At a Glance
- Tasks: Join our team to monitor market risks and enhance methodologies in a dynamic environment.
- Company: A leading global investment bank based in Liverpool Street, offering exciting career opportunities.
- Benefits: Enjoy hybrid working with 3 days in the office and various corporate perks.
- Why this job: Be part of a collaborative culture, impacting market risk management while developing your skills.
- Qualifications: Experience in capital markets, strong knowledge of derivatives, and proficiency in Excel and VBA required.
- Other info: Opportunity to mentor interns and work closely with diverse teams across the organisation.
The predicted salary is between 36000 - 60000 £ per year.
A global investment bank is currently recruiting for a XVA Market Risk Associate on a permanent basis. They are based in Liverpool Street and offer hybrid working with 3 days in the office per week required. This is an exciting opportunity for someone with prior experience within the Market Risk space to join the Market Risk team in charge of XVA and Collateral Management.
In addition to the monitoring of their counterparty and funding risks, you’ll be responsible for improving the accuracy of their measures, enhancing their methodologies in a constantly evolving market and regulatory landscape, supporting the market activity monitoring teams both quantitatively and qualitatively, and ensuring a consistent framework across businesses. You’ll work closely with the business, IT, finance, model validation and market activity monitoring teams.
You will need to have proficiency in Excel and VBA. Python and SQL would be a plus as well.
Key Responsibilities- Monitor the business activity and compliance with limits and mandate
- Analyse and report market risk exposure, understand the position to anticipate potential market impacts and hot topics
- Analyse one-off, new limit and new product requests
- Ensure risks are calculated and captured appropriately
- Enhance our risk management methodologies
- Drive XVA-related projects
- Mentor intern and work in collaboration with other members of the team
- Experience in capital markets: risk department (preferably market risk), or trading
- Strong knowledge of derivatives products
- Robust understanding of market risk. Counterparty risk desirable
- Attention to detail, problem solving, autonomy, organizational skills and ability to multitask
- Ability to explain a complex topic in simple terms and manage various stakeholders
If you have the right skills and experience suitable for this position, APPLY NOW and we’ll be in touch.
XVA Market Risk Associate employer: Reed Talent Solutions
Contact Detail:
Reed Talent Solutions Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land XVA Market Risk Associate
✨Tip Number 1
Network with professionals in the market risk field, especially those who have experience with XVA and collateral management. Attend industry events or webinars to connect with potential colleagues and learn more about the latest trends and challenges in the sector.
✨Tip Number 2
Familiarise yourself with the specific methodologies and regulatory frameworks that govern market risk and XVA. This knowledge will not only help you in interviews but also demonstrate your commitment to staying updated in a constantly evolving landscape.
✨Tip Number 3
Brush up on your Excel and VBA skills, as these are crucial for the role. Consider taking online courses or working on personal projects that require data analysis and risk assessment to showcase your proficiency.
✨Tip Number 4
Prepare to discuss your previous experiences in capital markets and how they relate to market risk. Be ready to explain complex topics in simple terms, as this will be key when collaborating with various stakeholders in the role.
We think you need these skills to ace XVA Market Risk Associate
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in market risk, particularly any roles related to XVA and collateral management. Use specific examples to demonstrate your skills in monitoring risks and enhancing methodologies.
Craft a Strong Cover Letter: In your cover letter, express your enthusiasm for the role and the company. Discuss your proficiency in Excel and VBA, and mention any experience with Python or SQL. Relate your past experiences to the key responsibilities outlined in the job description.
Highlight Relevant Skills: Emphasise your attention to detail, problem-solving abilities, and organisational skills. Provide examples of how you've successfully managed multiple tasks or explained complex topics to various stakeholders in previous roles.
Proofread Your Application: Before submitting, carefully proofread your application materials. Check for any spelling or grammatical errors, and ensure that all information is clear and concise. A polished application reflects your professionalism and attention to detail.
How to prepare for a job interview at Reed Talent Solutions
✨Showcase Your Market Risk Knowledge
Make sure to brush up on your understanding of market risk, especially in relation to XVA and collateral management. Be prepared to discuss recent trends and regulatory changes in the market, as this will demonstrate your awareness and expertise in the field.
✨Demonstrate Technical Proficiency
Since proficiency in Excel and VBA is essential, be ready to discuss specific examples of how you've used these tools in previous roles. If you have experience with Python or SQL, highlight that too, as it could set you apart from other candidates.
✨Prepare for Scenario-Based Questions
Expect questions that assess your problem-solving skills and ability to handle complex situations. Think of scenarios where you've had to analyse market risk exposure or manage compliance with limits, and be ready to explain your thought process and outcomes.
✨Emphasise Collaboration Skills
This role requires working closely with various teams, so be prepared to discuss your experience in collaborating with stakeholders from different departments. Share examples of how you've effectively communicated complex topics in simple terms to ensure everyone is on the same page.