Logo of Huzzle

Home

Matches

Explore

Manage

Market Risk Internship

image

Natixis Corporate & Investment Banking

Aug 7

Applications are closed

  • Internship
    Full-time
    Off-cycle Internship
  • London

Requirements

  • Job Requirements:
  • - Reporting to the Head of Market Risk EMEA
  • - Administrating the data on a consistent and secure way
  • - Allowing for the appropriate control, quality checks, certification and delivery in official repositories
  • - Monitoring the Marpl scope of action for ensuring the constant regulatory compliance
  • - Governing the relevant referentials along a clear governance
  • - Ensuring an exhaustive, consistent and up-to-date vision of the Market Risk ecosystem
  • - Monitoring of the IMA/SA perimeters
  • - Keeping the list of portfolios falling in the Trading book and the Banking book
  • - Maintaining the scope of responsibilities of Market Risk with regards to its various duties
  • - Administration of all repositories for which Market Risk leads the governance
  • - Liaising with the Data Office for the global up of repositories
  • - Operating the data quality control of BOP
  • - Responsible for the methodology and the consistency of the data quality control applied on Market Risk' scope
  • - Reviewing the Risk factors used for the VaR computations
  • - Managing various production processes in the context of the MC VaR, Historical VaR, RIM and related controls, updates and reportings
  • - Customizing and performing effective control rules dynamically
  • - Implementing automated control rules in "MDM" and "You Price"
  • - Certifying, auditing and making procedures available for documented data
  • - Creating and setting up instruments like bonds, equities, options, futures, EMTN
  • - Keeping data up-to-date all along its trading cycle
  • - Verifying cash-flows and schedules in FO tools based on settlements
  • - Collecting and feeding market data to FO calculation systems
  • - Guaranteeing the marking and the complete review of parameters implied from Totem prices consensus or other market prices
  • - Defining the guidelines and best practices for the exposures to be covered
  • - Contributing to important transverse duties at the Data Piloting Center level
  • - Leading all market data initiatives inside the FRTB Project
  • - Having a global transversal view of the data general monitoring and control set up for Market Risk

Responsibilities

  • - Sandbox monitoring
  • - Ensuring at any point in time, for Market Risk ecosystem, the appropriate exhaustive, consistent and up-to-date vision of its bounds. This includes in particular monitoring of the IMA/SA perimeters, the list of portfolios falling in the Trading book and the Banking book, the scope of responsibilities of Market Risk with regards to its various duties (monitoring of risks, P&L production/certification, scope of application of existing SLAs - notably BPCE; CC production and analysis, etc...).
  • - Administration of all repositories for which Market Risk leads the governance
  • - Liaising with the Data Office for the global up of repositories
  • - Operating the data quality control of BOP ("Base des Opérations")
  • - Responsible for the methodology and the consistency of the data quality control applied on Market Risk ' scope
  • - the review of the Risk factors used for the VaR computations;
  • - various production (daily/weekly/monthly) processes in the context of the MC VaR, Historical VaR, RIM and related controls, updates and reportings
  • - effective (control rules are customized and performed dynamically),
  • - automated (implemented in "MDM" and "You Price") and
  • - documented (data is certified, auditable and procedures available).
  • - Creation: set up instruments (bonds, equities, options, futures, EMTN...),
  • - Amendment, parameterization, corporate actions monitoring: keep data up-to-date all along its trading cycle, keep instruments up-to-date, verify cash-flows and schedules in FO tools based on settlements (match the flows received/paid by BackOffice),
  • - Collect and feed market data to FO calculation systems,
  • - Guaranteeing the marking and the complete review of parameters implied from Totem prices consensus or other market prices and defining the guidelines and best practices for the exposures to be covered.
  • - Contribute to important transverse duties at the Data Piloting Center level including:
  • - The leadership of all market data initiatives inside the FRTB Project
  • - Global transversal view of the data general monitoring and control set up for Market Risk

FAQs

What is the primary responsibility of the Market Risk Intern?

The primary responsibility of the Market Risk Intern is to administrate data consistently and securely, ensuring appropriate control, quality checks, certification, and delivery in official repositories.

Who will the Market Risk Intern report to?

The Market Risk Intern will report to the Head of Market Risk EMEA.

What are the main missions of the Market Risk Internship?

The main missions include sandbox monitoring, repository administration, data quality control, econometrics review, independent price verification, and contributing to transverse duties at the Data Piloting Center level.

What kind of tasks will the intern handle in econometrics?

The intern will review risk factors used for VaR computations and manage various production processes related to MC VaR, Historical VaR, RIM, and related controls and reportings.

Is there an opportunity to work on market data initiatives?

Yes, the intern will contribute to significant market data initiatives within the FRTB Project as part of their transverse duties.

What is expected from the intern in terms of data quality?

The intern is responsible for operating data quality control on the Base des Opérations (BOP) and ensuring the methodology and consistency of data quality control for Market Risk's scope.

Will the intern have a role in managing static and dynamic data?

Yes, the intern will be involved in creating and maintaining static data for instruments as well as collecting and feeding market data to front office calculation systems.

How does Natixis promote diversity and inclusion in the workplace?

Natixis promotes diversity and inclusion by creating an environment that values diverse backgrounds and perspectives, providing equal opportunities for employees, and embracing inclusive practices across various dimensions.

Are there flexible working arrangements available for interns?

Yes, Natixis offers flexible working arrangements and is open to considering them during the internship.

Is there support for candidates with special needs during the recruitment process?

Yes, Natixis is committed to finding reasonable accommodations for candidates with special needs or disabilities during the recruitment process.

image

Natixis Corporate & Investment Banking

Finance
Industry
5001-10,000
Employees
2006
Founded Year

Mission & Purpose

Natixis Corporate & Investment Banking is a leading global financial institution that provides advisory, investment banking, financing, corporate banking and capital markets services to corporations, financial institutions, financial sponsors and sovereign and supranational organizations worldwide. Our teams of experts in around 30 countries advise clients on their strategic development, helping them to grow and transform their businesses, and maximize their positive impact. Natixis CIB is committed to aligning its financing portfolio with a carbon neutrality path by 2050 while helping its clients reduce the environmental impact of their business. As part of the Global Financial Services division of Groupe BPCE, the second largest banking group in France through the Banque Populaire and Caisse d’Epargne retail networks, Natixis CIB benefits from the Group’s financial strength and solid financial ratings (Standard & Poor's: A, Moody's: A1, Fitch Ratings: AA-, R&I: A+).

Benefits

  • Pension Plan

  • Work From Home

  • Health Cash Plan

  • Sick Pay