Market Risk Analyst

Full Time
Dallas, TX
Posted
Job description

Location: Dallas, TX
Skills: Large Data Sets, Risk Management, VaR

JOB DESCRIPTION:

  • Being a member of our Risk Management team, you’ll work to protect the safety and soundness of our systems and are responsible for identifying, handling, measuring and mitigating a spectrum of key risk types including credit, market, liquidity, systemic, operational and technology in all existing and new products, activities, processes and systems.

RESPONSIBILITIES:

  • Perform day-to-day functions contained in the unit's procedures such as researching significant increases in margin requirements, tracking trading patterns of member firms, liquidity usage, etc.
  • Develop a strong understanding of clients’ business and risk profiles in order to serve as a point of contact for risk related support and inquiries.
  • Assess existing processes and suggest new ones that most effectively anticipate, handle and reduce risk to DTCC and its participants
  • Perform research necessary to support analyzing different margining methodologies
  • Execute the plan for implementation of new margining methodologies and enhancements of existing methodologies, including preparation of test scripts and testing, preparation of business requirements, progress memos, etc.
  • Educate clients on FICC's services and Risk initiatives
  • Provides support for the preparation of written responses to audit and regulatory reports.
  • Take ownership for identifying and mitigating risk within assigned areas of responsibility and for supporting risk mitigation across DTCC
  • Assess existing processes and suggest new ones that most effectively anticipate, manage and reduce risk to DTCC and its participants
  • Aligns risk and control processes into day-to-day responsibilities to monitor and mitigate risk; escalates appropriately

QUALIFICATIONS:

  • Bachelor's degree or higher
  • Must be analytical and detail oriented while working with large data sets
  • Ability to handle client inquiries with excellent communication skills
  • Familiarity with risk management methodologies (i.e., VaR) is a plus

ABOUT DTCC: DTCC safeguards the financial markets and helps them run efficiently, in times of prosperity and crisis. We are uniquely positioned at the center of global trading activity, processing over 100 million financial transactions every day, pioneering industry-wide, post-trade solutions and maintaining multiple data and operating centers worldwide. From where we stand, we can anticipate the industry’s needs and we’re working to continually improve the world’s most resilient, secure, and efficient market infrastructure. Our employees are driven to deliver innovative technologies that improve efficiency, lower cost, and bring stability and certainty to the post-trade lifecycle. DTCC proudly supports Flexible Work Arrangements favoring openness and gives people freedom to do their jobs well, by encouraging diverse opinions and emphasizing teamwork. When you join our team, you’ll have an opportunity to make meaningful contributions at a company that is recognized as a thought leader in both the financial services and technology industries. A DTCC career is more than a good way to earn a living. It’s the chance to make a difference at a company that’s truly one of a kind.

Job Type: Full-time

Salary: $70,000.00 - $80,000.00 per year

Application Question(s):

  • Where are you located? If you are not near the job location, how open are you to move on your own expenses.
  • What is your desired total annual compensation? (provide a range)
  • Have you applied or been interviewed for any role with this company in the past? If so, please provide details.
  • What is your work authorization status? eg: US Citizen, Green Card, etc...
  • Do you have a LinkedIn profile? If so please provide details.
  • Please provide your email and contact number.
  • What is your highest level of education?
  • How soon can you join?
  • Are you familiar with VaR? If yes, please elaborate.
  • Please elaborate your experience with risk management methodologies
  • Why do you think you are a good fit for this position? Please explain your reason in 2/3 lines.

Work Location: One location

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