Market Risk Monitoring Process Analyst/CCP

Market Risk Monitoring Process Analyst/CCP

A global financial exchange, specialising in clearing, are currently looking for a Market Risk Monitoring Process Analyst. The Market Risk Monitoring Process Analyst will analyse and further define the processes and business requirements required by the CCP in order to monitor market risk in respect of: Exchange Traded Derivative positions within the CCP and Collateral positions held to in respect of exposures incurred from the Exchange Traded Derivative position. The Market Risk Monitoring Process Analyst will also focus on Treasury Investment portfolio; additionally to calculate and monitor market risk in respect of concentrations and wrong way risk individually in the above portfolio types and between the above portfolio types.

The Market Risk Monitoring Process Analyst will identify any areas in which current policies and documented high level requirements and processes may be enhanced to reflect best market practice. The Market Risk Monitoring Process Analyst will be expected to:
- Present to the business any areas of enhancement to the policies or business processes;
- To refine and document the business requirements, ensuring that these are in line with current policies and agreed scope, identifying any high priority differences;
- To assist the system providers understand the business requirements;
- To refine and document the business processes and procedures;
- To ensure the business requirements and processes support the objectives of the CCP policy;
- To ensure that any relevant methodologies are documented to a high standard;
- To identify relevant data sources to support the business requirements and processes;
- To assist in the production and review of test cases.

Essential Skills:
- At least 5 years experience in process modelling and requirements and methodologies documentation.
- Demonstrable experience of large system and process implementations.
- Detailed understanding and experience of implementing future exposure models and methodologies.
- Detailed understanding and experience of concentration and wrong way risk identification and quantification methodologies .
- 5 years risk experience either in a CCP or major financial institution in running daily monitoring programmes to identify, quantify and where necessary mitigate and escalate market risks.

This is a great contract opportunity for a Market Risk Monitoring Process Analyst. For more details and a full spec please apply.

(Market Risk/CCP/Process Analyst/Risk/Modelling/Clearing/Derivatives)