Market Risk Quantitative Analytics Associate - Cleveland, United States - Key Bank

    Key Bank
    Key Bank Cleveland, United States

    3 weeks ago

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    Description

    Occupation:
    Banking, Mortgage, InvestmentLocation:127 Public Square
    • Cleveland, Ohio 44114ABOUT THE JOB (JOB BRIEF)Market Risk performs oversight of the Fixed Income, Equities, Foreign Exchange and Interest Rate and Commodity Derivatives trading activity throughout the bank and broker dealer.
    The team performs a broad range of analysis and produces trading risk analytics to support the Market Risk function, including monitoring and evaluating risks affecting current or anticipated capital, valuation, profit & loss (P&L), Value-At
    • Risk (VaR) and Counterparty Credit Risk (CCR).
    Market Risk team also has an oversight function for Corporate Treasury activities.

    The individual in this role will perform a broad range of analysis to support the customer trading analytics function, monitor trading activities, analyze trends, identify emerging risks, and strengthen our oversight functionESSENTIAL JOB FUNCTIONSAnalyze risk metrics related to trading activities (position changes, profit & loss, VaR and other key measures)Work with senior members of the team on monitoring market risk limits and developing analyses of portfolio and risk dynamicsEnhance consolidated data reporting by tracking and reviewing position changes, profit & loss monitoring and its attributionSupport Market Risk policies and processesProvide reoccurring reporting and ad hoc requestsCreate analysis to support the production of insights into relevant business questions under general direction / supervisionDevelop basic visualizations and PowerPoint presentationsProvide input with addressing basic business/analytical problems and challengesPrepare documents for monthly and quarterly submission to finance and accounting, and to regulatorsConduct quantitative analysis on large data sets with manager and team supportIdentify common data errors and their impactEmploy basic best practices for evaluating large dataAnswer key business questions through exploration and discoveryFind patterns or anomalies by building out visualizationsREQUIRED QUALIFICATIONSDegree in finance, mathematics, statistics, economics, or other quantitative fieldRobust understanding of trading products and profit & loss analysisSolid understanding of VaR, sensitivitiesPossesses intellectual curiosity, understands key drivers of financial results, keen interest in capital markets and understanding of Risk Culture and framework.

    Strong analytic and quantitative skills such asKnowledge of financial mathematicsAdvanced knowledge of ExcelProficiency in a programming language such as Python, SAS, SQL, R, Google Cloud, Big Query, VBAStatistical analysisData visualizationPreferred skills/familiarity with Calypso, RiskWatch and Bloomberg**Position will be hybrid/mobile from Key Tower in Cleveland, Ohio.

    Remote location is not an option.


    Job Posting Expiration Date:
    05/18/2024KeyCorp is an Equal Opportunity and Affirmative Action Employer committed to building a diverse, equitable and inclusive culture.

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