Junior Market Risk Analyst

  • Location

    London, England

  • Sector:

    Finance & Risk

  • Salary:

    £50000 - £60000 per annum

  • Contact:

    Sarah Stott

  • Contact email:


  • Job ref:


  • Published:

    about 1 year ago

  • Expiry date:


  • Start date:


  • Consultant:


Our client is looking for a Market Risk Analyst to join their Market Risk & Middle Office Team to evaluate all market risks the business is exposed to with a specific focus on London Books.

Core Responsibilities
Take responsibility for the production and communication of core Market Risk metrics, including:
Daily VAR reporting.
Stress testing.
VAR model back testing - including the development of database to house and manage VAR data.
Reporting and monitoring of Greeks exposure for option books.
Support the Market Risk team in the development of new tools and valuation models.
Provide support as necessary to the Middle Office team in the reporting of daily PnL and positions to the front office.
Assess and monitor market liquidity, utilization of open interest, and help adapt internal risk metrics to factor in liquidity risk.
Provide additional analysis and reporting requirements arising from new European regulatory requirements.
Assist in the production of reports to provide senior management with a clear view of trading performance/risk.

Experience of covering both Oil & LNG is preferable.
Highly proficient in Python & VBA. Other languages (C# for example) preferable.
At least 2 years' experience in a similar role.
Experience of Market risk reporting and analysis, VAR calculation, sensitivities & Greeks.
Soft Skills: Reliable with good time management skills; ability to interact effectively with trading teams and management and excellent written and verbal communication skills.

Also Required
Degree in a mathematical subject is required (2:1 or higher), MSc preferred.
Previous experiences: Experience in a similar role within the energy trading sector. Candidates coming from a Middle Office background with exposure to Market Risk reporting will also be considered.
Fluency in English (spoken & written