Financial Risk Associate - VaR Reporting - New York

Compensation

: $153,865.00 - $153,865.00 /year *

Employment Type

: Full-Time

Industry

: Financial Services - Banking/Investment/Finance



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Primary Responsibilities:

Risk Control Officer to facilitate daily/weekly/quarterly Credit/Market operations and reporting process, process engineering, administration, disclosure, data mining and global Credit/Market risk Initiatives. Risk is seeking an ambitious team member to facilitate and coordinate efforts for a compilation of operations and processes, globally


Required Background:

  • Daily VaR Reporting
  • Update procedure documents as needed and document new procedures
  • Primary support on disclosure, press releases and firmwide quarterly data mining, analysis, coordination and reporting.
  • Provide support to the Credit/Market Risk Officers and work closely with global initiatives.
  • Assist in AdHoc projects pertaining to risks, risk statistics, trading activities, risk monitoring and other initiatives.
  • Involve in IT projects, database and risk infrastructure development.
  • Ability to discuss and relay information on data analysis to other risk managers.
  • Work on new projects as directed.
  • Work with market and credit data, feeds and production support.
  • Work with third-party applications concerning reporting and risk analytics
  • Utilize and learn third party pricing engines, such as Risk Metrics to execute daily functions.
  • Firmwide Backtesting
  • Prepare Risk Weekly/quarterly/monthly slides and presentations.
  • Regional regulatory and audit liaison.
  • Provide credit/market risk input into new business initiatives.
  • Monitoring counterparty exposures and performance.
  • Managing credit risk exposures, including country exposure and impaired assets.
  • Automation of existing reporting routines, reducing the risk of manual error.
  • Ownership of routine reporting ensuring that information is delivered on time, is accurate and remains relevant to the business need.
  • Knowledge of Collateral margining and legal documentation (ISDA, CSA, GMRA etc..)
  • Management reporting of credit/market risk exposures and key risk indicators
  • Must be hands-on and have the initiative to take on multiple projects, tasks and duties within a given time frame.

Qualifications

Desired Experience/Skills:

  • Bachelor''s degree required, preferably in one of the following disciplines: financial engineering, computer science (programming), programming, finance or statistical degree
  • Skills: Multitasking, Time Management, Organized, Proficient in SQL and VBA, Database, System implementation, MS Office, strong client relationships, excellent communication, desktop development is highly welcomed
  • Technical Skills: Knowledgeable to construct and develop tactical tools utilizing VBA, SQL, ODBC, Access proficient, Excel proficient, PowerPoint, desktop development. Understand financial math, risk concepts, risk operations quick learner on systems.

by Jobble


Associated topics: annuities, broker, brokerage, dow jones, equity, invest, investor, risk, stock, trader * The salary listed in the header is an estimate based on salary data for similar jobs in the same area. Salary or compensation data found in the job description is accurate.

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