P&L and Risk – Credit Product Control recruitment
You will be joining a team responsible for the daily Risk and PL production and verification for the complex Credit Correlation Business operating with a portfolio of 800 bespoke structures.
This is an unique and exciting opening in the market for the right candidate to gain exposure to a range of complex credit correlation products. You will need to be forward thinking and used to a fast pace environment as you will be expected to make significant contributions within the team. You must be proactive in your approach as you will be dealing with a demanding and knowledgeable trading desk.
Responsibilities of the role include:
Main responsibilities include:
• Daily production of the PL and verification through detailed analysis of new deals
• Daily production and analysis of risk sensitivities
• Configuration of the Exotic Trade its pricing and risk dictionaries into the Risk and PL calculation engines.
• Calculation of the closeout reserves using a risk based approach.
• Adhoc projects relating to system, process and infrastructure enhancements. .
• Continuous development and maintenance of a strong control framework surrounding the risk and PL process
• Liaison and collaboration with Trading, Trade Capture and Finance, Market Risk Management and Business Management
You must be ACA qualified or equivalent with a degree in a relevant field. You must also have a background in Product Control or Risk with a working knowledge of exotic derivatives.