Job Purpose
ICE Clear Europe’s Clearing Risk Department (“CRD”) is looking for a front office junior risk analyst. The successful candidate will form part of a dynamic risk team and be involved in overseeing and shaping the risk management practice at one of the largest futures and options clearing houses in the world. Junior Risk Analyst will be exposed to a wide range of asset classes and be challenged with complex risk problems. You will be responsible for carrying out all aspects of the day-to-day risk management duties and assist in developing and implementing enhancements to the risk management tools, models, and processes. You will also participate in the design and implementation of new risk initiatives and products that benefit the business.
Responsibilities
- Analyze and monitor market and collateral risks on real-time basis and appropriately escalate any risk concerns
- Ensure the risk management framework and risk policies are being adhered to and are consistent with regulatory and industry standards
- Assist with identifying areas where the risk models, risk management processes, or infrastructure can be improved.
- Enhance documentation of risk processes, procedures, and models
- Assist with internal and external communication including, inter alia, representatives from clearing members and ICE management
- Collaborate with a group of colleagues on key policy and methodology development
- Conduct project work and run thematic or ad-hoc market research on relevant risk topics
Knowledge and Experience
- Degree in Business, Science, Economics, Engineering, or a related numerical discipline
- Self-motivated, proactive, with an intuitive mindset, and good attention to detail
- Knowledge of risk management models and techniques such as Value at Risk, liquidity risk, backtesting and stress testing models is preferred
- Knowledge of financial derivative products such as fixed income, interest rates or commodity derivatives is an advantage
- Ability to be a team player and to collaborate with other teams
- Ability to conduct research, analyze problems, formulate and implement solutions in an efficient, effective, and independent manner
- Excellent written and verbal communication skills
- Experience with SQL and Python preferred
