Market Risk Analyst - Private Bank - £35-45k - London

Recruiter
Executive Talent Solutions
Location
London, South East England
Salary
35000.0000
Posted
18 Jun 2017
Closes
18 Jul 2017
Contract Type
Permanent
Hours
Full Time

Executive Talent Solutions are working with a leading Private Bank to recruit a Market Risk Analyst. This role will form a key part of their middle office function, providing a key link between trading and finance.

The role of Market Risk Analyst is a permanent position based in their central London office. The role will pay between £35000 and £45000 plus excellent benefits including study support.

The responsibilities will include:

  • Recording and monitoring all derivative and proprietary trading positions (Intraday & close of business)
  • Working knowledge of Foreign Exchange, Interest rate Swaps, Interest Rate Futures, FX Options, Caps & Floors and Asset Swaps, Bonds, FRN’s, CD’s.
  • Establish working relationship with Group Market Risk Unit, Treasury, Credit and the relevant CRO teams.
  • Document management of Trades, positions, escalation of breaches to management and ensuring all outstanding items are investigated and cleared as necessary.
  • OTC Trade valuations using established Bloomberg models
  • Value at Risk reporting
  • Production of daily management reports within agreed time-scales
  • Banking Book interest income margin analysis
  • Customer FX Margin Trading - reporting of breaches, overview of clients positions, liaising with Banking teams and Credit as necessary.
  • Overview / maintenance of data records in the General Ledger system to ensure correct classification of data in relation to regulatory reporting and Middle Office schedules
  • CSA Collateral management in respect to investigation of exceptions, margin calls and monthly interest.
  • Provide assistance & cover as necessary in relation to the Asset and Liability Committee schedules.
  • Responsible for the data integrity of all futures and option reporting.
  • Monthly Submission of the PRA Treasury Asset schedule.
  • Quarterly Submission of the PRA Treasury Basis Risk return.
  • Hedge effectiveness documentation / testing

Candidates should have previous experience in the Financial Services industry with knowledge of Derivatives, including; foreign exchange, interest rate swaps amongst other products. The role requires very strong Excel skills and a desire to develop your skills and move through this business.