At a Glance
- Tasks: Analyse market risks and enhance risk management tools in a dynamic team.
- Company: Join one of the largest futures and options clearing houses globally.
- Benefits: Gain valuable experience, competitive salary, and opportunities for professional growth.
- Why this job: Tackle complex risk challenges and shape the future of risk management.
- Qualifications: Degree in a numerical discipline and knowledge of risk management preferred.
- Other info: Collaborative environment with excellent career advancement potential.
The predicted salary is between 28800 - 48000 £ per year.
Overview
ICE Clear Europe’s Clearing Risk Department (CRD) is looking for a front office junior risk analyst. The successful candidate will form part of a dynamic risk team and be involved in overseeing and shaping the risk management practice at one of the largest futures and options clearing houses in the world. Junior Risk Analyst will be exposed to a wide range of asset classes and be challenged with complex risk problems. You will be responsible for carrying out all aspects of the day-to-day risk management duties and assist in developing and implementing enhancements to the risk management tools, models, and processes. You will also participate in the design and implementation of new risk initiatives and products that benefit the business.
Responsibilities
- Analyze and monitor market and collateral risks on real-time basis and appropriately escalate any risk concerns
- Ensure the risk management framework and risk policies are being adhered to and are consistent with regulatory and industry standards
- Assist with identifying areas where the risk models, risk management processes, or infrastructure can be improved.
- Enhance documentation of risk processes, procedures, and models
- Assist with internal and external communication including, inter alia, representatives from clearing members and ICE management
- Collaborate with a group of colleagues on key policy and methodology development
- Conduct project work and run thematic or ad-hoc market research on relevant risk topics
Knowledge and Experience
- Degree in Business, Science, Economics, Engineering, or a related numerical discipline
- Self-motivated, proactive, with an intuitive mindset, and good attention to detail
- Knowledge of risk management models and techniques such as Value at Risk, liquidity risk, backtesting and stress testing models is preferred
- Knowledge of financial derivative products such as fixed income, interest rates or commodity derivatives is an advantage
- Ability to be a team player and to collaborate with other teams
- Ability to conduct research, analyze problems, formulate and implement solutions in an efficient, effective, and independent manner
- Excellent written and verbal communication skills
- Experience with SQL and Python preferred
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Junior Risk Analyst employer: ICE Clear Europe Limited
Contact Detail:
ICE Clear Europe Limited Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Junior Risk Analyst
✨Tip Number 1
Network like a pro! Reach out to people in the industry, attend events, and connect on LinkedIn. We all know that sometimes it’s not just what you know, but who you know that can help you land that Junior Risk Analyst role.
✨Tip Number 2
Prepare for interviews by brushing up on your knowledge of risk management models and financial derivatives. We recommend practising common interview questions and even doing mock interviews with friends or mentors to boost your confidence.
✨Tip Number 3
Showcase your skills! If you’ve got experience with SQL and Python, make sure to highlight that during interviews. We want to see how you can apply those skills to real-world risk problems, so be ready to discuss your past projects.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets seen by the right people. Plus, we love seeing candidates who are proactive about their job search!
We think you need these skills to ace Junior Risk Analyst
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Junior Risk Analyst role. Highlight any relevant experience or skills that match the job description, especially in risk management and financial derivatives. We want to see how you can contribute to our dynamic risk team!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're passionate about risk analysis and how your background fits with our needs. Be sure to mention any specific projects or experiences that demonstrate your analytical skills and attention to detail.
Showcase Your Technical Skills: If you've got experience with SQL and Python, make sure to highlight that in your application. We love candidates who can bring technical expertise to the table, so don’t shy away from mentioning any relevant projects or coursework that involved these tools.
Apply Through Our Website: We encourage you to apply directly through our website. It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, it shows us you’re proactive and keen to join our team!
How to prepare for a job interview at ICE Clear Europe Limited
✨Know Your Risk Models
Make sure you brush up on key risk management models like Value at Risk and stress testing. Being able to discuss these concepts confidently will show that you understand the core responsibilities of a Junior Risk Analyst.
✨Showcase Your Analytical Skills
Prepare to demonstrate your analytical mindset. Think of examples where you've successfully identified problems and implemented solutions, especially in a numerical context. This will highlight your ability to tackle complex risk issues.
✨Familiarise Yourself with Financial Derivatives
Since knowledge of financial derivative products is an advantage, do some research on fixed income and commodity derivatives. Being able to speak about these topics will set you apart from other candidates.
✨Practice Your Communication Skills
As you'll be collaborating with various teams and communicating with stakeholders, practice articulating your thoughts clearly. Consider mock interviews or discussions with friends to refine your verbal and written communication skills.