Assistant VP – Market Risk Operations, Risk Management recruitment

Overview:
* You will provide analysis of daily Value at Risk (VaR) sensitivity movements at the Daily Global Market Risk call also lead / support business-specific change initiatives in one or more of the risk asset classes (Equities / FX / Credit / Commodities / Interest Rates)

Key Responsibilities:
* Relationship Management in the Market Risk Operations function responsible for the review analysis of Market Risk exposures of the Corporate Investment Banking trading units.
* Calculation, analysis and reporting of VaR and market risk sensitivities (delta, gamma, vega, theta etc) for bank-wide trading activities
* Liaison with Market Risk Managers, Trading desks, Finance to validate explain material risk moves in daily VaR sensitivities
* Management of critical back testing control process, involving daily comparison of calculated VaR to PnL across all business lines
* Calculation, analysis reporting of market risk stress tests and economic capital
* Implementation VaR methodology projects in partnership with Market Risk Managers, Risk Analysis Instruments (RAI), and the Business
* Compilation of historical market data time series to support VaR calculation process
* The function is centred in London, supported by client facing teams in New York, Singapore, Tokyo Sydney. Additional support is provided by dedicated Risk Production and Market Data teams based in India.

You will have:
* Numerate degree or equivalent in Maths / Economics / Physics or related subject
* Experience in a market risk environment and/or proven experience in a Risk Control function
* Some management experience (preferred)
* Strong problem solving and communication skills, patience and attention to detail
* Strong Microsoft skills in both Excel (ideally Visual Basic) PowerPoint
* A strategic mindset to problem solving / issue resolution

You will be:
* A highly motivated, analytical self-starter committed to getting the job done
* Willing to question peers / management to improve understanding.