Global investment bank seeks Associate level Market risk Reporting Analyst.
Purpose of Role
You will be part of an established Risk Reporting function covering all areas of Risk - Market, Credit, Operational, and Liquidity & Stress Testing. The main focus of the team is to ensure that the bank's Risk reports accurately reflect the numbers required by Senior Management, Head Office, Front Office and Risk Management amongst others. The team is also responsible for the business ownership of risk systems, acting as a liaison between Risk IT and the Business.
You will be required to build strong relationships with various departments including Front Office, Product Control, Risk IT and Senior Management across the bank.
You will be responsible for owning the reporting numbers, providing analysis, daily sign off and raising data issues/errors. You will produce daily reporting and ad-hoc reports on a needs basis. You will be expected to proactively manage this reporting book. Ensuring timely & accurate delivery of daily risk reports produced for Risk Management
Monitor data quality controls associated with the inputs and outputs from the risk systems (this will include investigation of issues and reporting against the firm's KRI framework);
Reports will be presenting the to the Risk Managers, Head Office and Front office as required, and liaison as required;
Ownership of excess management, monitoring the firm's exposure against the limits framework. You will manage this process and work with the Risk Managers to validate any excesses.
Creation and maintenance of procedures and reporting documentation.
This will require you to have a deep understanding of all inputs to the Risk calculations and the various data challenges faced by the department. You will work closely with upstream data providers to validate and analyse any data changes. Working closely with the Risk Managers and Risk IT you will take ownership of methodology and system changes, providing impact analysis and UAT when required.
You will be involved in the new product process, evaluating the impact on systems and risk data.
Morgan McKinley is acting as an Employment Agency and references to pay rates are indicative.