Market Risk Data Sourcing Analyst Contractor (8 months) recruitment
Job Description
ROLE SUMMARY:
Basel 3 Banking and Financial Institutions Risk Data sourcing Business Analyst
Specific deliverables of the role:
- sourcing required risk sensitivities and static data utilising strategic and tactical data sources of CS
- delivery to current Risk Data Collation architecture used globally within CS
- design and delivery of specified reporting extract to Finance and Reporting
THE ROLE INVOLVES:
The primary focus of the role includes the analysis, specification, design and implementation of daily market risk feeds impacted by the Basel 3 initiative. This role’s main focus is to coordinate and test the migration of risks calculated on spreadsheets into strategic risk systems.
The other primary focus is the design and test the development of a strategic extract to Financial Accounting of the required data for Reporting and Capital requirements.
The key elements of these projects include planning, assessment of completeness and accuracy of the data, specification of feeds, processing and testing.
The role involves understanding the various processes to generate the risk numbers retrieved by various risk feeds. This will involve evaluation and analysis of market risk exposures by employing statistical and other approaches.
This role will work closely with the Business, Front Office IT, Risk IT, Controllers, Operations and counterparts in other regions
Division/Department Overview
MIRA: Market Risk Infrastructure Reporting and Analysis
- Manage and enhance integrity of market risk data and completeness
- Manage efficient allocation of Risk IT resources and systems releases
Qualifications
TO QUALIFY, YOU MUST POSSESS:
- Graduate candidate
- Very strong control and analysis skills.
- Good understanding of market risk methodologies, VAR etc..
- Knowledge of financial markets.
- Fluency in English, Excellent written and oral communication skills.
- Strong spreadsheet and database skills.
- Good working knowledge of financial products including pricing.
- An understanding of some of the more common financial products (e.g. Forex trades, futures, options, swaps, credit derivatives).