Job description
Business type
Types of Jobs - Risk Management / Control
Job title
Market Risk Analyst
Contract type
Permanent Contract
Management position
No
Job summary
We are looking for a Market Risk Analyst to join the team to Assist the Head of FX and FX Options Risk Manager in the monitoring of the market activity, the review of positions taken by the desk and communication to Senior Management.
Key Responsibilities:
1. Active participation in the definition of the risk framework and the annual review of limits.
2. Validation of risk indicators, preparation of risk reports, control of limits respect and notification of overruns.
3. Analysis of positions, risk indicators and results on a daily / weekly / monthly basis (depending on the indicators).
4. Participation in the approval process for atypical transactions (one-off).
5. Participation in the constant improvement of the risk monitoring set up.
6. Participation in the process of reserves computation and valuation adjustment
7. Actively monitoring the market context and the risks that may result from it.
8. Maintaining direct and regular contact with traders, in order to establish an in-depth knowledge of the activity and the risks.
9. Participating in the improvement of risk management and monitoring tools
10. Regularly ensuring the relevance of market data used for risk measurement.
The position also includes other cross-functional missions, common to the other members of the team:
11. Active participation in regulatory tasks, in particular FRTB, Benchmark, etc.
12. Participation in the cross-functional work of the team (dashboards, Market Risk Committees, specific requests, whether internal or external, etc.)
13. Participation in perimeter migrations in the new MASAI Eco-system •
14. Participation in internal and external audits as well as the implementation of recommendations
Supplementary Information
Join our team at Crédit Agricole CIB, the corporate and investment banking arm of 10th largest banking group worldwide in terms of balance sheet size (The Banker, July 2023). We offer more than just a job.
You will be part of a dynamic and collaborative work environment where CSR is embraced in our day-to-day business operation, innovation is encouraged and diversity is celebrated.
Crédit Agricole CIB, the first French bank to have committed to the Equator Principles, is a pioneer and global leader in sustainable finance. Our commitment to sustainability and corporate responsibility means that your work will have a positive impact on our communities and the environment.
With a people-centric culture where everyone is valued, and opportunities for personal and professional growth, Crédit Agricole CIB is not just a place to work – it is where you make an impact.
Our hiring process is open to all and should you have any particular needs or you may require adjustments, please let us know.
Position location
Geographical area
Europe, United Kingdom
City
London
Candidate criteria
Minimal education level
Bachelor Degree / BSc Degree or equivalent
Academic qualification / Speciality
Degree in a discipline related or relevant to Risk Management within an Investment Bank, e.g. Engineering, Economics, Finance, Business Administration
Required skills
Ability to:
15. analyse a problem and propose solutions
16. explain a complex topic in very simple terms; communicate clearly and concisely
17. work independently and provide regular progress update; seek help/support when necessary
18. build strong relationships whilst maintaining independence; handle disputes, negotiate with traders.
Technical skills required
19. Be comfortable with Microsoft Office, Python or similar languages.
20. Automate reporting and data queries for analysis purposes, and develop/maintain solutions to facilitate the