Risk Analyst (Basel, Switzerland)

Purpose of the job:

• Contribute to the assessment of methodological alternatives for the measurement and management of risk capital and exposures across all risk types
• Validate valuation models for existing/new financial instruments
• Specify, develop and document quantitative models used by Risk Control and contribute to their calibration
• Contribute to the selection, implementation and maintenance of IT solutions with a particular focus on ensuring the quality of delivered applications
• Account for the successful completion of assigned projects

• Risk capital quantification and exposure measurement: Specifies, develops, implements and documents quantitative models for the measurement and management of risk capital and exposures across all risk types. Contributes to the calibration of Risk Control models.
• Product development: Contributes to the implementation of new products in Risk Control systems, to ensure that Risk Control performance and risk measures appropriately reflect the resultant risks. Contributes to the validation of quantitative models and tools developed by the Banking Department.
• Project management: Manages projects for the implementation of selected models into IT solutions. Coordinates project activities within and outside Risk Control. Reports to steering committees.
• Risk Control IT: Supervises the specification of IT systems to support Risk Control activities. Integrates quantitative models into IT components/services when required. Provides functional support to the Credit Analysis and Market Risk groups. Contributes to the system testing efforts.
• Internal relationships: Liaises with the Banking Department with regard to methodological matters, and with Banking-IT with regard to IT system implementation.
• External relationships: Develops and maintains relationships with peers in commercial institutions and central banks.

• University degree (Master's level or equivalent) with a quantitative or IT focus
• Sound understanding of quantitative models for the measurement and management of risk capital and exposures across all risk types
• Good practical knowledge of financial instruments (fixed income) and good grounding in financial mathematics
• Proven expertise in translating quantitative models into IT solutions, both in a project management role and in a developer role
• Practical knowledge of Findur valuation models a strong asset
• Practical experience with an object-oriented programming language and basic SQL. Experience in service-oriented architectures and/or grid computing an advantage.
• Excellent interpersonal and communication skills, good team worker, multicultural sensitivity, proven client orientation
• Excellent written and oral English. Other major world languages a plus
• At least three years' relevant working experience in a risk management/front office/quantitative development function

This job ad has expired. Click here for active job ads.