eFinancialCareers

• Company

  Hudson Banking

• Location

  UK-London

• Remuneration

  £65,000 - £85,000 + bonus + bens

• Position Type

  Employee

• Employment type

  Full time

• Updated

  02 Sep 2008

• eFC Ref no

  384261

The role is in a small, trading floor based, market risk team. The team is focussed on:

- Limit setting

- Agreeing value at risk for the entire bank

- Setting and cotrolling the risk appetite of the bank.

Specifically, this role is to manage the quantitative side of the traded Credit Risk, such as the Incremental Default Risk as prescribed as part of internal model approval.

Main responsbilities:

- Provide input to the Asset & Liability Committee (ALCO), specifically summarised risk position information and stress scenario analysis.

- Provide input to and support the new product process to ensure timely delivery of new products.

- Provide support with the testing and implementation of new trading systems.

- Support where necessary "Change the Bank" initiatives as well as maintaining an effective "Run the Bank" capability.

Experience required:

- Quantitative first degree

- (Preferably) relevant Masters

- Excellent knowledge of banking products, especially traded credit.

- A clear and effective communicator, persuasive in inter-personal communication.

- Ability to deliver practical solutions in a demanding high-pressure environment.

- Strong spreadsheet skills. Excellent academic references up to and including degree level in a quantitative discipline, higher degrees desirable.