Market Risk Intern recruitment

JOB DESCRIPTION

DEPARTMENT: Market Risk Portfolio Analysis

JOB TITLE: Intern, UK

CORPORATE TITLE: Intern

EFFECTIVE DATE: June 2012

TASKS AND RESPONSIBILITIES:

Tasks:
• Maintaining and renewing existing limits and limit applications. Responsibilities include evaluating credit and transaction risk profile by performing detailed credit analysis. Accomplishing financial analysis of various types of counterparties (Bank, Brokers, Asset Managers, etc).
• Presenting credit applications to the UK credit committee.
• Occasional ad-hoc need for monitoring daily reports and analysing limit breaches and other problems.

Responsibilities:
• The product scope encompasses futures, options, OTC cash FX, SWAPS, fixed income securities, equities, securities financing and cash management products, plus any additional products or services that Newedge may offer.
• Reporting exposures identified from daily reporting to senior management.

SUPERVISION DUTIES:

N/A
SKILLS AND EXPERIENCE NEEDED:

Skills:
• Basic knowledge of financial markets.
• Knowledge of Excel and other MS Office systems
• Accuracy and attention to detail is an essential requirement.
• Delegate to be comfortable in working with numbers.
• Excellent communicator: role requires interaction with various internal departments.
• Excellent organisational skills are required to effectively accommodate workflows and manage priorities.
• Project management skills: Ability to take responsibility for a project and see through to completion and manage ad-hoc projects.
• Time management: Balancing daily duties with general responsibilities and ensuring timely preparation of reports.
• Team player flexible attitude: this role has a strong bias to credit analysis but also required switching to exposure monitoring and ad-hoc projects.
• Languages - Fluent English essential.

Experience:
Technical/Systems knowledge: To have a good working knowledge of
• MS Excel (VB/macro skills preferred but not required)
• MS Word

REQUIRED REGISTRATIONS:
CF(xx), SERIES X etc

POSITION WITHIN HIERARCHY:
Reports to UK Head of Market Risk and Portfolio Analysis