Market Risk/Product Controller

Job Description

An exciting opportunity has arisen to join a global investment bank in a Market Risk/Product Controller position. You will initially be part of a team of 5 responsible for the Product Control of the Credit, Rates and FX businesses. The business lines covered are Emerging Markets Structuring and Credit Trading, Developed Markets Structuring, and Emerging Markets FX & IR. You will need strong analytical skills, strong understanding of Market Risk components, a necessity for solid communication skills, good interpersonal skills and an exceptional team player.

Role/Responsibilities

- You will report directly to the Head of Product Control for Credit, Rates and FX Products. There is to be a core role and a rotating role for cover and cross training purposes.

- Daily, Weekly and Monthly P&L commentary explaining significant movements in P&L and Risk.

- Performing Independent Price Valuations

- Reserves calculation and adequacy review

- Seek process improvements and consistency, automating as much functionality as possible.

- Understanding the market risk profile of the products, strategies and portfolios

- Ensuring compliance with all relevant bank policies.

- Project participation. Market Risk Management Product Control are involved in a number of local and global projects. The role will involve participation in a number of these projects.

- The individual is expected to engage with the traders on a regular basis.

- Focus on Credit, Rates and FX Products

Skills

- Degree level, with strong quantitative background (post-grad degree in Mathematics or equivalent is desirable)

- ACA, ACCA, CIMA (or part qualified) or other equivalent professional qualification

- Market Risk experience

- Experience of Credits products, - CDS, FTD, CLN, Credit Indexes

- Good Excel skills including VBA coding.

- Experience in usingSummit

- Experience with HVaR

- Good communicator with staff at all levels, particularly with ability to challenge traders on their positions, breaches.

- Ability to work with front office and understand new strategies.

To apply for this position as a Market Risk/Product Controller you must have the experience as outlined above and be an excellent communicator. You should have a strong ability to multi task and be comfortable working under pressure. This is an excellent opportunity to join a well respected investment bank.