Market Risk Specialist
3 weeks ago
Job Title: Financial Risk Analyst
- Manage systematic model testing for Value at Risk (VaR), Volatility (Vol), Total Exposures (TE), stress testing and support Back testing.
- Provide end-to-end servicing of clients, ensuring their needs are met and issues are resolved in a timely manner.
- Reconcile risk results against accounting reports and independent data, investigating discrepancies where necessary.
- Supply timely and accurate market data for internal Market risk systems.
- Analyze time series data for information content that may be beneficial to Risk Managers, such as market liquidity and hedge efficiency.
- Support the Client relationship team in ensuring streamlined Investor communications.
- Understand various processes to generate risk numbers retrieved by different risk feeds, involving evaluation and analysis of Market risk exposures using statistical and other approaches.
- Assist in specifying new functionality to further streamline operational processes.
- Provide support, resolve client issues, and demonstrate a firm understanding of the product to users (risk managers, traders, etc.).
- Assist team development and implement projects for new risk clients.
- Work co-operatively with other risk groups in different locations and time zones.
- Be responsible for accurate and timely processing, operations, and controls.
- Responsible for migrating/training team members from other State Street locations.
- Build engagement with service providers and drive KPIs.
- Provide support, resolve client issues, and demonstrate a firm understanding of the product to users (managers, traders, etc.).
- A key focus on service delivery excellence and ability to work under pressure.
Requirements:
- 6+ years of Financial services experience in Market Risk or Hedge Fund accounting/investment operations of an Investment Bank.
- Good understanding of all financial instruments, including complex OTC products.
- Understands Hedge Fund Strategies and hedge fund investing or hedge fund accounting methodologies.
- Ability to lead the team and train team members.
- Ability to work in a team under tight deadlines.
- Good communication and interpersonal skills.
- Strong understanding of financial markets and risk management techniques.
- Highly motivated, multi-task capable, and willingness to learn and develop within the role.
- Working knowledge of SQL query and Advanced Excel.
- Bloomberg and/or Reuters knowledge.
- FRM, CA, or CFA qualification is an advantage, however not mandatory.
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