ABOUT THE JOB

Market Risk performs oversight of the Fixed Income, Equities, Foreign Exchange and Interest Rate and Commodity Derivatives trading activity throughout the bank and broker-dealer. The team performs a broad range of analysis and produces trading risk analytics to support the Market Risk function, including monitoring and evaluating risks affecting current or anticipated capital, valuation, profit & loss (P&L), Value-At-Risk (VaR) and Counterparty Credit Risk (CCR). Market Risk team also has an oversight function for Corporate Treasury activities.

The individual in this role will perform a broad range of analysis to support the customer trading analytics function, monitor trading activities, analyze trends, identify emerging risks, and strengthen our oversight function

ESSENTIAL JOB FUNCTIONS

• Analyze risk metrics related to trading activities (position changes, profit & loss, VaR and other key measures)
• Work with senior members of the team on monitoring market risk limits and developing analyses of portfolio and risk dynamics
• Enhance consolidated data reporting by tracking and reviewing position changes, profit & loss monitoring and its attribution
• Support Market Risk policies and processes
• Provide reoccurring reporting and ad hoc requests
• Create analysis to support the production of insights into relevant business questions under general direction / supervision
• Develop basic visualizations and PowerPoint presentations
• Provide input with addressing basic business/analytical problems and challenges
• Prepare documents for monthly and quarterly submission to finance and accounting, and to regulators
• Conduct quantitative analysis on large data sets with manager and team support
• Identify common data errors and their impact
• Employ basic best practices for evaluating large data
• Answer key business questions through exploration and discovery
• Find patterns or anomalies by building out visualizations

REQUIRED QUALIFICATIONS

• Degree in finance, mathematics, statistics, economics, or other quantitative field
• Robust understanding of trading products and profit & loss analysis
• Solid understanding of VaR, sensitivities
• Possesses intellectual curiosity, understands key drivers of financial results, keen interest in capital markets and understanding of Risk Culture and framework.
• Strong analytic and quantitative skills such as
  • Knowledge of financial mathematics
  • Advanced knowledge of Excel
  • Proficiency in a programming language such as Python, SAS, SQL, R, Google Cloud, Big Query, VBA
  • Statistical analysis
  • Data visualization
  • Preferred skills/familiarity with Calypso, RiskWatch and Bloomberg