ICONMA
Market Risk Analyst
ICONMA, Jersey City, New Jersey, United States, 07390
Description:
This role with the Market Risk Technology team, based in New York City/Jersey City, offers an exciting opportunity for the selected candidate to work closely with the senior business stakeholders in the Global Portfolio Analysis, Global Risk Analytics and Global Market Risk teams.The role involves building subject matter knowledge on Market Risk exposure management for the Global Markets business across all asset classes and delivery responsibility on significant funded initiatives that are driving the build out of next generation Market Risk technology stack.The selected candidate will bring analytical skills, ability to work in global teams, with business stakeholders as well as technical experts in order to deliver the projects and grow their career within Market Risk technology that is now a key focus area for investment from the Client senior management team.Since the regulatory landscape continues to evolve, there is a need for Market Risk to work hand-in-hand with Front Office and this role offers the selected candidate a real potential to utilize their skills as well as learn how risk management spans across Front Office Trading desks all the way to Market Risk exposure management and eventually reported to the regulators.
Job Responsibilities:
Ownership of work streams with business and technology stakeholders to discuss business problemsPartner with Global Markets Financial Risk (GMFR), Global Risk Analytics (GRA) and Model Risk Management (MRM) for business requirementsPropose technology solutions to business problems and facilitate agreement with all stakeholdersCost estimation of technology solution and participate in budget approval processDevelop prototypes (using python, SQL, excel/VBA) to demonstrate solutions to stakeholdersConsult with management to guide and influence long term and strategic decision making within the broadest scopeData analysis using distributed computing and Big Data platforms such as Apache HadoopCollaborate with team members to collect and analyze large data setsDevelop data analyses, data collection systems and other strategies that optimize statistical efficiency and qualityUse graphs, infographics and other methods to visualize dataIdentify, analyze, and interpret trends or patterns in complex data setsInterpret data and analyze results using statistical techniquesUsing Agile SDLC methodology, work with Product Owner/Product Manager for documentation/development of Epics and StoriesOwnership of functional design of market risk applicationsFacilitate agreement on technical design with technology stakeholdersCoordinate UAT activities, releases and migration events - track defects and progress on resolutionDemonstration of new functionalities to business and technology stakeholdersAdhere to risk mitigation plan defined by corporate auditEscalation of issues to senior partners in a timely mannerDrive process improvement and policy development initiatives that impact market risk technologyStrong Market Risk, Risk, or Front Office experienceStrong financial markets product knowledgeSolid understanding of regulatory landscapeStrong problem solving skills and experience of analyzing and validating large volumes of numerical data.Exposure to Agile methodologies.Excellent technical skills; SQL, Excel, VBA and PythonComputer Engineering/Financial DegreeStrong analytical and quantitative skills
As an equal opportunity employer, ICONMA provides an employment environment that supports and encourages the abilities of all persons without regard to race, color, religion, gender, sexual orientation, gender identity or express, ethnicity, national origin, age, disability status, political affiliation, genetics, marital status, protected veteran status, or any other characteristic protected by federal, state, or local laws.
This role with the Market Risk Technology team, based in New York City/Jersey City, offers an exciting opportunity for the selected candidate to work closely with the senior business stakeholders in the Global Portfolio Analysis, Global Risk Analytics and Global Market Risk teams.The role involves building subject matter knowledge on Market Risk exposure management for the Global Markets business across all asset classes and delivery responsibility on significant funded initiatives that are driving the build out of next generation Market Risk technology stack.The selected candidate will bring analytical skills, ability to work in global teams, with business stakeholders as well as technical experts in order to deliver the projects and grow their career within Market Risk technology that is now a key focus area for investment from the Client senior management team.Since the regulatory landscape continues to evolve, there is a need for Market Risk to work hand-in-hand with Front Office and this role offers the selected candidate a real potential to utilize their skills as well as learn how risk management spans across Front Office Trading desks all the way to Market Risk exposure management and eventually reported to the regulators.
Job Responsibilities:
Ownership of work streams with business and technology stakeholders to discuss business problemsPartner with Global Markets Financial Risk (GMFR), Global Risk Analytics (GRA) and Model Risk Management (MRM) for business requirementsPropose technology solutions to business problems and facilitate agreement with all stakeholdersCost estimation of technology solution and participate in budget approval processDevelop prototypes (using python, SQL, excel/VBA) to demonstrate solutions to stakeholdersConsult with management to guide and influence long term and strategic decision making within the broadest scopeData analysis using distributed computing and Big Data platforms such as Apache HadoopCollaborate with team members to collect and analyze large data setsDevelop data analyses, data collection systems and other strategies that optimize statistical efficiency and qualityUse graphs, infographics and other methods to visualize dataIdentify, analyze, and interpret trends or patterns in complex data setsInterpret data and analyze results using statistical techniquesUsing Agile SDLC methodology, work with Product Owner/Product Manager for documentation/development of Epics and StoriesOwnership of functional design of market risk applicationsFacilitate agreement on technical design with technology stakeholdersCoordinate UAT activities, releases and migration events - track defects and progress on resolutionDemonstration of new functionalities to business and technology stakeholdersAdhere to risk mitigation plan defined by corporate auditEscalation of issues to senior partners in a timely mannerDrive process improvement and policy development initiatives that impact market risk technologyStrong Market Risk, Risk, or Front Office experienceStrong financial markets product knowledgeSolid understanding of regulatory landscapeStrong problem solving skills and experience of analyzing and validating large volumes of numerical data.Exposure to Agile methodologies.Excellent technical skills; SQL, Excel, VBA and PythonComputer Engineering/Financial DegreeStrong analytical and quantitative skills
As an equal opportunity employer, ICONMA provides an employment environment that supports and encourages the abilities of all persons without regard to race, color, religion, gender, sexual orientation, gender identity or express, ethnicity, national origin, age, disability status, political affiliation, genetics, marital status, protected veteran status, or any other characteristic protected by federal, state, or local laws.