Market Risk Engineering – Credit recruitment
Main Function
- Production of daily risk reports that are sent to front office market risk managers, trading desks, senior management for traded credit business.
- Ensuring completeness of risk reporting. Building and maintaining relationships across the bank to maintain risk reporting completeness and accuracy (and produce MI around exceptions)
- VaR production i.e. generating the VaR numbers on a daily basis and liaising with the Front office Market Risk team (who sit with the traders), to obtain signoffs on the daily VaR numbers, on a timely basis. This includes managing VaR controls, exceptions and limits monitoring.
- Building and running data quality checks around the in-house credit products position reporting system
- Managing relationships with other operations teams that are responsible for maintaining data (time series, ratings, issuer information, book information etc) and with IT teams who are responsible for sending the position and risk feeds to the position reporting system and to the VaR production system.
Person Requirements
Qualification/education
Required- Degree (or equivalent)
Preferred- Post Graduate or Professional Qualification in a numerate subject/finance degree
Experience
- Traded credit risk management/ reporting experience
- Prior experience in market risk/risk reporting/data validation/VBA SQL
Skills/Aptitude
- Ability to communicate effectively
- Self-motivated, takes ownership of responsibilities assigned to him/her and is able to guide more junior members of the team.
- Must have Advanced Excel/VBA skills and preferably SQL skills to build tools that will help in carrying out the responsibilities in this role
- Co-ordination ability to work with various teams in the bank and get results
Finance Professionals is part of Hydrogen Group.
