Market Risk Business Analyst

Our client is seeking a highly motivated Market Risk Business Analyst to join their growing Risk Management team. In this role, you will play a critical part in identifying, measuring, and reporting market risk across trading activities and investment portfolios. You will leverage your strong analytical and programming skills to build and maintain robust risk models and data pipelines, ensuring the accuracy and efficiency of their risk management framework.

We are looking for a self-starter who can collaborate with other teams and communicate effectively with stakeholders.

Requirements

1. Responsibilities
2. Partner with traders, portfolio managers, and quantitative analysts to understand market risk exposures and develop risk mitigation strategies.
3. Design, develop, and implement quantitative models to assess Value at Risk (VaR), portfolio sensitivities, and other market risk metrics.
4. Utilize Python programming language and relevant libraries (Pandas, NumPy, SciPy) to manipulate, analyze, and visualize market data.
5. Build and maintain data pipelines for efficient ingestion, transformation, and cleansing of financial data from various sources.
6. Conduct back-testing and stress-testing exercises to assess the effectiveness of risk models and identify potential risk scenarios.
7. Generate clear and concise reports on market risk exposures, trends, and risk management activities.
8. Collaborate with IT teams to ensure smooth functioning and integration of risk management systems with front-office applications.
9. Stay abreast of regulatory developments and ensure compliance with relevant market risk capital requirements.

Qualifications

• Bachelor's or Master's degree in Computer Science, Mathematics, Finance, or a related field.
• Strong understanding of market risk principles and methodologies, including econometrics. Proficiency in Python and relevant libraries (Pandas, NumPy, SciPy).
• Solid understanding of time series analysis techniques and statistical modeling.
• Experience with building and maintaining data pipelines for financial data.
• Excellent communication and collaboration skills.
• Ability to work effectively in a fast-paced, dynamic environment.
• Experience with financial modeling and derivatives pricing.
• Knowledge of SQL and database management systems (preferred).

Benefits

We offer up to 100,000 GBP and a comprehensive benefits package, including health insurance, dental insurance, disability insurance, and paid time off.

About the Company

We are a leading recruitment and IT services company. We collaborate with a global IT services firm to find a suitable candidate to join a passionate team dedicated to connecting top IT talent with leading financial institutions. We partner with Fortune 500 banks and IT firms, leveraging our industry expertise to identify the most sought-after positions for highly skilled candidates.