Background:
The bank is a leading global financial services firm providing investment banking, securities and investment management services to a substantial and diversified client base that includes corporations, financial institutions, governments and high-net-worth individuals.

The bank has a long sustained a commitment to hiring and training outstanding leaders.  Our business principles are rooted in integrity, a commitment to excellence, innovation and teamwork.  These values enable us to execute successfully a business strategy that is focused on extraordinary client service and superior long-term financial performance for our shareholders.

We conduct our business in increasingly complex markets. Our people must continually find new ways to provide access to capital, manage risk and provide investment opportunities for our clients to enable them to realise their goals.  We judge ourselves on our ability to help clients anticipate and respond to changing market conditions and to create opportunities that merit the trust they place in us.

The role:
The MRMA department is made up of the following groups:
-Market Risk Analysis: Responsible for measuring, analysing and reporting of market risk, including monitoring adherence to limits,
-Market Risk Strategies: Responsible for designing and implementing market risk measurement models and for approving pricing models used in the firm. The group is comprised of two teams Risk Modelling and Derivatives Analysis,
-Corporate Risk: Responsible for calculating and reporting the firm's market risk to Regulators.

This role is within the Market Risk Analysis team and provides risk information to senior management in the European and New York regions. On a daily basis, the team is responsible for calculating a range of risk measures by independently re-pricing positions in the firm's portfolio. They add value by combining these results with an understanding of the products in the portfolio and how market moves may translate into P&L. Their experience allows them to monitor information from many different sources (market and economic research, news wires, trading summaries) to identify items potentially relevant to the firm's risk positions. They report market risk information to external bodies and participate in evaluating and introducing new products and businesses.

Responsibilities:
-Ensuring appropriate coverage of large equity business trading both franchise and proprietary positions covering a range of vanilla and exotic products,
-Gain exposure and improve understanding of a wide range of equity products and trading strategies,
-Improve knowledge base via close interaction with traders and trading strategists,
-Gain exposure to cutting edge market risk management techniques and systems,
-Freedom to innovate in design of risk reports and risk measures,
-Dedicated risk technology & strategist support.

Ideal Profile:
-A minimum of 3 years experience in a desk facing market risk role, not necessarily equity based, or a similar risk and product focused role in an area such as product control,
-Good understanding of how changes in pricing inputs impact valuations for a range of products,
-Some knowledge of derivative pricing models would be useful,
-Some exposure to proprietary trading strategies in the equities space would be useful,
-Thorough  knowledge of a wide range of market risk measures (VaR, stress tests, greeks) with the ability to explain & advise on their usage,
-Evidence of innovation in producing risk measurements and metrics,
-Strong numerical skills (degree backgrounds of existing team are mostly engineering or a pure science),
-Proven problem solving ability and control mentality,
-Desire & ability to communicate complex issues/information directly with senior risk and trading management,
-Desire & ability to engage with desk and market risk strategists to improve our risk measures,
-Basic programming ability such as macros and/or scripting,
-elf motivated team player.

Competencies:
-Functional Expertise-Keeps up-to-date with emerging business, economic, and market trends,
-Technical Skills-Demonstrates strong technical skills required for the role, pays attention to detail, takes initiative to broaden his/her knowledge and demonstrates appropriate financial/analytical skills,
-Drive and Motivation-Successfully handles multiple tasks, takes initiative to improve his/her own performance, works intensely towards extremely challenging goals and persists in the face of obstacles or setbacks,
-Client and Business Focus-Effectively handles difficult requests, builds trusting, long-term relationships with clients, helps the client to identify/define needs and manages client/business expectations,
-Teamwork–Gives evidence of being a strong team player, collaborates with others within and across teams, encourages other team members to participate and contribute and acknowledges others' contributions,
-Communication Skills-Communicates what is relevant and important in a clear and concise manner and shares information/new ideas with others,
-Judgement and Problem solving-Thinks ahead, anticipates questions, plans for contingencies, finds alternative solutions and identifies clear objectives.  Sees the big picture and effectively analyses complex issues,
-Creativity/Innovation-Looks for new ways to improve current processes and develop creative solutions that are grounded in reality and have practical value,
-Influencing Outcomes-Presents sound, persuasive rationale for ideas or opinions.  Takes a position on issues and influences others' opinions and presents persuasive recommendations.

All applications by mail.