EMEA Market Risk Analyst/Associate

Overview

In this role you oversee market risk for UK entities, working within the Legal Entity Market Risk team to understand, quantify, and explain risk drivers across asset classes. You will monitor metrics like VaR, sensitivities, and stress tests, and support governance and risk reporting. Collaborating with cross-functional teams and senior stakeholders, you help enhance the market risk framework and ensure effective risk oversight. This position offers visibility, a collaborative environment, and the chance to influence risk decisions in a leading global bank.

Responsibilities

• Monitor and control key market risks with asset class aligned Market Risk teams
• Investigate changes in sensitivities, VaR, stress testing, and P&L; provide explanations to senior management
• Maintain market risk limits with oversight and challenge
• Perform risk analysis on new trades and market events; assess impact on exposures
• Support development of Market Risk framework, including risk reporting and documentation
• Prepare and maintain risk governance materials aligned with policies and procedures
• Respond to regulator inquiries and to internal/external auditors
• Collaborate with Market Risk Coverage, Legal Entity Risk, Risk Reporting, Middle Office, Treasury, Finance, Technology, and Quantitative Research
• Contribute to improving risk processes and analytical capabilities

Key requirements

• Bachelor’s degree or equivalent
• Strong interest in financial markets and derivatives
• Proficiency in Excel; ability to analyse large datasets
• Strong attention to detail and problem-solving
• Ability to investigate and explain changes in risk metrics and P&L
• Strong communication skills in English (written and spoken)
• Ability to build relationships across diverse teams
• Motivation and ability to manage tasks and deliver outcomes

• strong communication
• relationship-building
• attention to detail
• risk metrics analysis (VaR, sensitivities, stress testing)
• P&L analysis
• Excel data analysis

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