Madison-Davis Client

Overseeing a team of 9, all very junior members
Must have Equity Derivates experience
Must understand VAR
Must be able to face off with the business, this position sits on trading floor and needs to be able to be comfortable facing off with traders
Role will ensure oversight of production, be able to certify the P&L is correct; Monitor and report risk breaches and notify front office
Oversee dashboards creation and ensure accuracy

The main missions of the team are to:

Produce, certify and publish the risk and P&L metrics of the trading desk
Help traders understand and manage their positions and risks through various reports and analysis
Be a major contributor to the different regulatory projects that impact the bank

Working closely with the trading teams to develop a deep knowledge of their business and clients
Production and certification of Greeks and sensitivities to different risk factors (Spot, Volatility, Dividend, Repo, Forex etc);
Monitoring and certification of Stress-Tests and regulatory metrics such as Value-at-Risk
Contribute to the backtesting of the VaR
Specific analysis to explain risk exposure and/or business performance to our different partners
Monitoring of risk limit consumptions and follow-up of limit breaches with Front-Office and Risk management
Certification of the Profit & Loss and Income Attribution of the trading desk
Publish commentary about the Daily and Monthly P&L to senior management
Reconciliation of month end Economic P&L to the general ledger
Liaison with other departments to work on transversal and regulatory projects
Continuous enhancement of P&L/Risk processes and systems using VBA/Python for macros and ITEC teams for the global industrialized tools
Creation of daily and weekly Dashboards in order to better monitor the trading activity

Strong interpersonal skills
Handle various ad-hoc requests
Prone to take initiatives
Reactive, detail-oriented, driven to work in a fast learning environment
Solid verbal and written communication skills
Ability to prioritize and work in a dynamic, deadline-focused environment
Self-motivated and proactive
Willingness & a strong desire to learn
Knowledge of Equity derivative instruments
Strong analytical and mathematical skills
Proficient VBA/SQL programming
Knowledge of volatility instruments would be a plus
Python programming language.
Experience in a financial industry company with good knowledge of Equity risk and P&L metrics.