April 28th, 2009, 1:10 am
Obviously this is a risk management position, but it also sounds like mid office work to me. Since it doesn't heavily ask for programming skills, I wonder what background it is really asking for. If I want to eventually land a similar job, what should I be preparing myself with to qualify? any suggestions for reading, skill set development?? THX!!KEY RESPONSIBILITIES Be involved in the approval of new products, businesses and trading strategies. Be directly responsible for monitoring and reporting risk metrics on a daily basis to senior management, including the Managing Director. In doing so, you will gain exposure to a wide range of businesses and products from around the globe. Interact constantly with the front office traders to ensure that the market risks arising from day-to-day trading positions are fully understood and managed appropriately within the limit framework. Liaise with back office and support staff to ensure that the trading systems adequately represent the risk profile of the trading books, and that risk numbers are reported in an accurate and timely manner. Be immersed in the global financial markets. Understanding what drives financial markets and keeping abreast of market news and trends is vital part of understanding and identifying potential risks. Assess the appropriateness of mathematical derivative pricing models within the context of real-world market conditions Operate in a global environment with staff in Sydney, Hong Kong, London and Houston.KEY EXPERIENCE AND SKILLS Minimum education; Bachelor's degree in Engineering, Finance, Mathematics, Economics Significant experience in commodities, preferably with exposure to US energy markets gained within a dynamic international bank Strong analytical ability and judgment Proven ability to balance the need to switch between being immersed detailed day to day activity and problem-solving versus managing higher level longer term activities and objectives Proven ability to sustain high level of performance under pressure with short deadlines etc. Superior interpersonal and relationship building skills to build strong relationships with clients and stakeholders across all levels Able to conceptualise, anticipate and articulate emerging issues Effective presentation skills including strong written communication Strong MS Excel and Access skills