12 Month Internship - Market Activity Monitoring

We are seeking a Market Risk Intern to join our Treasury/Linear Products team. This role is crucial for the production and analysis of P&L figures and Market Risk indicators, ensuring compliance with market risk limits. The successful candidate will report directly to the MAM Section Head and play a key role in maintaining the integrity and accuracy of financial data. The ideal candidate will possess a strong analytical background, with the ability to apply mathematical skills to complex financial tasks.

Key Responsibilities are, but are not limited to:

Collect, validate, and control market parameters using Front Office systems and dedicated environments, including Global View for risk management Daily production, control, and analysis of P&L figures and market risk limits utilisation Conduct daily production of VAR and back testing of the VAR, along with derived risk indicators such as correlation and stress scenarios Prepare and deliver daily reports on all elements of P&L and market risk, including limits breaches, to the business line and the risk manager Perform daily control of reconciliation of stocks, past cash flows, and FX positions between Front Office and Back Office systems Calculate provisions and hold back reserves as necessary Review month-end P&L reconciliation produced by the accounting/financial control department, validating any required adjustments or identified methodology differences Participate in the specifications, implementation, and testing of systems used Coordinate with the quant team to ensure that the pricers used are validated Provide PnL attribution/explanation using Risk indicators and Market Data moves