18 August 2008

(AB) Risk Advisor 9711

Risk Advisor

The role relates to responsibility for conducting market risk scenario analysis tests for the banks derivative portfolio.
This is a key risk management tool used by senior management, Front Office and RMM to monitor and manage market risk, as well as a key regulatory function. The role includes development of new scenarios and ad hoc analysis as well as weekly and monthly reporting.
Specific Responsibilities:
- Manipulation of trade valuation models to produce scenario analysis information in weekly reports to senior management
- Analysis and review of scenario results, focusing on understanding behaviour of derivative products under scenario conditions
- Liaison with Trading and Risk Managers to confirm and corroborate scenario results
- Production of scenario analysis reporting information for distribution to senior management and regulators
- Continuous review of existing control environment and processes in order to improve controls and efficiency of process
- Working with risk managers and front office to review current portfolio risks and trading strategies in order to develop new scenarios / improve current scenarios to fully address market risks
The successful candidate will be a Qualified Accountant (ACA or equivalent) and have good general finance experience, ideally a quantitative background.
Exposure to risks and markets would be an advantage.
FSS is a leading international recruitment consultancy.

Salary: £30 - £35 per hour
Contact Name: FSS
Email: job8.61109.559@crystal.aplitrak.com
Phone: 020 7390 7290