Your Responsibilities
Responsible for diligently assisting in managing the organisation's risk and helping to implement, oversee and maintain the Risk Management Framework. This includes providing specialist support and advice to the business, working with key business stakeholders to facilitate the improvement of the Risk Management Framework across the firm
The main duties of this role will include:
* Create, distribute (automated) and review daily Market Risk reports to stake holders and senior management.
* Prepare and review daily stress testing of clients.
* Assist Market Risk Manager in developing stress testing models and scenarios.
* Ownership of margining models for FX and CFD products in accordance with the current policy.
* Developing, validation, maintaining and running team-developed models (e.g. reverse stress testing, benchmark projects) on a regular basis
* Development and maintenance of in-house risk analytics library, such as back-testing methodology and procyclicality.
* Perform mathematical/statistical analysis on timeseries and provide feedback on current market conditions.
* Real-time risk monitoring of clients PnL.
* BAU Data validation and maintenance.
* Timely and accurate analysis of quantitative risk issues.
* Contribute to improvements in existing risk management techniques and processes through the application of advanced quantitative methods.
* Liaise with Front Office, client and senior stake holders regarding quantitative risk topics.
* Adhere to Risk Management Framework.
* Maintain departmental procedures.
Your Profile
* 5 years previous experience in a risk management role within financial services
* Analytical background with knowledge of statistics (Degree in quantitative discipline preferred)
* Understanding of modelling of risk; assumptions and limitations of models
* Knowledge of Futures & Options, CFD's, FX
* Strong knowledge of SQL, VBA and Python
* Advanced Excel knowledge
* Working knowledge of Reuters
* Ability to work under pressure
* Attention to detail
* Excellent communication, relationship management and influencing skills
* Ability to analyse, present and report risk management data to Market Risk Committee
* Ability to provide and respond to challenge at senior/executive level
* Ability to adapt and respond to change
Morgan McKinley is acting as an Employment Agency and references to pay rates are indicative.
BY APPLYING FOR THIS ROLE YOU ARE AGREEING TO OUR TERMS OF SERVICE WHICH TOGETHER WITH OUR PRIVACY STATEMENT GOVERN YOUR USE OF MORGAN MCKINLEY SERVICES.
