What are the responsibilities and job description for the Financial Analyst position at Connvertex® Technologies?
Job Title: Financial Analyst
Duration: 12 Months with Possibility of Extension
Location: Hybrid – McLean, VA
As a Financial Analyst in the Counterparty Risk Department, you will play a pivotal role in analyzing, assessing, and monitoring counterparty credit risk exposures. This is an excellent opportunity for individuals with a passion for financial markets, quantitative analysis, and risk management to gain hands-on experience in a dynamic, fast-paced environment.
Key Responsibilities:- Risk Analysis & Modeling: Assist in developing, validating, and implementing quantitative models to measure counterparty credit risk, including exposure modeling, stress testing, and scenario analysis.
- Data Management: Collect, clean, and organize data related to counterparty transactions and risk exposures. Work with a variety of financial and market data sources to ensure accuracy and integrity.
- Exposure Monitoring: Monitor daily counterparty exposure levels, identify potential breaches of risk limits, and support efforts in risk mitigation.
- Risk Reporting: Prepare and deliver daily, weekly, and monthly reports on counterparty risk metrics, exposures, and trends for internal stakeholders and regulatory compliance.
- Market Analysis: Support research by analyzing market trends, macroeconomic factors, and emerging risks that could impact counterparty exposures.
- Documentation & Compliance: Ensure proper documentation of models, processes, and reporting standards, in alignment with regulatory guidelines and internal policies.
- Cross-functional Collaboration: Collaborate with teams across risk management, trading, and compliance to ensure a unified and effective approach to counterparty risk management.
- Bachelor’s degree in Financial Engineering, Applied Mathematics, Statistics, Economics, or a related quantitative field.
- Programming Skills: Proficiency in Python, R, or MATLAB for data analysis and model development.
- Database Management: Familiarity with SQL for data extraction and management.
- Exposure to risk management software (e.g., Bloomberg, SAS, Murex) is a plus.
- Strong quantitative and analytical abilities, with a solid understanding of statistical methods, financial markets, and derivatives.
- Excellent attention to detail, ensuring data integrity and accurate risk metrics.
- Ability to present complex risk metrics and analysis to both technical and non-technical stakeholders.
- 0-2 years of experience in financial engineering, risk management, or a related field (internships and academic projects are acceptable).
- Familiarity with counterparty credit risk is a plus.
