Job Description Summary

Provide specialist market risk management analysis skills to manage the organization's market risk exposure on a day-to-day and long-term basis for various financial products. Enforce allocated risk levels, promote adherence to trading limits, risk control policies and procedures, and implement validation procedures for all transactions. Provide daily risk exposure reports (e.g. MTM positions, volumetric exposures and change drivers), perform back-testing and stress testing, calculate MTM and risk metrics such as VaR of portfolios, validate and model forward curves for all commodity exposures (market analysis), access market quotes for MTM assessment, and contribute to the development of market risk policies.

Job Description

Job Summary

The Senior Market Risk Analyst will support the Market Risk team in monitoring, reporting, and analyzing risk exposures across trading businesses, including Fixed Income, Structured Products, and Equities. This entry-level role is ideal for candidates with strong analytical skills and a keen interest in financial markets, offering exposure to both risk management and reporting functions within a dynamic trading environment.

Essential Duties and Responsibilities

• Assist in the daily production and validation of market risk reports, including Value-at-Risk (VaR), sensitivities, and stress testing.
• Support the monitoring of market risk exposures and limit utilization across trading desks.
• Help reconcile risk data and investigate discrepancies in coordination with risk managers and technology teams.
• Contribute to the automation and enhancement of reporting processes using tools such as Excel, Python, or SQL.
• Participate in the preparation of materials for risk committees and senior management.
• Maintain documentation of reporting procedures and data sources.
• Stay informed on market developments and assist in ad hoc risk analysis as needed.

Knowledge, Skills, and Abilities

Knowledge of

• Basic financial instruments and markets, including fixed income, equities, and derivatives.

• Core market risk concepts such as Value-at-Risk (VaR), stress testing, and risk sensitivities (e.g., delta, gamma, vega).

• Fundamental principles of risk management and regulatory frameworks (e.g., Basel III, CCAR) is a plus.

Skill in

• Microsoft Excel, including functions, pivot tables, and basic VBA scripting.

• Data analysis and visualization using tools such as Python, SQL, or Tableau (preferred but not required).

• Identifying data inconsistencies and performing reconciliations with attention to detail.

• Communicating clearly and concisely, both in writing and verbally, with technical and non-technical stakeholders.

Ability to

• Learn quickly and apply new concepts in a fast-paced, dynamic environment.

• Work collaboratively within a team and across departments such as trading, technology, and finance.

• Manage multiple tasks and deadlines with a high degree of accuracy and accountability.

• Think critically and analytically to support risk assessments and reporting enhancements.

Educational/Previous Experience Requirements

Education/Previous Experience

• Bachelor’s degree in Finance, Economics, Mathematics, Engineering, or a related field.

• OR ~

• Any equivalent combination of education, training or experience approved by Human Resources.

Please note: This role is not eligible for immigration Work Visa sponsorship, either currently or in the future.

Education

Bachelor’s: Accounting, Bachelor’s: Actuarial Science, Bachelor’s: Applied Mathematics

Work Experience

General Experience - 3 to 6 years

Certifications

Other License Not Listed - Other

Travel

Less than 25%

Workstyle

Hybrid

At Raymond James our associates use five guiding behaviors (Develop, Collaborate, Decide, Deliver, Improve) to deliver on the firm's core values of client-first, integrity, independence and a conservative, long-term view.

We expect our associates at all levels to:
• Grow professionally and inspire others to do the same
• Work with and through others to achieve desired outcomes
• Make prompt, pragmatic choices and act with the client in mind
• Take ownership and hold themselves and others accountable for delivering results that matter
• Contribute to the continuous evolution of the firm

At Raymond James – as part of our people-first culture, we honor, value, and respect the uniqueness, experiences, and backgrounds of all of our Associates. When associates bring their best authentic selves, our organization, clients, and communities thrive. The Company is an equal opportunity employer and makes all employment decisions on the basis of merit and business needs.

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