Our client is global Bank with London offices based in the West End. They offer Banking and Asset management services.
Day to day risk control responsibilities including, but are not limited to, periodic risk report production and investigation of out of tolerance metrics such as Value-at-Risk, Tracking Error, Beta, credit ratings, rates and credit sensitivities.
Use of third-party risk models as well as well as tools developed internally to provide insight on risk exposures.
Develop risk modelling methodologies. This may require the analyst to manually build reports or prototypes to provide proof of concept before tools are implemented in the production environment.
Communicate methodologies and results within the Risk team and prepare presentation material to governance forums such as the Risk Committee or Fund Board.
Interact with Portfolio Managers, Traders and Analysts as needed to understand risk appetite, refine analyses and communicate important findings.
Perform stress-tests both on asset management portfolios and the treasury desk book.
Assist the Risk team in providing accurate regulatory reporting (e.g. Capital and Liquidity Adequacy for the bank division and AIFMD for the asset management division) as well reports requested by clients.
Assist the Risk team in writing and presenting the Risk framework, policies and procedures and answering clients or prospective clients’ requests
Take part in product development initiatives as a Risk representative.
To ensure you are aware of the risks associated with the processes of the department and the controls used to mitigate those risks.
You are further expected to remain proactive in identifying any further risks or controls that may have an impact or bring added benefit or development on our processes.
Relevant experience within financial services (ideally a bank) and knowledge of the products traded by a treasury desk is essential.
Knowledge of money markets, FX, rates and credit derivatives, and fixed income instruments. Knowledge of equities advantageous but not required.