At a Glance
- Tasks: Manage risk indicators, produce reports, and ensure data quality in a dynamic trading environment.
- Company: Join a leading financial institution focused on innovative risk management solutions.
- Benefits: Competitive salary, professional development, and opportunities for career advancement.
- Other info: Collaborative team culture with excellent growth potential in the finance industry.
- Why this job: Be at the forefront of risk management and make a real impact in the financial sector.
- Qualifications: Strong analytical skills, experience with Excel, VBA, SQL, and a background in science or math.
The predicted salary is between 50000 - 60000 £ per year.
Main missions include:
- Producing and reporting all indicators specified in Risk Mandates, including qualitative indicators such as authorized products and currencies, and quantitative limits such as Notionals, Sensitivities, and Risk Indicators (VaR, sVaR, Stress Tests, SRAB/Volker indicators) on a daily basis.
- Communicating with Front Office and Risk Management in case of limits breaches and loss alerts.
- Day-to-day interaction with trading operators.
- Producing and certifying daily P&Ls, including Economic P&L, Actual P&L, Hypothetical P&L, and Risk Theoretical P&L.
- Analysing and explaining daily/weekly P&L variations.
- Producing regulatory VaR & RIM Backtesting components and exception reports.
- Computing market risk reserves and reporting their variation on a monthly basis.
- Computing Day One for new 'unobservable' transactions and the amortization of Day One stock.
- Certifying the CCA, XVA and managing their analytical allocation to business lines.
- Reporting economic P&L to relevant departments and stakeholders within Natixis and BPCE.
- Producing dashboards for Senior Management on a daily, weekly, and monthly basis.
- Consolidating all Risk Reports on Natixis UK and consolidated desks levels.
- First level analysis and limit consumption control.
- Preparing support documents for head office Market Risk Committees and EMEA Market Risk Committees.
- Contributing to the New Product New Activity Committee for matters related to Risk Monitoring Teams.
- Ensuring that market data controls are effective, automated, and documented.
- Guaranteeing the marking and complete review of parameters implied from Totem prices consensus or other market prices.
- Determining whether pricing parameters are ‘observable’ for combinations of underlyings and payoffs.
Required Skills/Qualifications/Experience:
- A quantitative background in science, math, or engineering.
- Previous experience in Commodities is a plus.
- Financial market knowledge on derivative products.
- Excellent knowledge of Excel, VBA, and SQL.
- Good presentation and synthesis skills.
- Detail-oriented with the ability to work independently and communicate effectively.
Risk Framework Officer in London employer: Natixis NY Branch
At Natixis NY Branch, we pride ourselves on fostering a dynamic work environment that encourages innovation and professional growth. As a Compliance Surveillance Intern, you will gain invaluable experience in the financial sector while working alongside industry experts in a collaborative culture that values your contributions. Our commitment to employee development is matched by our competitive benefits package, making us an excellent employer for those seeking meaningful and rewarding careers in finance.
StudySmarter Expert Advice🤫
We think this is how you could land Risk Framework Officer in London
✨Tap into Campus Networks
If you're still in uni, don’t forget to engage with your campus's career services and attend finance-related events. Banks often do presentations and recruitment drives on campus, so put yourself out there and make use of these opportunities to show off your passion for the field.
✨Get Certified
Consider pursuing relevant certifications like the CFA or ACCA while you’re job hunting. They not only beef up your CV but also connect you with professional bodies which can lead to networking opportunities and even job openings in banking and financial services.
✨Connect on Professional Platforms
Join finance-focused groups on platforms like LinkedIn and engage in discussions. This can really help you stand out from the crowd, allowing potential employers to see your knowledge and interest in industry trends. Plus, you might stumble upon job postings shared exclusively within the group.
✨Apply Directly and Be Proactive
Don’t shy away from reaching out directly to firms like Natixis NY Branch. Use their websites and apply through them, but also consider following up with a polite email to express your enthusiasm. Being proactive can make a huge difference in getting noticed in the competitive financial services sector.
We think you need these skills to ace Risk Framework Officer in London
Some tips for your application 🫡
Show Off Your Numbers!:In the banking and financial services world, quantifiable achievements are key. Make sure your CV highlights your grades in relevant subjects, any financial certifications you hold, and specific projects where you've delivered measurable results. Employers love to see how your skills translate into real-world success.
Tailor Your Cover Letter to the Role:When applying for a full-time position, your cover letter should make a direct connection between your experience and the job description. Don't just state your enthusiasm for finance—dive into how your background in banking or financial analysis sets you apart. Let your passion shine through while being specific about what you can bring to Natixis NY Branch.
Include Relevant Financial Software Experience:If you've worked with financial modelling tools or software like Excel, SAP, or specific analytical tools during your studies or internships, bring that up! Highlighting your proficiency can really make your application pop and show you're ready to hit the ground running in a full-time role.
Research and Reflect:Before hitting that 'apply' button on Natixis NY Branch's website, do a little digging. Look up their recent projects, values, and culture. Reflecting their ethos in your application can make a huge difference and show you’re genuinely interested in being part of the team!
How to prepare for a job interview at Natixis NY Branch
✨Brush Up on Financial Analysis Skills
Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with Natixis NY Branch.
✨Prepare for Case Studies
Expect to tackle case studies that demonstrate your problem-solving skills in real-world banking scenarios. Familiarise yourself with the types of problems you might face—think risk assessments or investment evaluations—and be ready to articulate your thought process clearly.
✨Show Your Passion for Finance
Since this is a full-time position, employers at Natixis NY Branch will be keen to see your genuine interest in finance. Be prepared to discuss recent industry trends or news articles that excite you, showcasing your enthusiasm and engagement with the field.
✨Network with Industry Professionals
Before your interview, reach out to current or former Natixis NY Branch employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.
