Address
Salary The role sits within the RepoClear, EquityClear and Collateral and Liquidity Risk Management Team. This is a First Line Risk role within the business risk team.
The First Line Risk team is responsible for the day to day Risk Management of the exposures from our clearing members.
The role is divided into two responsibilities, project work and to take ownership of the Default Management process for all three services. The role will be split 50/50 between Default Management and projects.
- Project management, business analysis, co-ordination, ownership and SME input on the implementation of risk process improvements, risk system changes, methodology changes, market data processing changes.
- Default Management responsibilities include liquidity testing, building relationships with traders, automation of Default Management MI, liaising with legal team to ensure LCH Rulebook provisions are in place to aid timely and efficient management of default.
Key Responsibilities:
- Default Management Responsibilities – First Line Risk are responsible for all Default Management Processes for the three services: EquityClear, RepoClear and CALM. Engagement/Relationships with Default Management Group TradersOrganising and participating in both quarterly and annual Firedrills.Ensuring procedures and documentations reflect the current Rulebook.
- Responsible for maintaining Quantitative Risk library and Quant Risk infrastructure.
- Responsible for the write up of business requirements, risk governance papers and the presentation of these papers through internal and external governance forum.
- Key SME for project work in IT; or business such building benchmark validation and pricing curves for bonds in RCL and CaLM. The projects will be related to validation of instrument data used in the margin calculation for FI, or pricing position in CaLM.
- Responsible for UAT of instrument data projects where a validation interface occurs.
- Responsible for automation/development of automation tools of existing processes within Data Analytics. This includes developing tactical Python solutions, contributing to FLR RCL quant library, and engaging with IT for productionised solutions.
Enter the essential experience and skills required:
- Experience in analysis and implementation of Liquidity, Concentration and Market Risk models
- Excellent written and presentation skills
- Experience in senior stakeholder management
- Can do attitude, willingness to learn and grow
Skills
- Scripting skills required (R or Python scripting required)
- Market or Credit Risk experience
- Bloomberg + Reuters data manipulation
- Preferable to have experience with Asset Control and Calypso
LSEG is a leading global financial markets infrastructure and data provider. Our purpose is driving financial stability, empowering economies and enabling customers to create sustainable growth.
Our purpose is the foundation on which our culture is built. Our values of Integrity, Partnership, Excellence and Change underpin our purpose and set the standard for everything we do, every day. They go to the heart of who we are and guide our decision making and everyday actions.
Working with us means that you will be part of a dynamic organisation of 25,000 people across 65 countries. However, we will value your individuality and enable you to bring your true self to work so you can help enrich our diverse workforce. You will be part of a collaborative and creative culture where we encourage new ideas and are committed to sustainability across our global business. You will experience the critical role we have in helping to re-engineer the financial ecosystem to support and drive sustainable economic growth. Together, we are aiming to achieve this growth by accelerating the just transition to net zero, enabling growth of the green economy and creating inclusive economic opportunity.
LSEG offers a range of tailored benefits and support, including healthcare, retirement planning, paid volunteering days and wellbeing initiatives.
We are proud to be an equal opportunities employer. This means that we do not discriminate on the basis of anyone’s race, religion, colour, national origin, gender, sexual orientation, gender identity, gender expression, age, marital status, veteran status, pregnancy or disability, or any other basis protected under applicable law. Conforming with applicable law, we can reasonably accommodate applicants' and employees' religious practices and beliefs, as well as mental health or physical disability needs.
Please take a moment to read this
privacy notice
carefully, as it describes what personal information London Stock Exchange Group (LSEG) (we) may hold about you, what it’s used for, and how it’s obtained, your rights and how to contact us as a data subject
. If you are submitting as a Recruitment Agency Partner, it is essential and your responsibility to ensure that candidates applying to LSEG are aware of this privacy notice.
