Senior Market Risk Analyst

Why Eurobank?

Are you enthusiastic about having a positive impact and working with a great team?

Join us at Eurobank where Prosperity needs Pioneers! You will belong in a banking community that drives innovation, strives to exceed customers’ expectations, commits to sustainable practices, and combines global insights with local expertise to deliver exceptional value to all our stakeholders. Take advantage of multiple learning & development opportunities, flexible work arrangements, and a workplace where you will feel valued and respected!

But hold on! We’re looking for more than just a great CV: We’re looking for your unique personality. 

Apply today and be part of a team as unique as you!

Position Overview

We are seeking for a passionate, experienced Senior Market Risk Analyst to join our Group Market & Counterparty Risk (GMCR) within the Group’s Risk Management Unit.

As a Senior Market Risk Analyst, you will add value by assessing, quantifying and monitoring market risk and further contribute to the implementation of demanding projects across the Sector’s responsibilities, focusing in the area of Market Risk.

This role involves analyzing various market risk factors (such as interest rates, foreign exchange rates, equity prices, commodity prices and volatilities) to provide insights and develop strategies that mitigate potential losses. The ideal candidate will possess a strong analytical mindset, proficiency with financial models, and the ability to interpret large data sets.

Your key responsibilities will be:

• Risk Assessment & Analysis: Analyze and quantify market risks using statistical and financial models, including key risk metrics (e.g., Value-at-Risk (VaR), PFE), stress testing, scenario and sensitivity analysis
• Market Risk Monitoring: Effectively monitor the market risk exposures, ensure compliance with the established limits framework and report breaches of thresholds to relevant stakeholders
• Analysis of P/L of Financial Instruments and preparation of risk vs return reports
• Market Monitoring: Monitor financial markets, including interest rates, foreign exchange rates, equities, volatilities and commodities, to quantify existing / identify emerging risks and market trends
• Reporting & Documentation: Prepare detailed reports on market risk exposure and present relevant material to senior management, internal committees and regulatory bodies. Contribute to the documentation of the Group’s market risk policies and processes. Ensure compliance with regulatory requirements related to market risk, including Basel III/IV, stress testing, and other regulatory frameworks
• Model Development: Develop, monitor and maintain quantitative models to assess risk metrics, ensuring alignment with industry standards and regulatory requirements
• Scenario Implementation: Conduct scenario analyses to evaluate the impact of hypothetical market events on the Group's portfolios and balance sheet
• Collaboration with other Teams: Liaise and collaborate with the Sector’s Units and IT, Treasury teams, and other departments to ensure effective risk management practices and provide insights on risk-taking activities. Participate in market risk related projects

You will be a great candidate if you:

• Own a quantitative degree in Finance, Risk Management, Financial Engineering or Modelling, Mathematics /Physics, Engineering, IT or other strong analytical studies; a Master’s degree or relevant certifications (e.g., FRM, CFA) will be preferred. A combination of two degrees on analytical areas and experience on Risk Management / Financial Analysis is highly desirable
• Have solid programming skills in at least one language such as Python, R, or advanced VBA are highly desired. Proficiency in risk management tools and software will be appreciated
• Have strong quantitative and analytical skills, with the ability to interpret complex data sets and provide actionable insights
• Have excellent verbal and written communication skills, with the ability to clearly present complex information. Experience working in a team-oriented and collaborative environment
• Have high level of accuracy and attention to detail, with the ability to work under pressure in a fast-paced environment
• Have a background in a position related to market risk analysis and control, financial risk modelling and pricing, and/or project management of risk management projects with minimum 3-5 years of experience in these areas
• Preferably have knowledge of regulatory requirements related to market risk (e.g., Basel III/IV). Experience in derivatives pricing and use of advanced statistical techniques for risk analysis

Bring your enthusiasm!  

Share the same value-based behaviors and support our Purpose: “Prosperity Needs Pioneers!” 

• Learn & self-improve with every opportunity
• Bring high-impact results
• Build mutually beneficial relationships with clients and colleagues
• Bring people around to your idea, solution, or direction
• Develop new solutions, minimize complexity
• Gain other people's trust

What’s in it for you:

• Competitive remuneration. 
• Hybrid work: work-life balance through remote and in-office work.    
• Learning & Development: 
  • Access Unlimited LinkedIn Learnings, international training methodologies 
  • Upskilling, Professional development and career guidance from successful executives.    
  • Identification and Utilization of Talent Pool through a structured Talent Management process.    
• Wellbeing: 
  • Premium Health & Life insurance for you, your partner and/or your family and mental health support.  
  • Pension plan to support your plans and future financial expectations.   
  • Team building & wellbeing activities.   
  • Potential Extra days of annual leave (Winter Bonus).     
  • Engage in volunteering activities through our TeamUp program. 
• Extra Benefits:
  • Exclusive discounts at partner stores.   
  • Staff pricing for banking products.   
  • Nursery and summer camp allowance for your little ones.   

Join us!

If you think you are the right fit for this role, we'd like to hear from you!

Apply by 6/2/2025
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At Eurobank we are committed to providing equal employment opportunities and prohibit all forms of discrimination. All applicants will be treated fairly and with the utmost confidentiality.