Job title: Business Analyst (Market Risk) - Tier One Investment Bank
Location: Canary Wharf, London
Description: We are looking for an experienced Business Analyst with a deep understanding of market risk and Value at Risk (VAR) to support our risk management efforts.
PLEASE NOTE: The ideal candidate will possess strong communication skills, reputable banking experience, and enjoys being hands-on.
1. Market Risk Analysis: Conduct comprehensive analysis of market risk exposures across various asset classes, including equities, fixed income, commodities, and derivatives.
2. Value at Risk (VAR) Modeling: Develop, maintain, and enhance VAR models to assess and quantify market risk. Monitor and report VAR metrics regularly to senior management.
3. Risk Measurement and Reporting:Generate detailed risk reports, including scenario analysis, stress testing, and sensitivity analysis, to provide insights into potential risks and opportunities.
4. Data Management: Gather, clean, and preprocess financial data from multiple sources to support risk modeling and analysis.
5. Risk Framework Enhancement: Collaborate with the risk management team to improve and refine risk management frameworks, methodologies, and policies.
6. Regulatory Compliance:Stay current with industry regulations and ensure compliance with relevant financial regulations, such as Basel III, Dodd-Frank, and others.
7. Cross-functional Collaboration: Work closely with portfolio managers, traders, and other stakeholders to understand their risk management needs and provide actionable insights.
- Bachelor's degree in finance, economics, mathematics, or a related field; advanced degree (e.g., MBA, CFA) preferred.
- Proven experience as a Business Analyst or Risk Analyst with a focus on market risk