At a Glance
- Tasks: Assess and report on market risks in the financial services industry.
- Company: International corporate bank with a focus on market risk management.
- Benefits: Competitive daily rate and valuable experience in a dynamic environment.
- Other info: Temporary position based in London with opportunities for professional growth.
- Why this job: Join a leading bank and enhance your skills in market risk analysis.
- Qualifications: Strong academic background in finance or economics and experience in market risk.
The predicted salary is between 50000 - 65000 € per year.
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.
Market Risk Analyst - Banking employer: Michael Page
As a leading international corporate bank, we pride ourselves on fostering a dynamic and inclusive work environment in the heart of London. Our commitment to employee development is reflected in our comprehensive training programmes and opportunities for career advancement, ensuring that our Market Risk Analysts are equipped with the skills needed to excel in their roles. With a focus on collaboration and innovation, we offer a competitive daily rate and a supportive culture that values your contributions and encourages professional growth.
StudySmarter Expert Advice🤫
We think this is how you could land Market Risk Analyst - Banking
✨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 interviews by brushing up on your market risk knowledge. Familiarise yourself with key metrics like VaR and DV01, and be ready to discuss how you would improve risk methodologies. We want you to shine when it comes to showcasing your expertise!
✨Tip Number 3
Don’t forget to tailor your approach! When applying through our website, make sure your application reflects the specific skills and experiences mentioned in the job description. We’re all about making connections that matter, so let’s make yours stand out!
✨Tip Number 4
Follow up after interviews! A quick thank-you email can go a long way in keeping you top of mind. We believe in showing appreciation, and it’s a great way to reinforce your interest in the role. Let’s keep the conversation going!
We think you need these skills to ace Market Risk Analyst - Banking
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Market Risk Analyst role. Highlight your experience in market risk management and any relevant skills, like your proficiency in risk modelling tools and quantitative analysis. We want to see how your background fits with what we're looking for!
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 align with our needs. Be specific about your experience and how it relates to the responsibilities mentioned in the job description.
Showcase Your Analytical Skills:Since this role requires a detail-oriented approach, make sure to showcase your analytical skills in your application. Mention any relevant projects or experiences where you successfully assessed and reported on market risks. We love seeing real examples!
Apply Through Our Website:We encourage you to apply through our website for a smoother process. It helps us keep track of applications and ensures you get all the updates directly from us. Plus, it shows you're keen on joining our team at StudySmarter!
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. It’s all about showing you can handle the numbers!
✨Showcase Your Analytical Skills
Prepare examples of how you've improved risk methodologies or conducted stress testing in previous positions. Be specific about the tools you used and the outcomes achieved. This will demonstrate your hands-on experience and analytical prowess.
✨Understand the Business
Familiarise yourself with the financial services industry and the specific market risks that come with it. Research the bank's recent activities and challenges. This knowledge will help you engage in meaningful discussions during the interview.
✨Excel at Excel
Since intermediate Excel skills are a must, practice your VBA skills before the interview. Be prepared to discuss how you've used Excel for risk modelling or data analysis. Showing confidence in your technical abilities can set you apart from other candidates.
