Job#: 3030562 Job Description: Market Risk Analyst
Location: Jersey City, New Jersey (Onsite)Contract Duration: 12 MonthsEmployment Type: ContractRole Overview
This role with the Market Risk Technology team offers an opportunity to work closely with senior business stakeholders in the Global Portfolio Analysis, Global Risk Analytics, and Global Market Risk teams. The position involves building subject matter knowledge on Market Risk exposure management for the Global Markets business across all asset classes and having delivery responsibility for funded initiatives driving the build-out of a next-generation Market Risk technology stack. The selected candidate will contribute analytical skills and the ability to work in global teams to deliver projects.
Key Responsibilities
- Own work streams with business and technology stakeholders to discuss business problems.
- Partner with Global Markets Financial Risk, Global Risk Analytics, and Model Risk Management for business requirements.
- Propose technology solutions to business problems and facilitate agreement with all stakeholders.
- Develop prototypes using Python, SQL, and Excel/VBA to demonstrate solutions.
- Perform data analysis using distributed computing and Big Data platforms like Apache Hadoop.
- Develop data analyses, data collection systems, and other strategies to optimize statistical efficiency.
- Identify, analyze, and interpret trends or patterns in complex data sets using statistical techniques.
- Work within an Agile SDLC methodology with Product Owners for the documentation and development of Epics and Stories.
- Own the functional design of market risk applications and facilitate agreement on technical design.
- Coordinate User Acceptance Testing (UAT) activities, releases, and migration events.
Required Qualifications
Education: A degree in Computer Engineering or Finance is required.
Experience: Experience in Market Risk, Risk, or a Front Office role is required. This includes a solid understanding of the regulatory landscape, experience with the project life cycle, and exposure to Agile methodologies. Candidates should possess experience in analyzing and validating large volumes of numerical data.
Technical Skills: Proficiency in SQL, Excel, VBA, and Python is required. Experience with ReactJS and Sybase is also necessary.
Preferred Qualifications
- Knowledge of financial markets products.
- Strong analytical, quantitative, and problem-solving skills.
- Organizational skills with efficient follow-up on open items.
Compensation & Benefits
The pay rate for this position is between $68.00 and $73.68 per hour. The specific rate will be determined based on the candidate's experience and qualifications. A benefits package may be available to eligible employees.
This employer is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, or protected veteran status and will not be discriminated against on the basis of disability.
Apex uses a virtual recruiter as part of the application process. Click for more details.
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Apex Systems is a world-class IT services company that serves thousands of clients across the globe. When you join Apex, you become part of a team that values innovation, collaboration, and continuous learning. We offer quality career resources, training, certifications, development opportunities, and a comprehensive benefits package. Our commitment to excellence is reflected in many awards, including ClearlyRated's Best of Staffing in Talent Satisfaction in the United States and Great Place to Work in the United Kingdom and Mexico. Apex uses a virtual recruiter as part of the application process. Click for more details.
Apex Benefits Overview: Apex offers a range of supplemental benefits, including medical, dental, vision, life, disability, and other insurance plans that offer an optional layer of financial protection. We offer an ESPP (employee stock purchase program) and a 401K program which allows you to contribute typically within 30 days of starting, with a company match after 12 months of tenure. Apex also offers a HSA (Health Savings Account on the HDHP plan), a SupportLinc Employee Assistance Program (EAP) with up to 8 free counseling sessions, a corporate discount savings program and other discounts. In terms of professional development, Apex hosts an on-demand training program, provides access to certification prep and a library of technical and leadership courses/books/seminars once you have 6+ months of tenure, and certification discounts and other perks to associations that include CompTIA and IIBA. Apex has a dedicated customer service team for our Consultants that can address questions around benefits and other resources, as well as a certified Career Coach. You can access a full list of our benefits, programs, support teams and resources within our 'Welcome Packet' as well, which an Apex team member can provide.
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