Senior Risk Analyst - Traded Risk

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Senior Risk Analyst - Global Trading Risk ControlA leading Global Bank currently require a Senior Risk Analyst for a contract opportunity until the end of 2021. The role will be based in London but with remote working, paying up to £550 per day PAYE.Role Summary This role sits under Wholesale Credit and Market Risk function and is part of the Global Risk Organisation. The Traded Risk function monitors, evaluates and manages market and counterparty risks impacting across the banking Group. It is responsible for establishing the global risk management framework for Traded Risk, and plays a key role in ensuring that the Bank is compliant with current and future regulatory requirements relating to Traded Risks and their capitalisation.The Traded Risk Analyst will report to the Head of Traded Risk Process Aggregation. The role will support the implementation and rollout of a large scale reconciliation process between Finance and Risk.The responsibilities will include:Primary point of contact representing Traded Risk Process on all matters concerning the delivery of the Reconciliation processSupports Risk Transformation and Risk IT team in the rollout of the new solutionDevelop analysis and reporting tactical solutionsSupport the definition of business requirements for strategic solution implementation.Maintain ongoing engagement with the Group Traded Risk Management Team, GRA and Regional Traded Risk Process, Finance and Product Control teams on the advancement of the project.Write documentations on the new process (including operating model, Desk instruction manual, policy and governance papers)Design a revised process and train resources in our GSC (India) to take over the process once live.Comply with regulatory commitments. Knowledge/Experience Required University graduate in finance, computer science or any other quantitative related degreesRecently utilised coding skills (Python)Experience working in a risk control/reporting team and understanding of market conceptsExperience in dealing with many stakeholders across sites and managing expectationsExperience with analytical reporting, e.g. explanation of a transformation by decompositionDetailed knowledge of financial markets, trading business, market risk measuresDetailed knowledge of risk calculations, systems, VaR Backtesting, IRC, Volcker, RWA reporting and regulatory frameworkUnderstanding of key risk factors for products, risk sensitivities and how they are measuredExpert in Microsoft OfficeAbility to deliver change to enhance processes and proceduresExcellent interpersonal and business analysis skillsExcellent analytical and problem solving skillsExcellent presentation skills to brief senior management on topics and summarise key information Please do apply using your most up to date CV in the first instance. If you do not hear back within 48 hours, then unfortunately your application has been unsuccessful on this occasion.