Market Risk Associate

About the Role

The Market Risk team is responsible for understanding, measuring, and managing exposure to movements in stock prices, commodity prices, interest rates, and foreign exchange rates. The team operates in a dynamic environment, assessing and controlling risk central to Macquarie's business.

Key Responsibilities

• Approving new products, businesses, and trading strategies.
• Calculating VaR and calibrating the model.
• Monitoring and reporting risk metrics on a daily basis to senior management.
• Liaising with back office and support staff to ensure trading systems adequately represent the risk profile of trading books and that risk numbers are reported accurately and timely.
• Interacting regularly with front office traders to ensure market risks are fully understood and managed appropriately within the limit framework.
• Providing risk approval for new deals, products, and business initiatives.
• Assessing risks and ensuring suitable controls and limits are in place before trading activity begins.

Requirements & Tech Stack

• Strong analytical ability and judgment.
• Strong MS Excel skills.
• Ability to conceptualize, anticipate, and articulate emerging issues.
• Ability to assess the appropriateness of mathematical derivative pricing models within the context of real-world market conditions.
• Effective interpersonal and presentation skills.
• Ability to sustain a high level of performance under pressure with short deadlines.
• Experience required: 5 days/week in office.

Qualifications

• Bachelor’s degree.