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The Risk Analyst (VP or AVP) for Credit Products provides independent risk oversight of Credit market and municipal businesses within ICG’s Global Credit Markets Trading. These businesses cover a wide number of trading desks across a range of traded credit products, including corporate bonds and CDS, municipal bonds and CDS, correlation and synthetic tranche credit derivatives, amongst some complex and high risk trading portfolios within ICG.
Work with each trading desk to ensure that all relevant market risk factors are properly identified and formally captured in official risk systems
Develop and maintain an appropriate independent market risk limits framework with applicable limits and triggers, and independently monitor business compliance with the firm’s market risk-related policies. Oversee risk exposure measurement and limit monitoring processes to ensure integrity and appropriate independence of reporting
Assist in using and developing credit product and muni product risk reporting and a suite of analytical tools. Develop prototype, and excel or other quantitative tool based analysis.
Prepare presentation and management information deck, communicate key market, product, and risk intelligence to seniors and management
Lead Permitted Product strategic development and compliance control framework
Actively participate in the development of business-level stress testing that properly considers risk concentrations by single issuer, risk rating, sector/industry and geography; review results and determine appropriate follow-up actions
Actively participate in the ongoing development, implementation and upgrade of risk systems including CRMR/VaR, CRMR/Issuer risk, LimitCentral/Volcker, LimitCentral/issuer risk
Small BAU tasks/projects which constitute direct integration with trading businesses and market in general, a fantastic learning opportunity for credit market and products
Well defined mid to long term projects in working with senior mentors that require technical skills and strategic planning, enabling development in analytical capacity and critical thinking
By being exposed to the wide-range of financial instruments traded across credit markets, the role will enable the successful candidate to get a deeper understanding of the markets in which these products operate while at the same time gaining direct exposure to traders, research, Finance and Technology in addition to many other areas of Risk Management.
As a quantitative discipline sitting close to the market and in the middle of credit and market risk areas with highly technical assignment, our group provides fundamental and direct opportunities to enable risk analyst in developing skills required in credit, quantitative, reporting and project management.
Gaining deep understanding of some of the most complex credit trading products including correlation trading and bespoke synthetic tranche trading
A master degree in a quantitative or financial discipline.
Candidate should be a self-starter, analytical inclined, proficient and extremely comfortable in VBA, Excel and other related systems, be able to generate analysis in using system independently and with help of risk reporting team, be able to solve complex problem in a consistent as well as pragmatic way. Be able to assess real time risk associated complex transactions.
Natural curiosity, intellectual capacity
Good communicator, proficiency in PPT
Good in excel/VB, technical confident
Attention to detail and strong analytical skills
Sound computing skills essential, prior programming and/or database management experience a plus
Ability to transform complex topic into impactful stories using presentation
Advanced interpersonal and communication skills given the need for frequent interaction with senior management across both business and control functions
Readiness to use initiative with limited supervision
Ability to work well in groups and flexibility in addressing a number of projects simultaneously
Willingness to resolve conflicts and work well under pressure
Ability to evaluate both strategic and tactical issues related to the business
|Location:||United States New York New York|
Banking and Financial Services
PLEASE! No enquiries from Recruitment Agencies or Headhunters.
Only direct applications will be considered.