Enterprise Market Risk Analyst recruitment
PRIMARY RESPONSIBILITIES
• Responsible for ensuring that all market risk in European businesses of RBCEL and RBC London Branch are monitored and reported.
• Updating and validating market stress tests
• Prepare reports to Risk Committees and Board of Directors – statistics and interpretation.
• Ensure that risk profile of RBCEL is fully understood with respect to risk metrics such as book size, risk sensitivities, Value at Risk, and Stress Testing.
• Review daily pl’s – actual and theoretic – validate against known market risk profile and value at risk (backtesting)
• Pro-actively seek to improve process efficiencies, primarily within Enterprise Risk Management.
• Ensure that enterprise risk captures the impact of new business initiatives appropriately.
• ICAAP deliverables for Market Risk
• Ensuring Limits are consistent with Risk Appetite.
• Promote methodolgies for Market Risk Economic Capital and Stress Testing.
• Involvement in Risk IT led infrastucture development, including development of Enterprise Risk systems.
• Ensure enterprise risk methodologies are incorporated and communicated to appropriate stakeholders within London, if assessed as appropriate.
• Ad-hoc projects
COMPETENCIES Behavioural
• Promote an enviroment of continuous learning and development.
• Builds strong working relationships with colleagues to leverage knowledge and expertise
• Can find pragmatic solutions to difficult problems.
• Able to work under pressure against unmovable deadlines
• Team player.
• Attention to detail
Technical
• Good technical understanding of market risk methodologies such as Value at Risk, stress testing, derivative counterparty risk exposure.
EDUCATION /OR EXPERIENCERequired
• Quantitative and/or Economics degree
• Good understanding of fixed income products and markets –quantitative aspects and market practices
• Full understanding of value at risk and stress testing
• Strong IT skills