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Job Purpose: The Risk Analyst (VP or AVP) for Securitized Products provides independent risk oversight of the securitized markets business within ICG's GSP (Global Spread Products). These businesses cover a wide number of trading desks across a range of traded products, including residential and commercial mortgage securities both agency and non-agency, consumer ABS, and loans both residential and commercial.
Work with each trading desk risk manager to ensure that all relevant market risk factors are properly identified and formally captured in official risk systems
Assist in development and maintaining an appropriate independent market risk limits framework with applicable limits and triggers, and Independently monitor business compliance with the firm's market risk-related policies. Oversee risk exposure measurement and limit monitoring processes to ensure integrity and appropriate independence of reporting
Assist in using and developing risk reporting analytical tools as needed. Develop prototype, and excel or other quantitative tool based analysis.
Prepare presentation and management information deck, communicate key market, product, and risk intelligence to seniors and management
Assist with Permitted Product strategic development and compliance control framework, aged inventory analysis, Basel Ex-Poste Reviews for Trading Book Boundary and Due Diligence, Top 10 Risk Framework
Actively participate in the development of business-level stress testing
Actively participate in the ongoing development, implementation and upgrade of risk systems including CRMR/VaR, LimitCentral/Volcker
Small BAU tasks/projects which constitute direct integration with trading businesses and market in general, a fantastic learning opportunity
Well defined mid to long term projects in working with senior mentors that require technical skills and strategic planning, enabling development in analytical capacity and critical thinking
By being exposed to the wide-range of financial instruments traded across securitized markets, the role will enable the successful candidate to get a deeper understanding of the markets in which these products operate while at the same time gaining direct exposure to traders, research, Finance and Technology in addition to many other areas of Risk Management.
As a quantitative discipline sitting close to the market and in the middle of credit and market risk areas with highly technical assignment, the group provides fundamental and direct opportunities to enable risk analyst in developing skills required in credit, quantitative, reporting and project management.
Gaining deep understanding of some of the most complex mortgage, consumer and credit trading products
A degree in a quantitative or financial discipline.
Candidate should be a self-starter, analytically inclined, proficient and extremely comfortable in VBA, Excel and other related systems, be able to generate analysis in using system independently and with help of risk reporting team, be able to solve complex problems in a consistent as well as pragmatic way. Be able to assess real time risk associated complex transactions.
Natural curiosity, intellectual capacity
Good communicator, proficiency in PPT
Good in excel/VB, technical confident
Attention to detail and strong analytical skills
Sound computing skills essential, prior programming and/or database management experience a plus
Ability to transform complex topic into impactful stories using presentation
Advanced interpersonal and communication skills given the need for frequent interaction with senior management across both business and control functions
Readiness to use initiative with limited supervision
Ability to work well in groups and flexibility in addressing a number of projects simultaneously
Willingness to resolve conflicts and work well under pressure
Ability to evaluate both strategic and tactical issues related to the business
Internal Number: 5874223
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