Product Risk Analyst, 100% Product Risk Analyst, 100% …

Bank Julius Bär & Co. Ltd
in Zurich, Zurich, Switzerland
Permanent, Full time
Be the first to apply
Bank Julius Bär & Co. Ltd
in Zurich, Zurich, Switzerland
Permanent, Full time
Be the first to apply
Product Risk Analyst, 100%
Julius Baer is the leading Swiss private banking group with a focus on servicing and advising sophisticated private clients and a premium brand in global wealth management. That is why a comprehensive range of services and first-class service quality are essential - as are the committed teams that provide them.

  • Act as subject matter expert in terms of Product Risk Rating (PRR) methodologies as well as MSCI Risk Metrics and MSCI Barra One risk models
  • Further develop the Bank's current PRR methodology and support product risk governance decisions
  • Initiate and drive risk model enhancements and re-calibration to keep up with industry developments
  • Act as second level support in case of questions or problems regarding rating of instruments
  • Define risk calculation methodology for new product types
  • Review model and model parameters (e.g. stress tests factors and calibration, multi-asset risk factors etc.)
  • Check data quality for newly added instruments and assign proxies if required
  • Analyse results using statistical techniques and data analytics to locate issues and apply corrective measures
  • Ensure regular independent validation of the product risk ratings and their underlying components
  • Provide Bank-wide training on all PRR methodology related topics
  • Develop and implement databases, data collection systems, data analytics and other strategies that optimize statistical efficiency and quality
  • Locate and define new process improvement opportunities

  • Master degree in Mathematics, Quantitative Finance, Economics or Statistics
  • Solid background and knowledge in investment risk management and quantitative finance topics
  • 2+ year experience in market risk / investment risk
  • Profound understanding of risk topics (market / credit / liquidity risk), risk assessment of linear vs. non-linear products, or direct vs. collective instruments, risk factor models
  • Technical expertise regarding data models and database design development
  • Strong knowledge of and experience with programming (XML, Python)
  • Strong analytical skills with the ability to collect, organize, analyse, and disseminate significant amounts of information with attention to detail and accuracy
  • Profound IT knowledge with emphasis on database development skills (MS Office, hands-on experience with MS Access / VBA, SQL)
  • Data science know-how and experience with software applications such as R would be a plus
  • Strong analytical skills and flair for analysing large data sets and risk figures
  • Fluency in spoken and written German and English is a must
  • Able to work on own initiative, willing to take responsibility and ownership
  • Distinguished flexibility and efficiency
  • Able to build reliable and trusted relationships within the various functions of the organisation
  • Self-motivation, discipline, task focus, ability to structure and present work and proven record of delivering high quality results to strict deadlines

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