Quant Risk Analyst - Commodities Brokerage

Job Description

Job Summary

• London
• Permanent
• BBBH812319
• Apr 06, 2022
• Competitive

Job Description Commodities Brokerage house seeks a Quantitative risk Analyst as part of its expanding Risk department. Responsible for market risk, stress testing, model development and risk analytics. . Your Role A permanent, full time opportunity has arisen for a Quantitative Risk Analyst within Risk Department, based in the City of London. You will be an integral part of the team, responsible for diligently assisting in managing the organisations risk and helpingto implement, oversee and maintain the Risk Management Framework. This includes providing specialist support and advice to the business, working with key business stakeholders to facilitate the improvement of the Risk Management Framework Your Responsibilities The Core responsibilities the position will hold includes:  Create, distribute (automated) and review daily Market Risk reports to stake holders and senior management  Prepare and review daily stress testing of clients  Assist Market Risk Manager in developing stress testing models and scenarios  Ownership of margining models for FX and CFD products in accordance with the current policy  Developing, validation, maintaining and running team-developed models (e.g. reverse stress testing, benchmark projects) on a regular basis  Development and maintenance of in-house risk analytics library, such as back-testing methodology and procyclicality  Perform mathematical/statistical analysis on timeseries and provide feedback on current market conditions  Real-time risk monitoring of clients PnL  BAU Data validation and maintenance  Timely and accurate analysis of quantitative risk issues  Contribute to improvements in existing risk management techniques and processes through the application of advanced quantitative methods  Liaise with Front Office, client and senior stake holders regarding quantitative risk topics  Adhere to Risk Management Framework  Maintain departmental procedures. Your Profile The successful candidate will possess the following :  5 years previous experience in a risk management role within financial services  Analytical background with knowledge of statistics (Advanced degree in Mathematics, Statistics, Computer science, Financial Mathematics, Engineering, Science, or a related discipline preferred)  Deep understanding of modelling of risk; assumptions and limitations of models  Knowledge of Futures & Options, CFDs, FX  Advanced SQL, Python Knowledge  Advanced Excel knowledge  Working knowledge of Reuters  Ability to work under pressure  Attention to detail  Excellent communication, relationship management and influencing skills  Ability to analyse, present and report risk management data to Market Risk Committee  Ability to provide and respond to challenge at senior/executive level  Ability to adapt and respond to change Morgan McKinley is acting as an Employment Agency and references to pay rates are indicative. BY APPLYING FOR THIS ROLE YOU ARE AGREEING TO OUR TERMS OF SERVICE WHICH TOGETHER WITH OUR PRIVACY STATEMENT GOVERN YOUR USE OF MORGAN MCKINLEY SERVICES.