What are the responsibilities and job description for the Trading Risk and Control Associate position at Dynamics Executive Search?
A dynamic opportunity is available for a highly motivated candidate to join a Trading Risk & Control group at an International Investment Bank. This role offers hands-on exposure to an interest rate derivatives trading floor, working with products across multiple major currencies. The Analyst will support the trading team, ensuring smooth operations while gaining valuable experience in trading strategies, valuation, and risk management. Given the small team size, this role provides broad exposure across various derivative products, including swaps, options, FX, and credit products.
Key Responsibilities:
- Monitor global financial markets, analyze market movements, and assess their impact on trading portfolios.
- Develop a strong understanding of interest rate derivatives valuation and market risk, including key valuation methodologies and models.
- Input and validate market parameters such as swap rates, spreads, cap/floor and swaption volatility, and prices of exchange-traded securities across multiple currencies.
- Conduct daily valuation of the derivatives portfolio, including calculation of mark-to-market (MTM) values, Greeks, and profit & loss (P&L) attribution.
- Perform monthly valuation analysis using internal models and external data sources.
- Proactively investigate and resolve trade discrepancies and reconciliation issues with middle office teams.
- Enhance and streamline existing valuation and operational processes to improve efficiency and accuracy.
Collaboration & Problem Solving:
- Work closely with financial analysts, quantitative analysts, and traders to support trading operations.
- Manage multiple tasks efficiently, solving problems independently under pressure.
- Communicate effectively with internal stakeholders to ensure timely resolution of issues related to trade execution and valuation discrepancies.
Qualifications & Skills:
- Bachelor’s or Master’s degree in Financial Engineering, Finance, Computer Science, or a related quantitative/analytical field.
- 0-5 years of experience in financial services, preferably within fixed income, trading, or risk management.
- Strong understanding of derivatives valuation concepts, Greeks, MTM calculations, and P&L attribution.
- Excellent attention to detail, problem-solving abilities, and accountability in a fast-paced environment.
- Effective communication skills, teamwork mindset, and strong work ethic.
- Proficiency in Excel, VBA, and Python for data analysis and process automation.
- Familiarity with fixed income markets and financial instruments.
