Risk Analyst

Overview
Job Purpose

ICE Clear Europe’s Clearing Risk Department (“CRD”) is looking for a front office risk analyst. The successful candidate will assist the senior risk managers in overseeing and shaping the risk management practice at one of the largest futures and options clearing houses in the world. You will be joining a very dynamic team, 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

Conduct mathematical/statistical analysis to calibrate and enhance risk models
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 communication with representatives from clearing members, risk committees and senior management of ICE
Build and maintain risk management reports for the ICE Clear Europe board, various ICE Clear Europe risk committees and the regulators overseeing ICE Clear Europe
Monitor model performance tests and assess the appropriateness of models in order to demonstrate policy adherence
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

Master’s Degree in Mathematical Finance or equivalent degree
Attention to detail and strong problem-solving skills with the ability to balance trade-offs
Prior experience in risk management as a risk analyst or relevant professional experience (at an investment bank, hedge fund or clearing house) will be an advantage.
Strong knowledge in financial derivatives products in multiple asset classes preferred
Prior experience in applying risk management models and techniques such as Value at Risk models, Liquidity Risk models, backtesting and stress testing models will be 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