Senior Risk Analyst - Traded Risk


Premium Job From Jefferson Wells

Recruiter

Jefferson Wells

Listed on

9th July 2021

Location

London

Type

Contract

Start Date

ASAP

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Job title - Global Traded Risk Control - Aggregation Analyst

Location - LondonStart date - ASAPContract - 6 months Our financial services client is currently seeking an experienced Global Traded Risk Control - Aggregation Analyst to join their Wholesale Credit and Market Risk Team in the London office/remote working, this contract will be until the end of 2021. 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. This is a critical delivery of their control framework and a key topic in the successful delivery of their FRTB Risk program.The Traded Risk Analyst is a results-driven individual with a deep understanding of risk data, process, analysis and systems who aspires to innovate, improve and embed solutions that enable effective risk management in market and/or traded credit risk. Key Accountabilities: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.Optimises the control framework of the market risk functionActs as a subject matter expert within the team for both onshore and offshore colleaguesLeads the team through the implementation of new MI for BAU requirementsEnsures efficiency and accuracy of reporting for market risk managers and the Front OfficePerforms consolidated risk reporting and analysis of risk measures (sVaR, VaR, RNIV, etc) at a group level for internal and external useCreates consolidated management committee packsIdentifies and escalates issues to Risk Management through review and validation of risk data, controls and reporting Knowledge and Experience:University graduate in finance, computer science or any other quantitative related degreesExperience working in a risk control/reporting teamExperienced leader managing a team (onshore and offshore)Experience 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 informationKnowledge of software development tools (VBA, Python, etc) If you are relevant or interested please don't delay - apply now.

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