Market Risk Business Analyst - Investment Bank

  • £550-650
  • London, England, United Kingdom London England GB
  • Contract, Full time
  • JBM Consulting Ltd
  • 09 Aug 18 2018-08-09

JBM are urgently seeking an Associate contractor for a leading Investment Bank in the Market Risk space. This 6 month contract opportunity is in partnership with a leading Boutique global consultancy and will focus on Prudent Value Adjustment review across Global Markets. £550-£650 per day

The full duties of the role entail:

• Performing a rapid review of the PVA (prudent value adjustment)/FVR (fair value adjustment)/MPA (market parameters adjustment) framework across Global Markets

• Identify areas for improvement, associated with materiality and priority metrics 

• Confirm plan and timeline of improvement works with RISK GM management

• Contribute to improvement work on key priority areas

• Ensure visibility and transparency of work progress and overall status 

Desirable Experience: 

Asset Class knowledge across Equity Derivatives and G10 Interest Rates, but also including FX, Local Market Rates, Commodities and Credit Derivatives. There will be a full range of products covered, from delta-one to vanilla option to exotic.

Essential Experience

5 Years + Market risk experience across asset classes - experience in Equity Derivatives (EQD) and Interest Rate Derivatives (IRD) at the very least.

- Experience of Prudent Value adjustment methodologies and calculation, as well as an understanding of the regulatory requirements in this area

- Knowledge of Fair Value reserve and price testing methodologies and calculation.

You must be available to interview before close of play 13th April, with a view to starting in the next fortnight.