Market Risk – Credit Products recruitment
At VP level, responsibilities will include:
Working with senior risk managers to develop/enhance risk tools to facilitate the analysis, monitoring and control of market risks for the credit businesses.
Ad-hoc market trend and risk analysis. Ability to relate market events to risk positions and analyse risk accordingly.
Monitoring of risk positions against market risk limits, (both VaR and non VaR limits
Perform quantitative and qualitative analysis of risk positions of the trading desk.
Work with IT and the reporting functions to ensure that risk information and feed data is robust, timely and accurate.
Determination of the daily risk position, ensuring completeness in capturing all risk positions on the desk.
Streamline existing processes
Understand and explain drivers of VaR and ensure completeness.
The ideal candidate will be able to demonstrate prior experience of working closely with Senior Risk managers and Front Office teams to enhance and develop risk reports and tools for monitoring risk for the credit business.
The holder will be fully adept with the methodologies of Market Risk, and be able to perform ad hoc market trend and risk analysis as required, demonstrating an ability to relate market events to risk positions and understand the drivers of VaR. The ideal candidate will have a degree in a quantitative subject, and will have a technical skill set to include VBA, SQL and advanced Excel, as well as strong knowledge of a Credit trading business.