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ScaleneWorks INC · 5 days ago

Market Risk (Risk Engineering) - BA

New York, NY

Contract

Onsite

Mid Level

$65/hr - $75/hr

ScaleneWorks INC is seeking consultants for a Market Risk (Risk Engineering) - BA role, focusing on market risk and FRTB regulation. The role involves monitoring risk measures, performing reconciliations, optimizing processes, and collaborating with various teams to enhance market risk methodologies and analytics.

Staffing & Recruiting

Hiring Manager

Keerthy Akshay Kunila

Responsibilities

Monitoring VaR limits, observing risk measures and reporting any issues seen to the senior risk managers

Develop and perform reconciliations and DQ checks between systems using Python and SQL on the data used as the input for market risk calculations

Help optimize the processes in place to reduce the turnaround time in the daily signoff process

Understand the systems and the data flow and work closely with IT, MR, and developers to remediate the issues and errors

Laise with Market risk managers, IT, Project teams to test market risk process improvements, new methodologies and analytics

Act a SME to analyze discrepancies in market risk measurements like VaR, SVaR, FRTB SA to provide timely resolution to the daily risk issues and manage the key stakeholders

Facilitate new product risk management and see that there are no issues with lineage for the new products

Qualification

Market risk methodologiesPythonSQLData analyticsFRTB SA regulationRisk measurement & reportingBack testingFast learnerCommunication skillsTeam player

Required

Previous experience in Market risk & FRTB regulation

Monitoring VaR limits, observing risk measures and reporting any issues seen to the senior risk managers

Develop and perform reconciliations and DQ checks between systems using Python and SQL on the data used as the input for market risk calculations

Help optimize the processes in place to reduce the turnaround time in the daily signoff process

Understand the systems and the data flow and work closely with IT, MR, and developers to remediate the issues and errors

Laise with Market risk managers, IT, Project teams to test market risk process improvements, new methodologies and analytics

Act as SME to analyze discrepancies in market risk measurements like VaR, SVaR, FRTB SA to provide timely resolution to the daily risk issues and manage the key stakeholders

Facilitate new product risk management and see that there are no issues with lineage for the new products

Excellent understanding of Market risk methodologies/analytics, risk measurement & reporting, back testing, FRTB SA regulation

Previous experience of working on python (Numpy) and SQL

Ability to navigate systems, data analytics and identify discrepancies

Very good communication skills, fast learner and team player

Undergraduate degree and Postgraduate in MBA or Finance