Job title :Market Risk (Risk Engineering) - BA
Location :NYC NY
Experience :8-10 years
Job Duties
· Our client is seeking consultants to work as a Market Risk (Risk Engineering) - BA with previous experience in Market risk & FRTB regulation.
· Monitoring VaR limits, observing risk measures and reporting any issues seen to the senior risk managers.
· Develop and perform reconciliations and DQ checks between systems using Python and SQL on the data used as the input for market risk calculations
· Help optimize the processes in place to reduce the turnaround time in the daily signoff process
· Understand the systems and the data flow and work closely with IT, MR, and developers to remediate the issues and errors
· Laise with Market risk managers, IT, Project teams to test market risk process improvements, new methodologies and analytics
· Act a SME to analyze discrepancies in market risk measurements like VaR, SVaR, FRTB SA to provide timely resolution to the daily risk issues and manage the key stakeholders.
· Facilitate new product risk management and see that there are no issues with lineage for the new products
Qualification/Desired Skills
· Excellent understanding of Market risk methodologies/analytics, risk measurement & reporting, back testing, FRTB SA regulation preferred.
· Previous experience of working on python (Numpy) and SQL.
· Ability to navigate systems, data analytics and identify discrepancies.
· Very good communication skills, fast learner and team player
· Undergraduate degree and Postgraduate in MBA or Finance