communication.
- Good team working skills.
- Knowledge of Dodd-Frank and EMIR is preferable.

To find out more information or to be considered for this opportunity, applications will only be considered in the first instance by email.

Please send your CV.

The selection process will incorporate a formal interview, an assessment of the applicant's competencies, as well as obtaining written references from previous clients/employers.