Senior Market Risk - Distressed Debt

Job Description

Job Description

Senior Market Risk - Distressed Debt

Market risk leadership position supporting the credit trading/distressed team of an international investment bank

Responsibilities:

Effectively risk manage all relevant risk factors inherent to the trading of distressed instruments (market risk, legal risk, idiosyncratic and restructuring risk) Conduct quantitative and qualitative risk analysis on distressed debt instruments both prior to and post trade execution Provide recommendations and analysis on risk mitigation strategies Proactively assess positions including deep dive investigations of large P&L and/or risk movements, and quantify existing and new risks while providing cogent commentary to senior stakeholders. Assist in the definition, review and implementation of limits and ensure risk is well monitored and reported. Participate in the development of new and enhanced risk tools Perform impact analysis of new models including testing for valuation and risk across the HY book(s) Develop and compute Stress‐test scenarios and analyze the results. Ensure updated and relevant reserves and Prudent Valuation methodologies are in place.

Requirements:

Relevant quantitative market risk management experience Strong knowledge of fundamental credit analysis and/or financial modelling skills gained from prior experience within corporate credit analysis. Strong knowledge of restructuring process and associated trading strategies Understanding quantitative risk measures and related modeling / methodology Ability to understand, identify, and communicate key risks associated with a variety of processes and transaction structures. Experience in credit trading (High Yield Cash/CDS) preferred Masters degree in a quantitative discipline (e.g., statistics, physics, math)

For immediate consideration, please forward resume and contact details to:

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