Department Overview:
TRM Risk London is team of circa 70 people supporting a wide area of businesses within Financial Markets. TRM Risk is responsible for Market Risk, Product Control and IPV. Market risk looks at the movement in market parameters, such as FX rates, interest rates and credit spreads. The department’s core activity is measuring and analysing the financial risks of the trading desks and banking books we manage as well as the day-to-day profit and loss generated by traders. This requires close liaison with front office traders.
Main Duties and Responsibilities of Role:
Responsible for accurate and timely reporting of the P&L and Risk for the FX and FX Derivatives desk.
P&L reporting includes: confirmation of full trade coverage with reconciliation breaks appropriately managed; explanation of the P&L.
Risk reporting includes: Value at Risk reporting and validation of the computation through full trade coverage validations and market data checks; sensitivity reporting and limit checking.
Developing a deep understanding of the products and markets covered by the trading desk.
Discussing results and market developments within the team and with the trading desk.
Submitting and confirming reported results in the consolidated reporting platforms.
Pro-actively looking for risks / market development / control issues that are not covered by standard reporting.
Contributing to projects. The department participate in a wide number of regulatory and internal projects as we adapt to changing market dynamics and technology improvements.
Candidate Profile
Qualification/Education
Essential:
University Degree (at least 2:1) in Finance/Economics or other relevant field.
Strong A-level results.
Experience/Knowledge
Essential:
Has the right to work in the UK
Highly competent with Microsoft Office programs, specifically Excel.
Strong interest in financial markets.
Desirable:
Programming skills / familiarity with VBA and Python
At least one year of experience in Product Control or Market Risk Management at a major financial institution
Personal Competencies
Essential:
Delivery focused with strong analytical skills.
Good verbal and written communication skills.
Organised and detail-orientated.
Approachable and able to challenge different stakeholders, such as front office, higher management and other support functions.
Team player with the ability to develop strong relationships and become a business partner.
Energetic, creative, able to work independently and take the initiative to drive value in the Agile way of working.
8 jobs found
Abu Dhabi Islamic Bank
Emirates NBD
ANZ Banking Group Limited
Swissquote