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One of the leading mid-tier international banks is looking to increase the size of their Market Risk Reporting Team.
This is a fantastic opportunity for either new graduates or individuals with limited experience in Market Risk to gain true practical experience working to understand Market Risk Management with exposure across all the asset classes and working with Historical Simulation Value At Risk (VaR).
The role will ensure candidates are honing their coding skills whether that be through VBA, SQL or Python and developing their product knowledge. More than simply churning out reports, the role offers detailed analysis across financial products for senior management.
The working environment is flexible, allowing for working from home part of the week and the office is modern and dynamic unlike other more draconian banking structures. A hugely friendly team, this will be a fantastic entry point to either a more complex risk function or trading.
Requirements:
Candidates will be expected to answer the following questions based on either theoretical knowledge or practical experience:
1) What is VaR? What are the 3 VaR methodologies and why would you use one form of VaR methodology over another?
2) What efficiencies can be created given a set of figures and processes – asking candidates to identify opportunities to automate a set of processes using coding.
3) What are the Greeks/Sensitivities and how are they calculated?
4) Tell me about a time when you had to challenge someone? What was your approach and what was the result?
Candidates must be eligible to work in the UK without the need for further sponsorship. Candidates needing sponsorship now or within 5 years need not apply.
The interview process will be 3 stages offering candidates the opportunity to meet the hiring manager, the team and HR.
We seek individuals from a diverse talent pool and encourage applicants from underrepresented groups to apply to our vacancies. Our commitment to fair recruitment processes means that we welcome applicants from all backgrounds, regardless of their lived experience or personal characteristics. We also invite applicants who meet most of the listed requirements, even if not all, to apply. If you require any adjustments to the application process, please let us know.
Barclay Simpson acts as an Employment Agency for permanent positions and an Employment Business for temporary/contract engagements.