Market Risk Associate, Senior Analyst

Warszawa, Poland
Ref: R-00097292 Contract: Full Time Posted: 07/01/20 Closes: 28/02/2020

Join us as a Market Risk Associate, Senior Analyst

  • Joining our Market Risk team, we’ll look to you to manage the market risk for NatWest Markets' treasury and banking book portfolios
  • This role is a chance to join the risk function of a newly non-ring fenced bank, helping to set up the market risk management framework for Treasury and Banking Book functions
  • Joining a collaborative team environment, you'll gain valuable exposure to a range of teams and functions and the chance to develop your knowledge in the market risk area

What you'll do

As a Market Risk Associate, you’ll be building your knowledge of financial markets, investment strategies, liquidity management and key income drivers. You'll carry out a range of daily activities, including reviewing risk reports and limit use, investigating any limit breaches and escalating as appropriate, and preparing and documenting limit sanctions. Additionally, you’ll be improving risk capture for positions held by the business, as well as making sure risk is accurately represented in the market risk systems and the control framework is effective.

You’ll also be:

  • Reviewing and challenging the business’s strategies at both micro and macro level
  • Highlighting and escalating issues or unusual trading activity
  • Designing, implementing and documenting stress testing methodologies
  • Maintaining the interaction between market risk and the relevant businesses
  • Delivering high quality risk information to relevant stakeholders
  • Participating in market risk management and understanding liquidity management for a trading book

The skills you'll need

To succeed in this role, you’ll need a sound background in traded instruments and practices, together with their application to risk mitigation in the so-called non-traded or banking book space. You’ll also need market risk experience, paired with an understanding of liquidity management for a trading book.

You’ll also need:

  • Experience of setting up and managing market risk frameworks
  • Knowledge of interest rate risk in the banking book, asset and liability management
  • Accounting and balance sheet knowledge
  • Detailed knowledge of market risk management techniques and an understanding of the products traded by the relevant businesses
  • A good understanding of relevant regulations and standards, including CRD IV, notably IRRBB and IFRS9
  • Strong communication skills, including good English skills