At a Glance
- Tasks: Monitor risk exposures and support margin processes in ForexClear's OTC foreign exchange clearing service.
- Company: Join LCH, a leading financial institution with a focus on innovation and risk management.
- Benefits: Competitive salary, professional development opportunities, and a dynamic work environment.
- Other info: Opportunities for career growth and involvement in exciting new product initiatives.
- Why this job: Make a real impact in risk management while working with cutting-edge financial technologies.
- Qualifications: Experience in financial institutions, preferably in risk analysis or central counterparty roles.
The predicted salary is between 60000 - 80000 £ per year.
LCH’s ForexClear division is looking for a Senior Risk Analyst to support the day‑to‑day risk management of our OTC foreign exchange clearing service. The role focuses on monitoring exposures, supporting margin and stress‑testing processes, and contributing to default management readiness. The successful candidate will also have opportunities to support new product risk assessments and process enhancements, contributing to the ongoing development of risk capabilities at ForexClear.
Key Responsibilities
- Escalate daily risk exposures and produce regular reports highlighting material risk drivers.
- Lead end‑of‑day exposure assessments, including pre‑close checks and margin impact analysis.
- Validate data inputs and pricing models used in risk calculations and margin processes.
- Support the review and back‑testing of risk models to ensure alignment with market behaviour.
- Ensure consistent application of risk policies and contribute to periodic reviews of risk processes.
Stress Testing
- Maintain and update stress‑testing scenarios to reflect relevant market risks.
- Evaluate the impact of market stress on member exposures and assess Default Fund adequacy.
- Ensure inclusion of new products and scenarios within the stress‑testing framework, as appropriate.
Default Management
- Assist with the execution of default management drills and contribute to post‑event analysis.
- Support interactions with clearing members involved in the Default Management Group (DMG).
- Ensure that appropriate procedures are in place to handle a member default effectively.
- Facilitate trade capture during simulation exercises and coordinate with operations teams.
Product & Process Support
- Help define risk requirements for new product initiatives and system enhancements.
- Contribute to the specification and testing of risk processes, reporting tools, and control mechanisms.
- Assist in assessing the risk implications of clearing new contracts and onboarding new members.
Candidate Requirements
- Prior experience in a financial institution, preferably within a central counterparty, investment.
ForexClear Senior Risk Analyst in London employer: Dormont Manufacturing Co
LCH is an exceptional employer, offering a dynamic work environment in the heart of London where innovation meets collaboration. As a Senior Risk Analyst in our ForexClear division, you will benefit from a culture that prioritises professional growth, with ample opportunities for skill enhancement and career progression. Our commitment to employee well-being is reflected in our comprehensive benefits package and supportive team atmosphere, making LCH a rewarding place to advance your career in risk management.
