This permanent role will be in the SwapAgent Risk Change team, whose responsibilities include development and maintenance of valuation models and the relevant risk management framework.
The job involves participation in SwapAgent initiatives completing Business Analysis and conducting feasibility research. This means assisting in the delivery of SwapAgent Risk projects and participation in the full project lifecycle. This varies from detailing business requirements and functional design decisions to unit and functional testing and issue resolution. You will also get a chance to look at Market Data streams and to ensure they are kept up to standard.
Conversations with the wider Risk management teams, Technology and Operations team, and other internal/external groups across all levels of seniority, would be actively encouraged on a regular basis to help you succeed.
This is an exciting, hybrid role with great career prospects. We would ask the successful candidate for 3 days work to be completed in the office and the remainder working remotely. Office attendance days are flexible, but one would be fixed to allow effective teamwork.
Key responsibilities of the role:
Risk Management
- Validate pricing methodology, risk analytics
- Conduct research for new initiatives
Project Delivery
- Assist in successful functional implementation and testing. Provide the necessary support and ensure quality delivery through the whole project lifecycle
- Build and run test plans, document test cases and results during the project test phase
- Investigate and analyse issues, recommend solutions where possible, raise problems appropriately
Market Data Management
- Validate and maintain Market Data (curves, fixings, volatilities)
- Ensure data quality, monitor dashboards and reconciliations
Role Specification:
- We expect the candidate to have a good understanding of the valuation and product specification of financial instruments. This could include FX, Fixed Income, or Interest Rate Derivatives.
- We require someone with knowledge of Market Risk concepts, e.g. Market Data, Pricing and Sensitivities.
- The candidate should be at ease working on Technology focused projects and be fully aware of a project lifecycle, ideally with experience delivering business change within the Investment banking sector.
- Coding Skills (Python/java) or prior exposure to Risk Management systems (like Murex) are a plus, but if you don’t have those attributes, we can show you!
Required skills and experience:
- A minimum of 2 years experience in a similar role
- Highly numerate with a degree in quantitative finance, mathematics, economics or science-related disciplines, or equivalent experience.
- Conceptual / technical knowledge of financial risk management techniques, in particular relating to interest rate and credit products.
- Strong numerical competency.
- Effective critical analysis and reasoning skills.
- Effective and confident communicator (written and oral).
- Ability to work autonomously on individual projects.
Values & Behaviours
Integrity: My word is my bond. Integrity underpins all that we do – from unshakable commitment to building and supporting global markets based on transparency and trust, to every transaction across our business with each and every stakeholder. We are a source of enduring confidence in the financial system, so when we say that our work is our bond – we mean it!
Partnership: We collaborate to succeed. We pride ourselves on working together as proactive partners, building positive relationships with our colleagues, customers, investors, regulators, governments and shareholders – for our mutual success and the benefit of all!
Innovation: We nurture new ideas. We are ambitious and forward-looking – a pioneering Group of market innovators, driven by fresh thinking that has kept us ahead of change. We prudently and proactively invest to make sure that our markets and services constantly moving forward, developing and evolving with advances in technology.
Excellence: We are committed to quality. We have a fundamental commitment to developing talented teams who deliver to the highest standards in all that we do. By working together, we will sustain industry-leading levels of excellence, setting the benchmarks that inspire ever better performance.
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.
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