Internship/Trainee

12 Month Internship - Market Activity Monitoring

Modified on 22/04/2024

  • London - United Kingdom
  • Risk Management / Control
  • 2024-88921

Job description

Key Responsibilities

 

This role reports directly to the Head of Market Activity Monitoring (MAM) for Treasury/Linear Products in the UK.

The MAM Department has two key responsibilities:

1)     Production and analysis of the P&L figures

2)     Production and analysis of the Market Risk indicators and monitoring of their associated limits.

 

Systems: this production is carried out using Front Office systems and dedicated environments. Global View is the dedicated tool used for risk management purpose.

 

·       Collection, validation and control of market parameters.

·       Daily production, control and analysis of P&L figures and market risk limits utilisation.

·       Daily production of VAR and back testing of the VAR, derived risk indicators (correlation, stress scenarios, etc).

·       Daily report of all elements of P&L and market risk (including limits breaches) to the business line and the risk manager.

·       Daily control of reconciliation of stocks and past cash flows, FX positions between FO system and BO systems.

·       Calculation of provisions, hold back reserves etc.

·       Review of month end P&L reconciliation (accounting P&L Vs MAM P&L) produced by the accounting/financial control department. The MAM department plays an active role in this exercise, as it needs to validate any required adjustment or identified methodology differences (of any pending items).

·       Participation in specifications, implementation and tests of the used systems.

·       Coordination with the quant team to make sure that the pricers used are validated.

·       P&L attribution/explanation using the Risk indicators and Market Data moves.

 

Legal and Regulatory Responsibilities

 

·        Comply with all applicable legal, regulatory and internal Compliance requirements, including, but not limited to, the London Compliance manual and the Financial Crime Policy.

·        Maintain appropriate knowledge to ensure to be fully qualified to undertake the role. Complete all mandatory training as required to attain and maintain competence.

 

    • Duration
    • 12
    • Position with management
    • No
    • Minimum level of study
    • Bachelor Degree / BSc Degree or equivalent
    • Training / Specialization
    • Further education with emphasis on Markets / Economics   
    • Compétences recherchées
      • Knowledge of the market activities, Treasury / Interest Rate financial products.
      • Good experience/knowledge of Microsoft EXCEL (VB Macros) & ACCESS.
      • Team player
      • Adaptability and flexibility
      • An ability to work under pressure and to tight deadlines
      • Strong attention to detail
    • Languages
    • English

  • About Crédit Agricole Corporate and Investment Bank (Crédit Agricole CIB) Crédit Agricole CIB is the corporate and investment banking arm of Crédit Agricole Group, the 10th largest banking group worldwide in terms of balance sheet size (The Banker, July 2022). 8,600 employees in more than 30 countries across Europe, the Americas, Asia-Pacific, the Middle-East and North Africa, support the Bank's clients, meeting their financial needs throughout the world. Crédit Agricole CIB offers its large corporate and institutional clients a range of products and services in capital market activities, investment banking, structured finance, commercial banking and international trade. The Bank is a pioneer in the area of climate finance, and is currently a market leader in this segment with a complete offer for all its clients. For more information, please visit www.ca-cib.com Twitter: https://twitter.com/ca_cib LinkedIn: https://www.linkedin.com/company/credit-agricole-cib/ By working every day in the interest of society, we are a group committed to diversity and inclusion. All our positions are open to people with disabilities.

Crédit Agricole CIB
Crédit Agricole CIB
Crédit Agricole CIB

Crédit Agricole CIB

12 Month Internship - Market Activity Monitoring

Published the 22/04/2024

Internship/Trainee
  • London - United Kingdom
  • Risk Management / Control
  • 2024-88921

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