Market Risk Analyst FTC - #2086794

A leading international bank in London is seeking a Market Risk Analyst to join its Risk function. This is an excellent opportunity for someone with a quantitative background who is looking to deepen their experience across market risk monitoring, exposure analysis, and risk reporting within a well-structured and highly regulated environment.

You’ll work closely with the Market Risk Manager and gain exposure to a wide range of treasury and wholesale banking products, as well as senior stakeholders across the business.

Title: Market Risk Analyst

Location: London (5 days onsite)

Contract: 6 months

Pay: £250 daily rate

About the Role

As a Market Risk Analyst, you will play a key role in monitoring the bank’s market risk exposures, ensuring accurate reporting, and supporting enhancements to the bank’s risk infrastructure. You will contribute to daily limit monitoring, stress testing, exposure calculations, and improvements to risk methodologies and reporting processes.

Key Responsibilities

• Monitor daily market risk exposures and ensure adherence to approved limits
• Produce accurate market risk metrics and reports for senior management and Head Office
• Support improvements to risk systems, reporting processes, and risk infrastructure
• Assist with the development and enhancement of market risk methodologies
• Monitor counterparty and country risk, and perform stress testing and qualitative assessments
• Act as an admin for internal and external trading and risk management platforms
• Support the review and implementation of policies and requirements from Head Office

Skills & Experience Required

• Bachelor’s degree in a quantitative discipline (e.g., maths, statistics, physics, engineering)
• 1-2 years’ experience in UK Market Risk or a related area
• Strong understanding of market risk concepts, measurement methodologies, and reporting processes
• Advanced Excel and VBA skills (essential)
• Knowledge of wholesale banking and treasury products (Rates, FX, Loans)
• Understanding of PRA regulatory frameworks is beneficial but not essential