Frtb Market Risk Capital Analyst - London, United Kingdom - eFinancialCareers

eFinancialCareers

Verified Company

London, United Kingdom

1 week ago

Posted by:

Tom O´Connor

beBee Recruiter

Description

Contract duration: 6 months + extension

Flexibility:
Hybrid (London)

Rate:
£850 - £1000 per day

PURPOSE:

To provide FRTB market risk capital analysis.
To help prepare global Front Office, Capital Management and Risk Management staff for the implementation of the new FRTB market risk capital regime through direct training and comparative analysis.

RESPONSIBILITIES:

**Capital Impact

Conduct regular indepth capital impact analysis of FRTB across various asset classes and various reporting levels and socialising the results with Senior Stakeholders and users.
Provide bespoke capital impact analysis and whatif scenarios in response to requests from Business and Desk Heads, Risk and Capital Managers.
Validate FRTB capital numbers generated from SIT, UAT and Production environments as required for newly implemented/modified capital models.
Reconcile, where necessary, the output from tactical and strategic system implementations.
Support Financial Markets Business in the definition of the FRTB desk structure by performing comparative capital analysis.
Summarise regular capital analysis results in intuitive charts & tables and present the content to wider audiences, including Accountable Executives, Executive and Risk Committees.

**QIS, Regulatory & Industry Engagement

Understand and remain up to date with all relevant capital regulation, local interpretation and procedures including internal and external rules applicable to the conduct of the business.
Assist in the delivery of regulatory Quantitative Impact Studies (QIS) returns for FRTB market risk, across multiple regulators.
Assist in regulatory engagement including written and verbal feedback and the drafting of specific responses to regulatory questions.
Assist in the provision of returns to industry hypothetical portfolios benchmarking exercises, including the annual ISDA benchmarking exercise and other, local regulatory benchmarking exercises.

**Training & Knowledge Transfer

Part of authoring and delivery team for FRTB Capital Insights training (for FO, CM & RM staff)
Part of authoring and delivery team for FRTB QIS tools (for FO, CM & RM staff)

**Capital Reporting

Assist in the requirements acquisition, design and prototyping of strategic FRTB capital management information system (for internal users).
Assist in the Requirements acquisition, design and prototyping of regulatory capital reporting (for external submission).

**Regulatory & Business Conduct

Display exemplary conduct and live by the Group's Values and Code of Conduct.
Take personal responsibility for embedding the highest standards of ethics, including regulatory and business conduct, across the organisation. This includes understanding and ensuring compliance with, in letter and spirit, all applicable laws, regulations,guidelines and the Group Code of Conduct.

**Diversity & Inclusion

The organisation is committed to diversity and inclusion. We believe that a work environment which embraces diversity will enable us to get the best out of the broadest spectrum of people to sustain strong business performance and competitive advantage.

By building an inclusive culture, each employee can develop a sense of belonging, and have the opportunity to maximize their personal potential.

KNOWLEDGE AND SKILLS:
_(List typical pre-requisites for high performance)_
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Technical Skills: A solid risk and pricing quantitative background with strong analysis and reasoning competency; comfortable working with a variety of programming languages (Python etc.).

Able to acquire and resolve business requirements from a diverse user base - capital management and reporting; capital optimisation; risk management; and business heads - and articulate effectively to implementation teams across quantitative developmentand technology.

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Non-technical skills: Strong stakeholder influencing, both internally with senior management as well as externally with regulators.
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Leadership and People Management: Enthusiastic team player, excellent interpersonal skills and multi-cultural awareness and sensitivity.
Flexible approach to transferring knowledge and expertise to others and continuous determination todevelop own knowledge and expertise.
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Risk Management and Control: Ability to identify, assess, monitor, control and mitigate risks to the firm.
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Regulatory Framework and Requirements:Awareness and through understanding of the regulatory framework in which the firm operates.

**_Thank you for taking the time to consider _