Lead Credit Risk Trade Analysis
Main responsibilities include:
- Provide support for live trade requests across APAC (mainly Australia, Japan, Hong Kong and Singapore) Europe and North America (time difference permitting) to support Front Office and facilitate trade execution in a timely manner. Under time pressure the candidate should be able to guide the team and cover varied derivative products across varied markets (FX, Rates, equities, Commodities…).
- Analyze existing portfolios by valuating and determining risk drivers and projecting credit exposure profiles for daily reporting.
- Work closely with Front Office, CVA desk, Risk Data Control, Credit Risk Management and Credit Risk reporting to quantify the exposure of trades and client portfolios.
- Develop and enhance credit exposure reporting processes. This is achieved either through strategic development in conjunction with IT and development teams within RMM or through development of in-team tactical processes.
- A suitable candidate would be educated to degree level, preferably in a quantitative subject. They should have 7+ years working in a professional environment (e.g. Big 4 accounting firm, Investment Bank). An advanced degree in finance or a quantitative science and/or a professional qualification such as CFA or FRM would be desirable.
- The candidate should have good communication skills in English (both written and orally) and good organizational skills.
- The candidate must have deep understanding of varied derivative instruments and their characteristics. Knowledge of the credit risks surrounding derivatives products and how potential credit exposure is calculated is a necessity. The candidate must be able to rapidly grasp, apply and explain detailed technical concepts to other functions.
- The candidate should be comfortable working with desktop computer applications and large database. Experience of programming (VBA within Excel and/or C++) would be an advantage.
- INSIGHT knowledge would be an advantage.
- Key requirement of producing high quality work under pressure (live trade support) and meeting tight deadlines is essential.