Corporate & Investment Bank (CIB) Market Risk Management is an independent risk group, reporting to the firm’s Chief Risk Officer (CRO), which identifies, measures, monitors and controls the financial risks related to movements in market prices. The organization serves as the key interface for discussing risk appetite, limits and individual large or complex transactions with the trading desks.
The successful candidate will join the London Securitized Products Group Market Risk team as an Analyst or Junior Associate with coverage responsibilities over the Real Estate Structured Finance (RESF) desk, which specializes in originating, distributing and trading Commercial Real Estate (CRE) Loans.
Job Responsibilities:
- Utilizing a wide variety of trading analysis tools to monitor risk exposures and understand the factors that drive the profits and loss.
- Follow the CRE lending markets and EMEA ABS Securitization markets, focusing on price movements and events affecting the portfolio.
- Analyse and review new loan originations and financing opportunities and provide approval recommendations to senior market risk coverage
- Look for threats, weaknesses and concentrations in the risk profile and pro-actively bring these to the attention of the business and the Market Risk management team.
- Develop a deep understanding of the CRE market and lending products along with the risks associated with them.
- Work with Risk Reporting team to ensure processes are established to provide accurate risk reporting for the entity to support location governance and regulatory requirements.
- Assist in limit escalations and monitor key control processes.
- Perform scenario analysis and stress testing, Conduct ad-hoc and regular risk analysis as well deep dives into various risk themes, and communicate findings.
- Coordinate various groups on projects relating to VaR, stress, risk methodology and infrastructure enhancements
Skills/Qualifications:
- Knowledge and interest in financial markets (SPG or Credit specific knowledge preferred).
- Strong analytical skills and highly numerate. Sound understanding of quantitative concepts relating to risk sensitivities, P&L explain, VaR and stress testing.
- Proactive mentality. Drive to enhance the understanding of the risk portfolio and improve processes.
- Excellent written and spoken communication skills. Must be able to converse with a wide variety of groups.
- Exceptional drive, creativity and interpersonal skills.
- Good project management skills and attention to detail.
- Role suitable for a recent university graduate or someone with experience working in finance, previous Market Risk work experience an advantage, but not required.