Model Monitoring recruitment
This role will work closely with other members of the team to develop and improve the existing backtesting of the portfolio. Major functions of the role are::
- Working with partners in Derivatives Counterparty Exposure Management (DCEM), Quantitative Analytics (QA) and IT to redesign and implement a new backtesting reporting process that will be fit for transition into Basel III.
- Identify and fix data quality issues
- Agree with stakeholders and implement a Basel III compliant template for presenting the results at key governance committees.
- Any other tasks as required in support of CRR Basel III projects.
- Working on systems developments/enhancements to meet users requirements
- Trading products exposure profile analysis
- Co-ordination of UAT's associated with the above initiatives including consolidating user issues.
- Investigation of problems in the process to identify and rectify issue.
Person Requirements
- Masters in mathematical finance, financial engineering, or equivalent
Experience required:
Essential
- Good working understanding of the main derivative products and credit exposure methodologies.
- Understanding and adhering to relevant regulatory and internal governance requirements
Preferred
- Experience working in a top tier investment bank in a similar role
- Prior experience in Market Risk
- Ability to carry out general analysis of EEPE and PFE
- Managing teams and senior stakeholder relationships,
- Working on IT projects to document requirement and oversee user testing.
Skills and Knowledge:
- VBA and XML
- Previous Derivatives product control experience
- Excellent team management skills.
In addition, a keen understanding of business issues and a demonstrated skill in working with diverse stakeholders is key.
Finance Professionals is part of Hydrogen Group.
August 26, 2012
• Tags: Model Monitoring recruitment, Risk Management careers in the UK • Posted in: Financial