Market Risk Control Analyst - London - Financial Services

MARKET RISK CONTROL ANALYST - LONDON - FINANCIAL SERVICES

THE ROLE HOLDER SHOULD:

- Ensure that accurate risk is reported against all limits set in the trader mandates.
- Maintain strong internal controls and a well controlled reporting environment.
- Work with other team members globally to report global risk numbers.
- Work closely with Market Risk Managers to provide analysis and support.
- Implement additional risk reporting and analysis in conjunction with Market Risk Management requirements.
- Ensure that production tasks are offshored where possible in line with strategy.
- Improve efficiency and effectiveness of controls to ensure that operational risk is minimized.
- Provide commentary and analysis on Regulatory Capital Charge inputs, including Stressed VaR and PRA requests

ESSENTIAL:

- Candidate will be expected to have a strong understanding of Market Risk and a good understanding of the Market Risk Management and Control function and its role within the wider Group Risk context.
- An understanding of the Credit and Structured Credit Products, VaR, IRC, Stress Testing and the accounting context is required.
- Candidate will be expected to be able to build ad-hoc queries using MS Access in order to extract and analyze data. They should also be able to design and build reports using MS Excel and VBA to a sufficiently professional standard.
- Candidate will have strong IT skills, (VBA, SQL are required)
- Product Knowledge - Credit, Structured Credit, bonds, CDS etc