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VP - Market Risk

Job description

VP – Market Risk     

€80 - €110k    

Overall purpose of role 

The Counterparty Risk Trading Desk (CRT) is responsible for pricing, managing and hedging the firm’s counterparty risk (CVA), funding risk (FVA) and CSA aware discounting risk arising from the banks OTC derivative trades. 

As an FO Risk Manager, you will closely work with a variety of teams within the Risk function as well as with other Infrastructure areas and Front Office to ensure accurate and insightful risk analysis and reporting to the business, senior management and regulators.  The role requires a strong relationship with the desk to understand and challenge risk positions on a daily basis. You will take ownership of the risk framework put in place around the CRT business and communicate with senior management within Risk and the business. 

Person Specification 

  • Risk management background and tools (i.e. VaR, Stress testing, Scenario analysis)
  • Sound understanding of derivative markets, products and pricing across at least one of the 4 asset classes covered (Credit, Rates/Inflation, FX, Commodities) – there is preference for good understanding of Credit products and markets
  • Solid understanding of counterparty risk and CVA/ FVA
  • Strong IT skills (advanced Excel, VBA, SQL and general database knowledge)
  • Confident and outgoing character who can think on their feet 

To apply for this opportunity please send your CV to Denise – dohare@sigmar.ie for review. I will respond same day.

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