Market Risk Specialist

JCW are seeking a highly analytical Market Risk & Reporting Specialist to support the measurement, monitoring, and reporting of market risk across derivatives and swaps portfolios. This role will play a key part in ensuring accurate risk analytics, enhancing risk governance, and delivering actionable insights to senior management and key stakeholders. The position sits within the first or second line of defense (depending on structure) and partners closely with Front Office, Finance, Model Risk, and Regulatory Reporting teams.

• Measure and monitor market risk exposures across interest rate, FX, credit, and other derivatives and swaps products using metrics such as VaR, sensitivities (DV01, PV01, CS01), stress testing, and scenario analysis
• Produce daily, weekly, and monthly market risk reports for senior management, risk committees, and regulatory purposes
• Analyze portfolio risk drivers and communicate material changes, limit breaches, and emerging risk themes
• Support the development and enhancement of risk reporting frameworks, dashboards, and automation initiatives
• Validate data integrity and reconcile risk outputs across trading, risk, and finance systems
• Partner with Front Office and Treasury to understand trading strategies, hedging activity, and balance sheet impacts
• Contribute to stress testing, capital, and regulatory reporting (e.g., FRTB, CCAR, ICAAP, or internal capital frameworks as applicable)
• Assist in maintaining market risk policies, limits, and governance documentation
• Support internal and external audits and regulatory examinations
• Participate in strategic initiatives including system implementations, model enhancements, and process optimization

• Bachelor’s degree in Finance, Economics, Mathematics, Statistics, or a related quantitative field
• 3–7+ years of experience in Market Risk, Product Control, Risk Reporting, or a related function within a banking or capital markets environment
• Strong knowledge of derivatives and swaps (interest rate swaps, FX derivatives, options, futures, or credit derivatives)
• Hands‑on experience with market risk metrics (VaR, stress testing, sensitivities)
• Proficiency in Excel; working knowledge of SQL, Python, or other data tools preferred
• Experience working with risk systems such as Murex, Calypso, Summit, Risk Metrics, or similar platforms is a plus