Alexander Black Recruitment is urgently looking for a Risk Implementation Consultant to join our high profile client.

Our client assists financial services institutions worldwide in measuring and controlling risk through professional services and enterprise risk management framework.  They address the complex issues surrounding risk management specifically several which were highlighted during the economic downturn with the collapse of institutions such as Lehman Brothers.  They are now part of one of the biggest risk providers worldwide. They have offices in NY, Canada, Asia and Europe.

The primary function of the role will be to configure and implement a risk application on client site ensuring clients achieve the best results from it.

The candidate will work closely with the client project team in areas such as setup of market data (including zero curves, probability curves, correlation matrices, dividend curves, etc.) and the underlying financial instruments that drive the generation of those curves. This will often include the setup of pricing parameters and trade capture options that drive the valuation of trades based on the market data, and the configuration of rules-based scenarios for capturing market and credit risk.

The role has a large focus on IR, Fixed Income, Equity, Credit and FX with a special interest in instrument modeling and portfolio analysis, hence experience in these areas is important.

You will also provide hands on knowledge of bootstrapping algorithms, trade capture systems, Black-Scholes and Monte Carlo simulations.

Candidates must have hands on knowledge of industry standard methodologies and tools such as bootstrapping, algorithms, trade capture and Monte Carlo Simulations.

Candidate must have:

• Degree in Maths Economics, Comp Sci, Finance
• MSc Highly Desirable
• 3 years commercial  credit or market risk experience
• Experience of pre sales or Implementation of risk solutions
• Experience of VAR FI or credit derivs
• Understanding of Risk Systems and Software or a financial engineering background
• Strong understanding of financial economics maths statistics
• SQL
• XML
• Bash Shell Perl or Python (reasonable scripting)

This role suits a strong consultant who is looking for a move to a demanding yet interesting role within the hedge fund and risk market. In return the client offers a considerable salary and excellent progression opportunities. Risk Consultants from and Algorithmics or Numerix would be highly regarded.

My client is based in London

If this sounds of interest then please send your most recent cv to banking@alexanderblackrecruitment.co.uk or call James Holland on 0207 590 3681

Risk, Risk Analysis, VAR, FX, Fixed Income, .NET SQL, C++, Monte Carlo, Credit Risk, Liquidity Risk