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Risk Management Expert - London
Risk Management Expert - London
One of the leading providers of risk management services is looking to recruit Risk Management Experts across Credit Risk, Market Risk, Liquidity Risk and Operational Risk. You will play a key part in launching a new internal qualification. The role will involve; hand on training of financial services professionals in current methodologies, techniques and industry standards.
Role/Responsibilities
• Training of financial services professionals in current methodologies, techniques and industry standards
• Creating case studies for completion but candidates on the programme
• Writing the curriculum for the qualification
• Setting exam material
• Play a key part in launching this qualification
Skills
• To apply for the role you should have substantial industry experience in one or more of the following areas:
- Credit Risk
- Market Risk
- Liquidity Risk
- Operational Risk
• Recent industry experience is essential
• Strong understanding of Risk Management principles and regulatory requirements
• Previous risk training experience would be advantageous
• Strong academic background would be highly desirable
• Ability to train others on technical methodology
To apply you should be an excellent communicator with strong people skills. This would be an excellent opportunity to join a market leader in a newly created team hence offering fantastic potential as the area grows. Excellent remuneration is offered for this position along highly desirable working hours with a good work life mix.
If you feel you have the necessary skills to fulfil this position and would like to have a confidential discussion about the role in more detail then please get in touch with Lauren Cavalli on 0207 557 7289.
Credit Risk Analyst – Commodities London
Credit Risk Analyst – Commodities London
An excellent opportunity has arisen for an experienced Credit Risk Analyst to join a well respected investment bank. You will be responsible for conducting initial credit assessments for a wide-ranging portfolio of new counterparties, to make credit limit recommendations and to facilitate the negotiation of credit terms in new master trading agreements.
Role/Responsibility
• Analysis of counterparty credit risk
• Analysis of global and regional market events
• Monitor the Bank's exposure against country, counterparty and product limits
• Provide structuring advice and credit approval on transactions.
• Manage the credit exposure of the Bank's derivative and loan portfolio.
• Ensure global risk and management reporting systems are timely and accurate.
Skills
• Strong corporate credit analysis skills, ideally also with previous experience of working in a commodities credit risk function.
• A solid working knowledge of commodity-related industries (utilities, oil and gas, pipelines, metals and mining and trading companies).
• Experience of due diligence, exposure to various forms of documentation, finance and accounting, standard derivative instruments is expected.
• Experience in an investment banking environment is a positive.
• Qualified to degree level (or equivalent) in a finance or accounting discipline.
• An MBA, advanced degree in finance or accounting, or a CFA qualification (or equivalent) would be advantageous.
To apply for this role you will need to possess the relevant experience as listed above and have excellent communications skills and the ability to operate in a high pressured environment. This is an exciting opportunity to join a top tier investment bank in a growing team which offers excellent career progression.
To apply for this role you must be eligible to work within the U.K
Mortgage Sanctioner / Credit Analyst - London
Mortgage Sanctioner / Credit Analyst - London
An excellent opportunity has arisen for a Mortgage Sactioner / Credit Analyst to join a well respected European investment bank. You will be responsible for credit risk structuring of transactions and sanctioning covering the Regulated Mortgage segment as well as Non Regulated and Trust mortgages, providing credit input and expertise to the segment relationship teams.
Responsibilities
• Deliver a credit service that ensures achievement of the teams risk and business objectives, ensuring the optimal quality of the credit portfolio by application of best practice in decision-making.
• Ensure the highest standard of credit quality through the structure, sanctioning, monitoring and control of credit applications and maintenance of these standards both personally and as part of the Credit Risk Team.
• Provide professional advice on industry and product specialism and competitor activity where appropriate.
• Exercise judgement and discretion in the evaluation and approval/decline of credit proposals, which lie outside credit policy as well as those within.
• Responsibility for personal adherence to governance, compliance and lending portfolio controls.
• Deliver service in line with SLA's agreed with business segments.
• Work with business colleagues at a preliminary stage to ensure effective development and delivery of bespoke Risk solutions for customers as appropriate.
Skills
• Excellent technical credit sanctioning skills, along with business awareness and specific industry awareness.
• Detailed knowledge of risk management policy, procedures and pricing.
• Knowledge of credit policies, pricing and strategies relative to the credit function and also credit related product knowledge.
• Experience in Regulated Mortgage credit assessment and the ability to maintain high volumes whilst analysing each deal based on its own merits.
• Excellent negotiation and influencing skills with the ability to work under pressure and to tight deadlines in a very rapidly changing environment.
To apply for this role you will need to possess the relevant experience as listed above and have excellent communication and presentation skills. This is an exciting opportunity to join a well respected European investment bank in a growing team which offers excellent career progression.
To apply for this role you must be eligible to work within the U.K
Risk and Quant Recruitment Consultant
Risk and Quant Recruitment Consultant
Morgan McKinley
Morgan McKinley, a leading recruitment specialist within the financial services sector, is looking to hire an experienced risk and quant consultant to work as part of their market leading Credit, Risk and Quant Finance team.
You will have the opportunity to take on a portfolio of Banking and Non Investment Banking Institution clients, with whom the business already has very strong relationships with. There will also be required to business develop new clients.
If you are a proven biller within financial services recruitment with an interest in the risk management sector, and looking to join a desk not only to work alongside ex professionals, but who are also very successful and highly respected in this market, please don’t hesitate to call Hakan Enver on 0207 557 7273 or drop an email to henver@morganmckinley.com.
Credit Risk Systems Business Analyst - London
Credit Risk Systems Business Analyst - London
An excellent opportunity has arisen for an experienced Credit Risk Systems BA to join a top tier investment bank.
You will be responsible for performing business analysis for a number of different workstreams. The workstreams will mostly be concerned with the measurement of credit exposure by Monte Carlo simulation, but may also be concerned with pre-deal checking of credit limits, workflow to manage limit excesses, and related areas.
Responsibilities
• Writing business requirements documentation for credit risk systems.
• Reviewing functional specifications and prototypes produced by Risk IT to ensure they satisfy business requirements and are fit for purpose.
• Writing and executing quantitative and functional test scripts for User Acceptance Testing (UAT), to ensure the effective delivery of high quality systems.
• Engaging with stakeholders across multiple business areas, including Credit Officers, Credit Risk Analytics, Risk IT, Finance, Portfolio Management, Traded Products Exposure Measurement and other user groups.
• Take ownership of several stages of the implementation lifecycle, from requirements gathering and documentation, to testing and support of implementation activities.
Skills
• Educated to degree level (or equivalent) in a quantitative, mathematical or financial discipline.
• Credit Risk BA experience with a top tier investment bank.
• Experience and awareness of financial risk management techniques and methodologies, such as Monte Carlo simulation to measure credit exposures, work-flow to manage limit excesses, and credit risk models for Probability of Default (PD), Loss Given Default (LGD) and Exposure At Default (EAD).
• Thorough system development lifecycle experience e.g. planning, requirements gathering, design documentation, testing and roll-out.
• Experience of working within a credit risk environment as an end user.
• Credit risk techniques and best practices including trading and banking book product knowledge.
• Willingness to take ownership and pro-actively drive workstreams forward to successful completion.
To apply for this role you will need to possess the relevant experience as listed above and have excellent communication skills and the ability to deliver timely and high quality project work.
This is an exciting opportunity to join a top tier investment bank in a growing team which offers excellent career progression.
To apply for this role you must be eligible to work within the U.K
Market Risk Analyst - London
Market Risk Analyst - London
An excellent opportunity has arisen for an experienced Market Risk Analyst to work within the equity rates team of a top tier investment bank. You will be responsible for weekly and monthly reporting as well as development of new scenarios and ad hoc analysis.
Role/Responsibilities
• Manipulation of trade valuation models to produce scenario analysis information.
• Analysis and review of scenario results, focusing on understanding behavior 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.
• Development of new scenarios to address risks not adequately captured within existing risk management framework or new risks as they arise.
Skills
• Experience within Banking, Market Risk with strong emphasis on reporting is essential.
• Ability to build a practical understanding of complex pricing models and analytics.
• IT literate, able to build an understanding of risk management systems used in the group and in the Front Office.
• Excellent Analytical skills to understand complex products and businesses.
To apply for this role you will need to possess the relevant experience as listed above and have excellent communications skills and have the ability to meet tight deadlines. This is an exciting opportunity to join a top tier investment bank in a growing team which offers excellent career progression.
To apply for this role you must be eligible to work within the UK.
Risk Analyst (Finance and Risk Control) - London
Risk Analyst (Finance and Risk Control) - London
Risk Analyst (Finance and Risk Control)
An excellent opportunity has arisen for an experienced Risk Analyst to join a well respected investment bank. The role will involve detailed analysis and solution of the Global Risk Weighted Assets and Economic Capital results for the business. This will involve reviewing trade portfolios, trade structures and individual trades to ensure that the correct capital is being allocated using a mix of in-house systems, Excel and MS Access based tools
Roles/Responsibilities
• Contribute to on-going projects.
• Prepare reports and explain analysis for key stakeholders including front office business management.
• Calculation of a wide range of regulatory, financial and risk reporting metrics both to internal and external audiences.
• The main calculation models cover Basel 2 Risk Weighted Assets, Economic Capital, General Value Adjustment & large loan exposures.
Skills
• Detailed understanding of Basel 2 is essential.
• Product knowledge covering derivatives is essential.
• Tier 1 Investment Bank background preferred.
• Commitment and drive with excellent attention to detail.
• Self-motivating.
• Very good MS Excel skills - VBA is highly desirable.
• Part-qualified accountant (or equivalent) would be advantageous.
To apply for this role you will need to possess the relevant experience as listed above and have strong communications skills both orally and written. This is an exciting opportunity to join a top tier investment bank in a growing team which offers excellent career progression.
To apply for this role you must be eligible to work within the U.K
Quantitative Market Risk Analyst - London
Quantitative Market Risk Analyst - London
We are looking for a quantitative analyst to join the Risk Methodology group in London for a large European investment bank. You will need to have specialised in the measurement of market risk. There are two main areas,
• Risk Methodology, which is responsible for the development and specification of the quantitative methodologies used for measuring market risk, including Value at Risk (VaR).
• Model Validation, which is responsible for independent validation of the pricing models used by the firm, for P&L and risk sensitivity reporting purposes.
You will be aligned to a particular business area, and will be required to provide quantitative support to those needs identified by the business cluster manager. Each analyst also participates in regular business meetings led by the relevant cluster manager.
The major responsibilities of this role relate to the development and specification of quantitative methodologies, which are used to measure market risk. The following responsibilities for the specific cluster/business line analysed will be to:
• Ensure that all risk models are adequately documented for both internal and external (e.g. regulatory) purposes.
• Develop and specify the firm's Value at Risk (VaR) model.
• Understand the products traded and trading strategies used.
• Identify all sources of market risk.
• Ensure that any risk not captured by the VaR model is measured within the Risks-not-in-VaR framework.
• Support the development and specification of the Economic Risk Capital (ERC) model.
• Collaborate closely with the Model Validation group to ensure that the risk sensitivities used for risk calculations are appropriate.
• Collaborate closely with the data team to ensure that the historical data used in VaR or ERC calculations are appropriate.
• Ensure that any changes to methodology are appropriately project-managed for implementation.
It is essential that you have extensive experience in the preparation of financial documentation, suitable for presentation to senior management and regulatory bodies. You must be able to explain complicated concepts clearly to all stakeholders, both through written documents and direct interactions and you should also have a very good understanding of financial securities, and in particular an understanding of derivative instruments and the risks they generate.
Administration Assistant - Risk
Administration Assistant - Risk
new prestigious investment bank
Are you an administrator looking for career progression? Interested in developing a career in Risk Management in one of th worlds biggest investment banks? If so then read on, this could be the opportunity you have been waiting for...
Responsiblities
Reporting to a Senior Risk Manager, you will be responsible for providing administrative support to the entire Risk Management team.
- You will be responsible for the day-to-day administration of the function in the accomplishment of its tasks.
- This will include assistance in arranging the regular and ad hoc meetings required in the risk governance process, the preparation and co-ordination with all those involved, particularly whenever team members are travelling.
- You will be responsible for making travel arrangements for the team as and when required
- You will assist the Deputy Global Head of Risk Management in the tasks required to ensure the smooth-running of the financial and budget routines, the HR processes necessary in the life of the function and to facilitate the regular sharing and communication of key information related to the business.
- In addition to the tasks above, and where time and the relevant knowledge requirements allow, you will be requested to provide support to Credit & Risk projects and initiatives as they arise from time to time. You will be encouraged to participate actively in the life of the function and to take on additional areas of responsibility wherever practical and appropriate.
Experience and skills required:
- You will be very well organised and possess good administrative skills
- You will have an ability to work under tight time pressure and deadlines in support of commercial needs
- You will demonstrate an enquiring mind and a willingness to learn new tasks.
While initially an administrative role, this position is designed to provide opportunity to someone willing to learn and progress in the risk function by becoming involved more actively in the day-to-day tasks involved
Credit Risk Modeller - London
Credit Risk Modeller - London
An excellent opportunity has arisen for an experienced credit risk modeller to work within a leading Wealth Management company. You will be responsible for the development and implementation of Probability of Default (PD), Loss Given Default (LGD), and Exposure at Default (EAD) models that meet Basel 2 standards.
Roles/Responsibilities
• Reviewing, validating, implementing and developing existing PD/LGD/EAD models that meet Basel 2 Standards
• Improving existing models and enhancing PD/LGD/EAD and impairment models
• Credit Portfolio analysis and data management
• Identifying inputs for robust model development
• Communicating credit risk models and measurements with different stakeholders
• Involved in developing new models
• Documenting business processes and working on projects involving process changes will be required.
Skills
• Qualified to BSc level or (equivalent) in a quantitative, mathematical or numerical discipline, MSc/PhD level education (or equivalent) would be advantageous
• Previous credit risk modelling experience is essential
• Experienced with models and methodology concerning PD, LGD, EAD
• Experience of Advanced Internal Ratings Based (AIRB) models would be a distinct advantage
• Experience within wholesale or retail banking is highly desirable
• Knowledge of Risk Weighted Assets (RWA), Economic Capital, Risk Adjusted Return on Capital (RAROC) / Return on Economic Capital (ROEC) and credit portfolio analysis required
• Relevant experience in applying risk measurement techniques in an analytical role
• VBA, C++, C# and SAS would be advantageous.
• An understanding of the FSA and other approaches to bank regulation particularly relating to Credit Risk and an understanding of quantitative and statistical modeling is essential
To apply for this role you will need to possess the relevant experience as listed above and have excellent problem solving and decision making skills combined with influencing and negotiating skills. The client is looking for candidates with a range of experience and will consider candidates at all levels as there are several openings.
The client offers attractive remuneration for these positions and excellent potential for development and growth within the business.