Senior Risk Analyst, SwapClear recruitment
Overview
The Clearing House needs to provide robust and prudent risk management in order to meet its overriding objective: to provide Clearing Members with a central counterparty of the highest quality and to safeguard the interests of the company's shareholders and contributors to its Clearing Funds. The goal of the Risk Management department is to manage the risk appetite of the Company in a manner which:
- Is prudent in risk management terms;
- Is robust operationally;
- Is consistent with its regulatory status and responsibilities;
- Is in line with market best practice;
- Supports the company's development initiatives in clearing new products and markets; and,
- Is aligned with Board expectations and Member demand.
Responsibilities
To work with team, or individually, to design theoretical risk management solution for new products or markets. To work as part of an IT and business project team and take responsibility from a risk perspective while implementing new solutions. To assist in the daily monitoring of a broad range of commodities energy markets and to understand and measure member risks. To streamline procedures and processes ahead of implementation of significant new internal systems. To develop the job, management potential and own capabilities in:
- Daily monitoring of markets and members
- Risk Measurement
- New Market/Product Feasibility
- System Integration
- Client Facing
- EOD/ITD Pricing Procedures
- Pro-active comment
Required skills and experience
- Previous background developing IT solutions from Risk perspective
- Extensive experience of market risk measurement and management
- Practical Excel and VBA knowledge applicable to financial markets
- High quality written and verbal communication
- Strong analytical and problem solving skill set
- Strong understanding of market fundamentals and key driving factors
- Knowledge of general market trading strategies
- Degree-level (or equivalent) education
- Professional qualification
- Membership of an appropriate professional body
- Background in Financial markets
Additional Job Board Text
LCH.Clearnet is the leading independent clearing house group, serving major international exchanges and platforms, as well as a range of OTC markets. It clears a broad range of asset classes including: securities, exchange traded derivatives, energy, freight, interbank interest rate swaps credit derivative swaps, and euro and sterling denominated bonds and repos; and works closely with market participants and exchanges to identify and develop clearing services for new asset classes. LCH.Clearnet Group Ltd is owned 83% by users and 17% by exchanges.