AVP - Market Risk Analytics - Credit Desk

Risk and Control Objective

Ensure that all activities and duties are carried out in full compliance with regulatory requirements, Enterprise Wide Risk Management Framework and internal Policies and Policy Standards.

Dynamic Working

Our dynamic working programme has been set up to help colleagues achieve an optimal work/life balance. Arrangements we offer range from working at home and changing regular hours to taking career breaks. Our Dynamic Working initiatives support colleagues at all stages of their lives, helping them with parenthood, caring, further studies and hobbies

Dynamic working gives everyone opportunity to integrate professional and personal lives. If you have a need for flexibility, then please discuss this with the Hiring Manager.

Productions of analytics

- Running monthly funding pulse check meeting across FO/COU/RMG/PCG/BM, reviewing actions, funding requirements, P&L, and producing the pack for the meeting with RMG/PCG input

- Monthly review of EF Outlook with RMG and Credits Funding AE

- Production of quarterly funding update for Global Head of Credit Trading and QBRs

- Supporting in producing Funding MTP and documenting assumptions

Specific projects

- Monitoring CCP IM drivers

- Setting up formal process with COU to manage JTD risk

- Ensuring QA setup process for IBMO to manage CCP switches

- Getting LCH IM calculations in ICE

- Document allocation keys of IM funding charges so FO understand the mechanics of the allocation to their P&Ls

- Bond secured funding analysis establishing regular MI for Trading desk of secured funding efficiency between FIF/PCG

- Loans secured funding analysis ensuring accurate data is used for funding, and appropriate WALs are used across secondary, CLO business

Stresses

- Repo CLR challenging MI and calculation to get transparency on the underlying drivers of the stress, and what action can be taken to reduce stress working with FIF

- Intraday CLR review calculation methodologies and allocation keys

What will you be doing?

- Setup and production of regular risk analytics reports which will feed into our global risk strategy for Credit Trading/Funding business

- Liaise with multiple team globally to retrieve relevant datasets and prepare the story with specific focus on risk strategy

- Work closely with the global business management teams to understand wider priorities and provide timely inputs to drive active risk management

What were looking for:

- Candidates should have an undergraduate degree in a relevant field or equivalent (i.e. Finance, Management, Economics, Business, Computer Science)

- Understanding of what a Credit Trading does and the financial products it trades along with general understanding of the Funding business in an investment banking setup

- Direct experience in a Risk Analytics function preferably in Credit Trading business with strong understand of risk metrics like CS01 (Credit Spread 01), CCS1%, VAR (regulatory and management), LID0 (loss in default at zero recovery), balance sheet (long vs short), etc.

- Proficient in MS Office suite, including PowerPoint, Excel, Outlook and Word

- Hands on experience on Business Intelligence (BI) tools like Tableau and Qlikview is an added benefit

The successful candidate will have proven experience of:

- Executing against tight deadlines

- Ability to handle stressful situations

- Good Stakeholder communication skills

- Evidence of successful collaboration in a global, geographically dispersed environment

Skills that will help you in the role:

- 3-4 years of experience in a risk analytics function

- Prior experience in data analytics, data visualisation, VBA or python programming is strongly desirable