Market Risk Analyst

Market Risk Analyst helps keep the Market Risk function running effectively day to day. The role provides independent valueadding oversight and support to Global Markets (Front Office) by measuring monitoring and reporting Market Risk and Traded Counterparty Credit Risk (TCCR) ensuring exposures are controlled in line with internal standards (including Group Manuals) and applicable regulation.

The role also supports traded risk projects business initiatives and issue remediation (e.g. MSII) and may contribute to Treasury Risk oversight activities (Liquidity Risk IRRBB and Capital Risk) depending on the local setup.

Key Responsibilities

• Measure monitor and report Market Risk and TCCR across trading books (and where applicable balance sheet portfolios).
• Produce and maintain risk metrics MI and dashboards to support decisionmaking and risk transparency.
• Deliver daily/periodic risk reporting in line with Group standards and local regulatory requirements; continuously improve reporting quality and usefulness
• Perform daily controls to ensure compliance with internal guidelines and external regulation.
• Monitor risktaking against approved limits; identify investigate and escalate limit excesses promptly.
• Support limit adjustment/renewal documentation and ongoing monitoring against Risk Appetite.
• Support the Head of Traded Risk in preparing materials and followups for governance forums (e.g. RMM/local risk forums and where applicable ALCO items related to Treasury Risk).
• Attend meetings with Global Markets Finance Treasury and Risk to provide analysis reporting and escalation support.
• Support discussions and requests from internal/external audit and regulators under guidance of the Head of Traded Risk.
• Coordenate inputs and evidence for audit requests related to Market Risk and TCCR; track actions to closure and support remediation of findings.
• Support traded risk projects business initiatives and MSII through analysis testing documentation and implementation support.
• Contribute to process improvements and automation initiatives (coding/programming skills are an advantage).
• Act as a senior team contributor: share knowledge coach junior analysts on processes/tools and promote consistent application of traded risk standards.
• Take ownership of deliverables meet deadlines and escalate issues early to support a strong performance and control culture

Qualifications

• Bachelors degree (or equivalent) in Finance Economics Engineering Mathematics Business or a related discipline.
• 35 years experience in Market Risk and/or Traded Counterparty Credit Risk within a bank or financial institution.
• Strong understanding of risk measurement/reporting concepts and control frameworks (limits escalation MI production).
• Strong analytical and numerical skills attention to detail and ability to explain drivers of exposure and limit usage.
• Ability to work at pace in a control environment with daily deadlines and multiple stakeholder requests.
• Fluent Portuguese and English (Spanish is a plus).
• Strong communication and stakeholder management skills.