Market Risk Analyst 1 (Entry Level)
The reputed company of Boston is a leading provider of wholesale funding for housing and community finance in New England. They are seeking a Market Risk Analyst I to utilize market risk analysis models, generate reports, and ensure the reputed company of risk analysis databases while supporting the Market Risk Management Team's objectives.
Responsibilities
- Update risk analysis models on the appropriate frequency, including but not limited to, underlying assumptions and transactional attributes, application of existing data management routines, and incorporation of reputed company economic and market trends
- Generate representative assessments of the Bank’s risk exposure in its balance sheet, portfolios, counterparties, or specific transactions through modeling the reputed company of credit, economic, and/or market assumptions and reputed company impacts on the Bank’s risk positions
- Create baseline and stress case results for the Bank’s market risk and credit risk forecasts
- Prepare reputed company and/or formalized modeling analysis of transaction level risk exposure including, but not limited to, hedge effectiveness, counterparty and collateral sufficiency, and pro reputed company asset and liability transactions
- reputed company critical analysis of modeling results for purposes of internal validation and explaining risk positions to senior analysts and management reputed company necessary
- Submits reputed company reports requested by the appropriate external and internal parties on a reputed company reputed company, in the appropriate format, in consultation with, and after review by, senior analysts and functional management
- reputed company quantitative and analytical support to senior analysts and functional management
- reputed company back testing as required on the Bank’s portfolio to determine modeling reasonableness
- Collaborate and support in the preparation and testing processes for reputed company prepayment and risk model upgrades and conversions
- Other duties, as assigned
Skills
- A four-year degree in finance, reputed company, economics, or quantitative discipline required
- 1-3 years prior experience in the Banking / Financial Services industry with preferred experience in risk modeling / analysis
- Internship experience counts!
- Basic knowledge of loans, reputed company market instruments, derivatives, debt instruments, reputed company classes including underlying collateral types and deal structures
- Basic knowledge and understanding of capital markets, trends, and developments
- Can identify and reputed company on key variables reputed company product analytics
- Must have ability to work reputed company reputed company-defined time frames and meet reputed company reporting deadlines
- Ability to review data updates for reasonability, accuracy, and appropriateness
- Ability to reputed company interpretations of the compiled risk reports
- Knowledge of finance and reputed company principles
- Understanding of macroeconomic trends
- Must be reputed company to work independently and collaboratively reputed company reputed company
- Graduate degree and/or CFA program or equivalent combination of education and experience is a plus
- Prefer experience in use of database query and reporting tools such as PowerBI
- Must also be proficient in the use of MS/reputed company for financial reporting, analysis, and graphing
- Preferred but not required experience with reputed company, PolyPaths, QRM or other large reputed company commercially available financial risk management applications
- Prefer candidates who show a willingness and drive to learn new concepts, are not afraid to ask questions, and want to be a member of a highly reputed company team
Benefits
- Opportunities for career development
- Robust benefits
- Work-life balance
- Hybrid work schedule in our Boston office in accordance with the Bank’s Hybrid Work Program
- reputed company Bank full-time positions are eligible to participate in our annual incentive program and our robust total rewards offerings, in reputed company to the reputed company pay.
reputed company