Risk Analytics recruitment
My client is a leading investment bank with offices spanning the globe. Glasgow has become an operational centre of excellence, while the company offers excellent opportunities for those who wish to explore working in non-domestic locations.
A recruitment drive within a highly visible team (Credit Risk Reporting) in the bank has created a number of opportunities for experienced analysts, associates, team leaders and managers. The build out of this team is further evidence of investment in the Glasgow campus as it strives to offer a best-on-the-street solution. Within the organisation the development of a n innovative risk model has removed the line between market and credit risk, and consequently they are seeking professionals who are currently excelling in either credit or market risk roles. The team offers exposure to a vast book of products within all asset classes in the bank. These roles are closely aligned to the Front Office; the team will have responsibility for both the creation of reports, and the analysis and explanation of them working closely with partners in revenue generating streams of the Bank.
These diverse roles will evolve as the roles and incumbents are bedded in, however core responsibilities will include:
- Analysing and explaining moves in key risk metrics whether market move, portfolio change or data/system error
- Performing root cause analysis and identify resolution plans and owners for all errors
- Identify and resolve data gaps: market, static, reference, trade.
- The design and implementation of controls to ensure issue identification and resolution
- Enhancement of the control environment
- Management of information and analysis for senior stakeholders in the front office
These roles offer a rare opportunity in the Glasgow market to develop financial expertise within the Investment Banking industry. This knowledge once gained will provide the springboard to greater opportunity within the bank, and possible future opportunities may include front office, exposure management and risk management.
Ideally degree educated in a quantitative subject, you will be an experienced Market Risk or Credit Risk professional, with exceptionally strong technical skills. You may be working with CE to PFE, via EE and EPE. You may have an understanding of Basel 2 policies, with an interest in Basel 3 concepts. Candidates without the above but who are advanced users of Excel and Access, and with advanced practical knowledge of VBA will also be considered (particularly graduates or Analysts). Candidates with advanced practical use of SQL and SAS are also invited to apply.
