Capital Markets Risk Analyst

Truist • Atlanta, GA

1d

About The Position

As a member of the Market & Liquidity Risk Management (MRLM) team within the Risk Management Organization (RMO), provide Capital Markets management with independent quantitative and qualitative assessments of risk management practices and risk levels. Have the ability to provide active participation in various meetings for the Capital Markets Risk Management teams spanning Trading Market Risk, Counterparty Credit Risk, Profit and Loss (P&L) attribution and Independent Price Verification (IPV). This specialized job family framework includes promoting Truist's compliance with Board-stated risk appetite and regulatory standards across the securities or derivatives portfolios within Corporate and Investment Banking (CIB), Corporate Treasury and Mortgage.

Requirements

• Bachelor's degree, or equivalent education and related training.
• 0 - 5 years in positions at financial institutions, financial services consulting, and/or regulatory agencies.
• Strong interpersonal and communication skills, applicable at all levels across the business. Ability to understand and communicate products, strategies and risk issues in succinct and easily understandable terminology.
• Understanding of financial risk management, banking, capital markets and financial instruments.
• Understanding of quantitative models, applications, theories and concepts such as Value at Risk (VaR), Potential Future Exposure (PFE), Expected Exposure (EE), Independent Price Verification (IPV) and risk-based P&L attribution.
• Knowledge of derivatives valuation including CVA (Credit valuation Adjustment) and FVA (Funding Valuation Adjustment) concepts.
• Must possess knowledge of risk management and control processes, especially of the applicable risk compliance regime including designing, developing and implementing risk programs and policies.
• Possess the ability to support oversight programs for capital markets related regulations (Market Risk Rule, FRTB, Volcker Rule, Swap Dealer Rule, etc.).
• Self-starter, capable of operating with minimal direction; high degree of self-motivation with strong track record of execution and delivery.
• Sound financial acumen, highly analytical and business enabler with ability to develop creative solutions to business challenges, the ability to think outside the box and see through the heart of issues, while executing with speed and excellence.
• Possess the ability to maintain a structured and flexible approach, balanced decision maker with sound judgement; must have ability to remain calm under pressure and ability to prioritize.
• Strong ability to form and maintain key internal and external networks and relationships.
• In terms of supervision and decision making, while functioning within a highly integrated team, the position is also required to function in an autonomous capacity.

Nice To Haves

• Degree with specialization in Finance, Economics, Accounting, Math, Business Administration or related fields.
• Experience in capital markets and market/liquidity/credit risk.
• Experience interacting with banking and industry regulators.
• 2- 5 years of experience in financial risk management of trading and non-trading risks.
• Professional certifications (e.g. Financial Risk Manager or CFA).

Responsibilities

• Support the company's strategic direction for Trading Market Risk, Counterparty Credit Risk and Product Control (including Independent Price Verification (IPV) and Profit and Loss (P&L) attribution) and ensure long-term objectives are in line with industry best practices, regulatory mandates and the established risk appetite.
• Supports the department's effectiveness as an independent risk management function and ensures that the respective lines of business and functional areas align with the team's oversight framework.
• Perform the Product Control's P&L generation and attribution analysis and IPV for trading book activities which incorporate ongoing quantitative and qualitative risk assessments.
• Maintain robust P&L and IPV reporting functions which provides transparency to management within Market & Liquidity risk as well as the Front Office traders.
• Partner with ongoing compliance efforts for regulatory requirements/guidance.
• Perform the activities which align with the compliance of regulatory rules (Market Risk Rule, FRTB, Volcker Rule, Swap Dealer Rule Initial Margin, SCCL, etc.) and guidelines pertaining to market, liquidity and credit risks. May be asked to directly and indirectly liaise with internal and external staff in relation to regulatory matters.
• Assist with measuring, monitoring and analyzing the organization's market risk exposure using P&L/Risk attribution, stress testing & scenario analysis. Perform the daily market risk limit and exception reporting while ensuring the appropriate levels of awareness and communication within the organization.
• Utilize strong quantitative, financial and statistical experience to develop and maintain the framework (systems, models, processes, limits, policies and procedures) used for calculating and reporting daily risk levels (Value-at-Risk 'VaR', Greeks, stress tests, Potential Future Exposure 'PFE', Credit Valuation Adjustment 'CVA', etc.) using complex quantitative risk models.
• Work seamlessly with other teams across the MLRM department on inter-dependent issues such as counterparty and liquidity risk, valuation/hedging analyses and IPV. Also liaise with business and control partners including operations, collateral management, marketing/ sales, trading, quantitative research, model development, internal/external audit, legal and compliance.
• Represent the MRLM control discipline across various working groups and strategic or projects.

Benefits

• Truist offers medical, dental, vision, life insurance, disability, accidental death and dismemberment, tax-preferred savings accounts, and a 401k plan to teammates.
• Teammates also receive no less than 10 days of vacation (prorated based on date of hire and by full-time or part-time status) during their first year of employment, along with 10 sick days (also prorated), and paid holidays.
• Depending on the position and division, this job may also be eligible for Truist’s defined benefit pension plan, restricted stock units, and/or a deferred compensation plan.

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level
• Number of Employees: 5,001-10,000 employees