eFinancialCareers

• Company

  Barclay Simpson

• Location

  UK-London

• Compensation

  £Competative Package

• Position Type

  Permanent

• Employment type

  Full time

• Updated

  10 Nov 2009

• eFC Ref no

  582199

This is a highly challenging role within UK Retail Banking Risk, placing the job holder at the leading edge of the management and controllership of the Retail Risk Portfolio. The jobholder will work as part of a dynamic team whose proactive and innovative risk portfolio management approach will inform key business decisions and help to create and maximise value across Retail Banking.

Knowledge / Expertise

• This role requires the ability to work closely with a wide variety of colleagues (including quantitative analysts, finance professionals, risk professionals and product experts) and undertake complex analytical work.

• Extremely strong analytical skills

• Detailed knowledge of the range of products and services offered by a major Retail bank and the inherent risks

• Knowledge of the principles behind liquidity stress testing and transfer pricing, and the methodologies for modelling the behavioural life of different products.

• Knowledge of implementing / performing a stress testing process.

• Understanding of UK Retail Banking's objectives, operating structures and interfaces

• Understanding of mechanisms for quantifying and hedging direct and indirect non-traded market risks and of opportunities to drive innovative new product and strategy development within UK Retail Banking

• Knowledge of the development and application of market risk management models and measures, such as value at risk, earnings at risk, economic capital etc.

• Knowledge of derivatives and structured products (including swaps and options), their pricing and their use in market risk management

• Knowledge of key regulations and how they apply to market risk and liquidity risk - FSA CP08/22, Basel 2, Sarbanes-Oxley, IAS 39/32/18, Turnbull, UK GAAP