Market Risk Projects

A fantastic opportunity for a Senior Analyst to work on Market Risk Projects for a highly respected and market leading business in London.
 
Purpose of the role:

The role involves managing and implementing IT projects to improve management and control systems. Given the unique position of the team in the middle of Global Energy Markets commercial activities, the team also supports broader company objectives and management decision making.
 
The Projects team provides real-time front-line control and information for management and traders, integrating the daily PNL & risk reporting produced across GEM to provide an overarching risk management view. Part of the role will be to ensure the smooth running of daily reporting procedures and to adapt the reporting tools as circumstances change.
The Projects team works closely with both Structured Products and Crude Oil Derivatives Market Risk teams and there will be some requirement to provide cover for those teams in reporting and related responsibilities.

Key Responsibilities:
 

• Lead projects to help improve the performance of Middle Office functions including:
• Analysis of positions, both physical and financial, and understanding how they fit within the firm’s risk framework.
• VaR calculation and analysis, ensuring that the VaR metric is both complete and accurately reflects the risk of the desks.
• Automation and improvement of processes carried out by Trade Control and Credit departments;
• Calculating cash usage throughout GEM in order to predict future cash requirements and monitor cash usage by Front Office.
• Analysis and calculation of stress on both an aggregated and specific strategy level.
• Maintain a good knowledge of risk metrics, be able to understand and discuss with the other risk managers VaR, Stress and Greeks so as to be able to assist in commentary and development.

 
 
Skills & Experience:
 
 

• Strong IT skills: excellent Python, VBA and SQL required.
• Experience in successfully implementing IT projects.
• Knowledge of the market risk/ product control role either within trading companies or banks.
• knowledge of risk metrics such as VaR, stress testing, scenario analysis.
• Knowledge of the Endur ETRM system would be an advantage.
• Ability to communicate concisely to senior management in Market Risk and to stakeholders.
• Analytical mind and good numerical skills.
• Strong communication and interpersonal skills.
• Ability to build and nurture effective relationships across the organisation.
• Ability to mentor junior members and raise the profile of the team.

 
 
If you have the skills and experience and keen to hear more about this incredible opportunity, then please don’t hesitate to apply.