Counterparty Risk Manager Assistant - VIE London-(H/F)


 Londres - Grande Bretagne       V.I.E        Finance de marché

Mission

Summary of key purposes of the role:


Provide support to the senior team members on reviewing & analysing the existing MARK derivative exposures on CCps

CCPs exposure monitoring and optimization:
  • On listed and OTC products: analyse exposures on a daily basis and produce KRIs and exec sum circulated to MARK top management

  • Contribute to maintenance and permanent enhancement of automated reporting: investigate on reporting inconsistencies, challenge and provide guidance to OPER. This in order to improve reliability and  exhaustiveness of information.

Support clearing activity across Business Lines
  • Conduct risk reviews

  • Calibrate relevant thresholds on collateral posted to CCPs in order to sustain business with a view towards the risk reward of SG’s clearing memberships.

  • Default Management Process (default of a clearing member):

    • Understand the process for each CCP

    • Support Firedrill exercises


Summary of responsibilities:
  • Conduct and formalize risk reviews of CCPs where SG group holds clearing membership
  • Support due diligences conducted by MARK/RSR to onboard new segments of a new or an existing CCP
  • Ensure daily reporting of exposures on CCPs within RSR
  • Assist Counterparty risk manager in monitoring  thresholds granted on collateral held at CCPs (House and Client Margins, and Default Fund)
  • Assist trading desks on their clearing activities (on both OTC and listed derivatives)
  • Assist Front office and RISQ department in Firedrills (simulation of DMP by CCPs)  – especially for the auction phase


The VIE assignment in a nutshell:

  

This VIE in London is to begin as soon as possible but you need to plan 3 months between your application date and the beginning of your VIE assignment. It will last 12-24 months.

The VIE is a specific contract, under Business France’s eligibility criteria, opened to candidates under 28 and from the member states of the European Economic Space. For further information, please see www.civiweb.com.



Tous nos postes sont ouverts aux personnes en situation de handicap

Profil

Your profile: 


Graduate with a Master degree from Business/Engineering school or University, majoring in Finance.

A previous experience in Investment Banking would be appreciated.

You are fluent in English - Written and Spoken – Mandatory; all communications are in English. French is a plus.

You are proficient in MS Office ( Excel VBA : Excellent programming skills)

Mathematics and finance skills

Basic knowledge in credit risk (rating, default, recovery etc .) and market risk (VaR, Stress testing etc.)


Behavioural skills:

  • Eye for detail and ability to work quickly and accurately:
  • Reliability
  • Proven analytical skills
  • Team Spirit
  • Initiative, autonomy
  • Curious and eager to learn
  • It will involve working in a fast paced and demanding environment. It requires an individual who has a strong interest and understanding of financial markets


Evolution

Evolution:


To facilitate the examination of your application by our English-speaking managers, we thank you for applying in English. 


Environnement

Your environment:


Within the Investment Bank of SG Group, MARK/RSR/RIS’s mission statement is to assist MARK management to monitor and manage market and credit risk across trading desks.The department analyses risks and proposes limits on trading activities, in association with RISQ department.

   

The VIE’s mission is to assist the team on monitoring, and  managing the credit counterparty risks of derivative transactions within the global market  business line (MARK ) of SG CIB (the investment bank) The VIE will focus on Central Clearing Counterparties (CCPs ) risk management worldwide: contribute to CCPs’ risk analysis, prepare due diligences on CCP segments, monitor and support clearing across trading desks.


Référence: 19000LVX
Entité: SG CIB
Date de début: 02/12/2019
Date de publication: 10/09/2019
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Counterparty Risk Manager Assistant - VIE London-(H/F)

V.I.E   |   Londres - Grande Bretagne   |   Finance de marché