Market Risk Controller

Description de l'offre

The Market Risk Group provides independent market risk oversight across the Americas Platform. The role is to monitor and analyze various risks arising from market sentiment in general and volatility in particular in Credit Markets so as to prevent trading, credit and counterparty losses. The role also involves, helping the group implement best in practice stress testing methodologies surrounding Structured Credit Markets.

The group is led by the Head of Market Risk and covers Rate, Funding, Credit, Equity, FX & Commodities Risk Management, as well as VaR production. The Market Risk Controller will be responsible for monitoring the Market Risks associated with Business lines that deal with Credit and Structured credit products both in the Primary and Secondary markets.

• Produce required daily market risk reports.
• Analyze, understand and comment the variations of the different risk indicators on a daily basis, provide comments on main P&L and risk evolutions as well as any noticeable events on a weekly and monthly basis on the activities he/she is primarily covering.
• Perform key analysis of the structured credit Markets and reflect them on the banks structured credit portfolio in order to produce quarterly News Letters for Senior management.
• Lead or participate to all projects related to the Credit perimeter, ensuring timely implementation and global coordination.
• Respond to FO requests for new business set-ups via NPC committee or through instruction of one-off requests.
• Participate in helping to define local and HO Market Risk Committee support documents and presenting to the committees the subjects pertaining to the Rates perimeter.
• Interface with internal audit, HO inspection, multiple bank regulators (ECB, Federal Reserve, NY State), and following up on their recommendation.
• Lead initiatives to support the development and maintenance of the US Risk Appetite framework.
• Participate in the interpretation and implementation of new regulatory requirements
• Maintain constant communication with the Front-Office and Market Risk Management both in NY and in Head Office.
• The controller will also be required to be the back-up of other members of his/her team as well as participate to transverse projects.
  

Profil recherché

Profile recherché

• Bachelor’s degree from an accredited college/university.
• Minimum of 5 years working experience in the financial industry.
• Strong knowledge of risks associated with Structured Credit Products especially CLOs, ABS, RMBS and CMBS. Good hands on experience on pricing and valuation models related to Securitized products is a must.
• Strong Proficiency in Excel and VBA programming to maintain, improve and develop reporting tools.
• Strong Proficiency in database programming (Access, SQL)
• Knowledge of Intex is essential.
• Knowledge of Summit and Polypath is a plus.
• Proficiency in programming (VBA/C sharp/SQL)
• Familiarity with risk analysis tools and methods such as Stress testing and VaR.
• Ability to manipulate, analyze, summarize and present comprehensive memos for team members and all levels of management.
• Strong analytic and problem-solving skills.
• Must be able to work both independently and collaboratively in group on ad-hoc projects, and meet deadlines.
• Candidate will have the ability to communicate with all levels of management and employees.
• Ability to take on a leadership role on the team by bringing a positive, motivating energy, being pro-active in presenting ideas for improvements of current processes and taking initiatives in consultation with his/her manager and the local Head of Market Risk.
• Ability to think outside the box.
• Proficiency in programming (VBA/C sharp/SQL)
• Familiarity with risk analysis tools and methods such as Stress testing and VaR.
• Ability to manipulate, analyze, summarize and present comprehensive memos for team members and all levels of management.
• Strong analytic and problem-solving skills.
• Must be able to work both independently and collaboratively in group on ad-hoc projects, and meet deadlines.
• Candidate will have the ability to communicate with all levels of management and employees.
• Ability to take on a leadership role on the team by bringing a positive, motivating energy, being pro-active in presenting ideas for improvements of current processes and taking initiatives in consultation with his/her manager and the local Head of Market Risk.
• Ability to think outside the box.

À propos de BPCE

Natixis is the international corporate and investment banking, asset management, insurance and financial services arm of Groupe BPCE, the 2nd-largest banking group in France with 31 million clients spread over two retail banking networks, Banque Populaire and Caisse d’Epargne.

With more than 17,000 employees, Natixis has a number of areas of expertise that are organized into four main business lines: Asset & Wealth Management, Corporate & Investment Banking, Insurance and Specialized Financial Services.

A global player, Natixis has its own client base of companies, financial institutions and institutional investors as well as the client base of individuals, professionals and small and medium-size businesses of Groupe BPCE’s banking networks.

Listed on the Paris stock exchange, it has a solid financial base with a CET1 capital under Basel 3(1) of €12 billion, a Basel 3 CET1 Ratio (1) of 10.65 % and quality long-term ratings (Standard & Poor’s: A / Moody’s: A2 / Fitch Ratings: A).

(1)Based on CRR-CRD4 rules as reported on June 26, 2013, including the Danish compromise - without phase-in.

Figures as at December 31, 2017