| Company | Barclays Investment Bank |
| Industry | Banking and Finance |
| Location | Singapore |
| Position Type | Graduate Program |
| Post Date | 26 Sep 2013 |
| Closing Date | n.a. |
Employer Description
Barclays moves, lends, invests and protects money for customers and clients worldwide. With over 300 years of history and expertise in banking, we operate in over 50 countries and employ over 140,000 people.
We provide large corporate, government and institutional clients with a full spectrum of solutions to their strategic advisory, financing and risk management needs. Our clients also benefit from access to the breadth of expertise across Barclays. We’re one of the largest financial services providers in the world, and are also engaged in retail banking, credit cards, corporate banking, and wealth and investment management.
Responsibilities
Deliver Business Excellence
As a Market Risk Analyst, you will be a critical part of the Reporting and Engineering (R&E) Asia reporting for the Traded Credit Business, covering Flow Credit, Structured Credit and Securitised Products. IT also covers Basel III CVA Risk Reporting (which leverages off existing R&E Productsion Processes). YOu will rely on in-house systems like Value at Risk(VaR) calculation engines (eg. MARS, SRE). Historical Simulation is the model employed. Where the principals of VaR may be intuitive the ways to get there vary in complexity and continually represent a challenge. Rising to these challenges and delivering quality end product is our mission; only the most committed of individuals will succeed.
What you'll do as a Market Risk Analyst
- Through your experience and expertise, we'll depend on you to undertake the following:
- Perform daily Time Series (TS), VaR, Regulatory reporting and Positions Validation processes for both Market Risk and CVA
- Investigate Production issues, ensuring that concerns raised are efficiently communicated and resolutions are planned and effectively coordinated and actioned.
- Maintain the specific Risk Model(SRE), ensuring Specific Risk is accurate, complete and meets regulatory requirements.
- Develop and implement new and existing business initiatives and investigate potential issues surrounding the daily time series, VaR and positions within the Credit Asset class.
- To deliver cost efficient research and development when priorities are changes and limited information is available
- To complement and enhance the working patterns of the Reporting and engineering team with focus on the development and consolidation of current methodologies developed within market risk
- To undertake daily Time Series BAU and project work and to assist in the development of new and existing methodologies in the creation of historical time series.
- Constructing or using existing statistical and/or time series models for synthetically creating data
- Production and validation of daily VaR for the Global Credit Business and CVA. Project work to develop /enhance new/existing initiatives
- Maintaining VaR and non-VaR limits on trading portfolios
- To undertake daily SER BAU and adhoc requests. This includes setting up corportate issuers to risk using Specific Risk methodology, investigating and correcting daily SER risk failures and producing Regulatory Control Reporting.
- To undertake daily position reporting activities and Project work to develop /modify reports in line with new methodology / business changes.
Qualifications
The success of everyone at Barclays is measured by their ability to put our customers at the centre of their day. Rising to these challenges and delivering quality end product is our mission: only the most committed of individuals will succeed. To do this role, you'll need substantial experience of Market Risk analysis with Top Tier Institutions and credible academic certifications in Quantiative areas. A Masters in Financial Engineering or Quantitative Finance is very much preferred. Additional experience in projects and/or product analysis will certainly value add. You must also be an effective team player contributing to the success of the department. IF you are fresh out of school and have the confidence of rising up to the challenge, apply now!
Application link
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