Market Risk Analyst (Derivatives) recruitment
The successful candidate will:
-Conduct in depth, granular review, validation and proposal of model parameters for VaR margin parameters, stress tests and potentially collateral management functions.
-Defining business requirements and clear specifications for VaR model upgrades and enhancements.
-Specification and setting IT requirement for implementing new model features.
-Assist and consult product development integrating new features into VaR, SPAN and intraday risk systems.
-Contribute strongly to “hands-on” and ad-hoc requests for development and solutions in time-critical situations.
-Documentation and presentation of risk models for members, regulators, risk committees and boards
You will be educated to a degree level in a numerate discipline (engineering, science, math, or quantitative finance) It will be advantageous you to also have a masters degree in either financial engineering, mathematical finance or similar.
You will also have 2 years experiences within a market risk function in a clearing house or bank and also a proven record applying or implementing models used in risk management.
You will be a team player who is confident in working under pressure with a diverse team – operating in several time zones to tight deadlines.
You must have very strong Access skills, preferably have SQL experience with experience in energy markets.
It is essential for you to have good communication in spoken and written English.