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Market Risk BA
Ref No.: 18-00584
Location: nyc, New York
Client is risk management philosophy is the execution of risk-adjusted returns through prudent risk-taking that capital base and franchise. The Market Risk Department of Firm Risk Management provides independent oversight of the Firm's trading and banking activities.
Background on the Position

seeks a professional at the analyst/associate level to work within the Market Risk Department, based in New York. The candidate will join the coverage team for asset liability management risk, which is primarily responsible for identifying, assessing, and monitoring interest rate risks related to banking book and corporate treasury activities as well as establishing limits to express the Firm's appetite for interest rate risk relative to its capital and earnings profile.

Primary Responsibilities

-Identifying, assessing and monitoring interest rate risks related to banking book business activities, such as Net Interest Income (NII) and Economic Value of Equity (EVE)

-Maintaining active dialogue with business units, treasury, risk management colleagues, and other groups regarding business strategies, risk representation, and limit compliance

-Collaborating with senior business professionals in enhancing planning, stress testing, and limit setting

-Innovating ways to identify key risks/concentrations and implement processes to actively monitor these risks

-C ommunicating results of analyses with relevant stakeholders

- Preparing and presenting briefings to senior management, Boards, and Regulators on key risk issues on a regular basis

-Liaising with Treasury, business personnel and risk managers to ensure the appropriateness of the representation of interest rate risk

Qualifications

Skills required (essential)

-Strong understanding of interest rate risk and financial products

-Quantitatively oriented with strong intuition and ability to make judgments based on incomplete data

-Ability to synthesize complex problems and conceptualize appropriate solutions

-Proactive with the ability to work as both part of a close-knit team and independently

-Strong IT skills are required to facilitate data analysis; competence MS Excel, VBA and SQL is required

-Excellent communication skills for written, graphical and verbal presentation, with high competency in PowerPoint

-Excellent academic background, preferably with a degree in business, finance or a quantitative discipline

-Previous experience working in a treasury or a risk department is advantageous