12 Month Internship - Market Activity Monitoring
at CRDIT AGRICOLE CIB
London, England, United Kingdom -
Start Date | Expiry Date | Salary | Posted On | Experience | Skills | Telecommute | Sponsor Visa |
---|---|---|---|---|---|---|---|
Immediate | 22 Jul, 2024 | Not Specified | 29 Apr, 2024 | N/A | Good communication skills | No | No |
Required Visa Status:
Citizen | GC |
US Citizen | Student Visa |
H1B | CPT |
OPT | H4 Spouse of H1B |
GC Green Card |
Employment Type:
Full Time | Part Time |
Permanent | Independent - 1099 |
Contract – W2 | C2H Independent |
C2H W2 | Contract – Corp 2 Corp |
Contract to Hire – Corp 2 Corp |
Description:
DESCRIPTION DU POSTE
Key Responsibilities
This role reports directly to the Head of Market Activity Monitoring (MAM) for Treasury/Linear Products in the UK.
The MAM Department has two key responsibilities:
1) Production and analysis of the P&L figures
2) Production and analysis of the Market Risk indicators and monitoring of their associated limits.
Systems: this production is carried out using Front Office systems and dedicated environments. Global View is the dedicated tool used for risk management purpose.
- Collection, validation and control of market parameters.
- Daily production, control and analysis of P&L figures and market risk limits utilisation.
- Daily production of VAR and back testing of the VAR, derived risk indicators (correlation, stress scenarios, etc).
- Daily report of all elements of P&L and market risk (including limits breaches) to the business line and the risk manager.
- Daily control of reconciliation of stocks and past cash flows, FX positions between FO system and BO systems.
- Calculation of provisions, hold back reserves etc.
- Review of month end P&L reconciliation (accounting P&L Vs MAM P&L) produced by the accounting/financial control department. The MAM department plays an active role in this exercise, as it needs to validate any required adjustment or identified methodology differences (of any pending items).
- Participation in specifications, implementation and tests of the used systems.
- Coordination with the quant team to make sure that the pricers used are validated.
- P&L attribution/explanation using the Risk indicators and Market Data moves.
Legal and Regulatory Responsibilities
- Comply with all applicable legal, regulatory and internal Compliance requirements, including, but not limited to, the London Compliance manual and the Financial Crime Policy.
- Maintain appropriate knowledge to ensure to be fully qualified to undertake the role. Complete all mandatory training as required to attain and maintain competence.
Responsibilities:
Systems: this production is carried out using Front Office systems and dedicated environments. Global View is the dedicated tool used for risk management purpose.
- Collection, validation and control of market parameters.
- Daily production, control and analysis of P&L figures and market risk limits utilisation.
- Daily production of VAR and back testing of the VAR, derived risk indicators (correlation, stress scenarios, etc).
- Daily report of all elements of P&L and market risk (including limits breaches) to the business line and the risk manager.
- Daily control of reconciliation of stocks and past cash flows, FX positions between FO system and BO systems.
- Calculation of provisions, hold back reserves etc.
- Review of month end P&L reconciliation (accounting P&L Vs MAM P&L) produced by the accounting/financial control department. The MAM department plays an active role in this exercise, as it needs to validate any required adjustment or identified methodology differences (of any pending items).
- Participation in specifications, implementation and tests of the used systems.
- Coordination with the quant team to make sure that the pricers used are validated.
- P&L attribution/explanation using the Risk indicators and Market Data moves
Legal and Regulatory Responsibilities
- Comply with all applicable legal, regulatory and internal Compliance requirements, including, but not limited to, the London Compliance manual and the Financial Crime Policy.
- Maintain appropriate knowledge to ensure to be fully qualified to undertake the role. Complete all mandatory training as required to attain and maintain competence
REQUIREMENT SUMMARY
Min:N/AMax:5.0 year(s)
Financial Services
Accounts / Finance / Tax / CS / Audit
Finance
Graduate
Proficient
1
London, United Kingdom