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Senior Risk Analyst

  • Location

    City of London, London

  • Sector:

    Operations & Middle Office

  • Job type:

    Permanent

  • Salary:

    £60000 - £70000 per annum

  • Contact:

    Scott Duerden

  • Contact email:

    scottd@kennedypearce.com

  • Job ref:

    SDSRAGH01_1623850494

  • Published:

    5 months ago

City based Clearing House, are looking to recruit a Senior Risk Analyst to join their expanding London office. The incumbent will ensure that appropriate risk methodology and policies are in place and are followed within the company in accordance with the strategy set out by the Board and the Management Committee. You'll also monitor, assess and manage market risks arising from client positions held with the company. The Risk Analyst will also ensure that the company is managing its client counterparty risk especially as it expands its client base and the services it offers (including options clearing and margin financing).

The role will involve working shifts on a rotational basis between the hours of 7.00am and 7.00pm.

Main responsibilities of the Risk Analyst will include;

  • Actively monitor markets to assess potential impact of changes on the company's clients' trading exposures
  • Review and act upon information to minimise or mitigate risks to the company incurred by clients
  • Lead in the development of systems to assist in the evaluation and analysis of risk information
  • To assist in the identification, collection and analysis of risk information
  • To view and assess client counterparty risk, look for exceptions, report breaches and escalate concerns where necessary
  • Be aware of and ensure compliance at all times with relevant regulatory requirements
  • Follow the trading day cycle and tasks with the emphasis on intraday risk monitoring and risk mitigation
  • Approve and monitor limits for clients in accordance with the risk policies agreed by the Risk Committee
  • Report on breaches of risk management policies
  • Escalate concerns about client exposure where appropriate
  • Assist in production of Risk Dashboard for Senior Management, including VaR calculations at Company, client and product level
  • Contribute material to the monthly Management Risk Committee

To be considered for the Risk Analyst position, ideal candidates must have the following experience and skills;

  • Experience and knowledge of market and counterparty risk
  • Degree in numerical / financial discipline an advantage
  • Sound understanding of exchange traded derivatives, including how to price options and swaps
  • Understanding of VaR and other measures of market exposure
  • Confident with Excel and VBA
  • Knowledge of Python coding advantageous
  • Experience with database interrogation (SQL) an advantage
  • Experience with Bloomberg an advantage
  • Positive and approachable personality
  • Maintain effective oral and written communication with regards to clients and supplier

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