At a Glance
- Tasks: Assess and report on market risks in the financial services sector.
- Company: Reputable international corporate bank based in London.
- Benefits: Competitive daily rate of GBP 250+, dynamic work environment.
- Other info: Temporary position with exposure to diverse market risk responsibilities.
- Why this job: Gain valuable experience in market risk management and enhance your finance skills.
- Qualifications: Strong academic background in finance or economics, experience in market risk management.
The role of Market Risk Analyst requires a detail-oriented professional to assess, monitor, and report on market risks within the financial services industry. This is a temporary position based in London, offering a competitive daily rate.
Client Details: International corporate bank.
Description:
- Ensure that market risk metrics are accurately calculated and reported in accordance with Market Risk policy to the senior management and the HO.
- Maintain and improve the risk infrastructure of the Branch.
- Monitor the business plan of 1st line from Market risk perspective and ensure there are appropriate limits available for smooth conduct of business.
- Improve the methodology for accurately calculating market risk exposures from new and existing products and business, including portfolio market risk measures such as VaR, DV01, FX exposure.
- Monitor counterparty Credit Risk and country risk for the branch.
- Perform stress testing and qualitative risk assessments of different business units.
Profile: A successful Market Risk Analyst should have:
- A strong academic background in finance, economics, or a related field.
- Experience in Market Risk Management within financial services.
- Proficiency in risk modelling tools and quantitative analysis.
- Intermediate Excel - VBA & Macros (Competent).
Job Offer: Competitive daily rate of GBP 250/day+. Temporary position based in London, offering a dynamic work environment. Opportunity to work with a reputable organisation in the financial services industry. Exposure to a diverse range of market risk responsibilities.
Market Risk Analyst - Banking in London employer: Michael Page
As a Market Risk Analyst at our esteemed international corporate bank in London, you will thrive in a dynamic work environment that fosters professional growth and development. We offer competitive daily rates and the chance to engage with a diverse range of market risk responsibilities, all while being part of a supportive team that values innovation and excellence in the financial services sector.
StudySmarter Expert Advice🤫
We think this is how you could land Market Risk Analyst - Banking in London
✨Tip Number 1
Network like a pro! Reach out to professionals in the banking and finance sector on LinkedIn. Join relevant groups and participate in discussions to get your name out there. We all know that sometimes it’s not just what you know, but who you know!
✨Tip Number 2
Prepare for those interviews! Research common market risk scenarios and be ready to discuss how you would handle them. We recommend practising with a friend or even in front of the mirror to boost your confidence.
✨Tip Number 3
Showcase your skills! Create a portfolio that highlights your experience with risk modelling tools and quantitative analysis. We want to see your Excel prowess, so include examples of VBA & Macros you've used in past projects.
✨Tip Number 4
Apply through our website! It’s the best way to ensure your application gets noticed. We’re always looking for detail-oriented professionals like you, so don’t hesitate to put yourself out there!
We think you need these skills to ace Market Risk Analyst - Banking in London
Some tips for your application 🫡
Tailor Your CV:Make sure your CV highlights your experience in Market Risk Management and any relevant skills. We want to see how your background aligns with the role, so don’t be shy about showcasing your finance or economics expertise!
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you’re passionate about market risk and how your skills can benefit us. Keep it concise but impactful – we love a good story!
Showcase Your Technical Skills:Since proficiency in risk modelling tools and Excel is key, make sure to mention any specific tools or techniques you’ve used. If you’ve got experience with VBA or Macros, let us know – it’ll definitely catch our eye!
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’s super easy – just a few clicks and you’re done!
How to prepare for a job interview at Michael Page
✨Know Your Numbers
As a Market Risk Analyst, you'll need to be comfortable with metrics like VaR and DV01. Brush up on these concepts and be ready to discuss how you've used them in past roles. This shows you’re not just familiar with the theory but can apply it practically.
✨Showcase Your Analytical Skills
Prepare to demonstrate your proficiency in risk modelling tools and quantitative analysis. Bring examples of how you've improved methodologies or calculated market risk exposures in previous positions. Real-life scenarios will make your experience stand out.
✨Excel Like a Pro
Since intermediate Excel skills are a must, practice using VBA and Macros before the interview. Be ready to explain how you've used these tools to streamline processes or enhance reporting accuracy. It’s all about showing you can hit the ground running!
✨Understand the Business Context
Familiarise yourself with the specific market risks that the bank faces. Research recent trends in the financial services industry and be prepared to discuss how they might impact the role. This shows you’re proactive and genuinely interested in the position.
