Position Title : Risk Analyst II (2-4 years)
Start Date : ASAP
Location- Hybrid once covid is lifted
Business Unit : 4 - Enterprise Market Risk Control
Duration : 12 months
Extension possible : yes
Conversion Possible : yes
Schedule : M-F (business hours) 37.5 hours per week
Rotation Schedule : No
OT : Yes
Department Overview :
Job Description :
Responsibilities include, but are not limited to :
Understand the underlying principles for :
oValue-at-Risk (General market, idiosyncratic, and migration and default risk)
o Stress Testing
o Pricing and risk management of financial derivatives, including issues that arise regarding financial modelling of products for VaR and risk purposes
Participate in the analysis and creation of commentary into VaR, stress, greeks and other risk metrics.
Participate in the testing of tools related to VaR, Stress, backtesting and PnL.
Understand FRTB and work towards its compliance
Provide constructive feedback and suggestions on the approach(es) taken in the project work streams on which he / she participates
Participate independently with limited guidance in ad-hoc analysis, and discussions to support different stakeholders
Maintain documentation in respect of the key policies, processes, and procedures
Understand and comply withThe banks policies, regulatory, and compliance requirements
Develop / program / maintain application for attribution processes
Must Haves
Efficient with working with large amounts of data and complex computations / methodologies
Comfortable with working in a rapidly changing environment
Proficiency with Excel, including pivot tables and macros
Relevant industry or risk management experience and / or accreditation (FRM / PRM / CFA / MBA)
Good understanding of concepts of statistics, financial and risk modeling
FRTB and risk methodology knowledge
NICE TO HAVE
1.) Experience with VBA, UNIX, SQL, Python
2.) Previous Banking experience, Financial experience
3.) Programming experience would be beneficial
DISQUALIFIERS is there any information / experience on a candidate’s resume that would disqualify them from consideration for this position?
