Market Risk Analyst

The Market, Investment, Liquidity, and Counterparty Risk Department part of the Group Risk Management Division and the independent control function for these risks is seeking a Market Risk Analyst. The department is responsible for developing risk policies and methodologies, monitoring exposures, validating models, supporting trading activities, and leading risk-related system and analytical developments across the bank in Israel and abroad.

Role Responsibilities

• Ongoing monitoring of the bank’s trading book, including market risk analysis and limit monitoring. Risk measures are calculated several times a day.
• Performing simulations to assess the impact of new transactions on existing positions, in coordination with the dealing room.
• Professional interaction with traders regarding limit breaches, risk assessments, and portfolio impacts.
• Financial engineering of derivative instruments and implementation within the risk management system.
• Preparing ongoing and periodic reports for various internal stakeholders.
• Monitoring developments in derivatives markets and identifying required updates to risk models and systems.
• Processing and analyzing data received from multiple sources within the bank.

Requirements

• Bachelor’s degree in Economics / Business Administration (with a Finance specialization).
• Experience in market risk management or derivative trading.
• Strong familiarity with financial markets and derivative instruments.
• Advantage: quantitative degree (Mathematics / Statistics / Physics).
• Advantage: experience in data processing, Excel, and VBA.