Market Risk Analyst Cover Letter

In response to your job posting for market risk analyst, I am including this letter and my resume for your review.

Previously, I was responsible for structural market risk advice on funds transfer pricing polices to ensure appropriate risk-adjusted product pricing on retail and commercial products.

Please consider my qualifications and experience:

• Experience working with large data flows from many interacting systems and processes
• Knowledge of VBA, UNIX, SQL, Python an asset
• Working level knowledge of capital markets instruments and concepts
• Hands-on experience in building robust and well documented models across a range of analytical platforms (R, Python and Matlab)
• Experience in using advanced statistical models to fit distributions to historical data and back-test the performance of forecast models
• Provision of clear, proactive communications with the PMs and the wider project team, with the SMEs and key stakeholders
• Option pricing - more than vanilla European
• Use of Greeks

I submit this application to express my sincere interest in the market risk analyst position.

In the previous role, I was responsible for inventory at Risk Disposition Probability analysis to support expected business unit financial impacts based on current risk trends and actual scrap/loss relationships.

My experience is an excellent fit for the list of requirements in this job:

• Experience with VBA and Access or similar
• Previous experience in the Financial Industry is recommended
• Understanding of option pricing theory and the risk measurement of non-linear transactions
• Programming experience in any high level language
• IT savvy and having basic understanding in market risk reporting system operations and data extraction
• Deep understanding of financial greeks and their relation in the calculation of various risk measures
• Positive personality and ‘can do’ approach, demonstrating tenacity
• Strong knowledge of Microsoft Office products with emphasis on moderate to advanced Excel skills

Please consider me for the market risk analyst opportunity. I am including my resume that lists my qualifications and experience.

In the previous role, I was responsible for our clients with the financial market content they use for equity factor investing and managing risk.

Please consider my qualifications and experience:

• Highly developed computer skills, particularly using Excel and PowerPoint
• Strong proficiency in Excel and PowerPoint, including SQL and VBA
• Experience with relational and/or NoSQL databases
• Familiarity with big data and cloud computing concepts
• Hands-on experience in building robust and well documented models across a range of analytical platforms
• Experience using advanced statistical models to fit distributions to historical data and subsequent back-testing
• Familiarity with Barrie & Hibbert in the context of stochastic scenario generation
• Experience dealing with front-office staff and decision makers

In response to your job posting for market risk analyst, I am including this letter and my resume for your review.

Previously, I was responsible for financial analytics and risk analysis alternatives to minimize potential risks (technical, financial, competitive, etc.) and maximize benefits.

Please consider my experience and qualifications for this position:

• Perform analysis on market data and risk functionality
• Support the business with ad-hoc requests from different stakeholders
• Stay a step ahead by identifying and communicating to higher management potential risks, monitoring and understanding the impact of new market and macroeconomic trends in the portfolio
• Involvement in projects to increase process efficiency, create new tools to simplify current processes, improve analysis, develop new methodologies to capture risk accurately, implement new regulations, participate in regulatory exercises
• Complete/ deliver the assigned tasks related to standard market risk rwa calculations/ processes
• To be point of contact and liaise with key stakeholders to explain/ confirm material rwa movements
• To be familiar with all relevant control frameworks and ensure that our processes/ deliverables are in compliance
• Participate and lead strategic CRIS projects where needed, particularly with system UAT testings

I would like to submit my application for the market risk analyst opening. Please accept this letter and the attached resume.

Previously, I was responsible for specialist advice to the business with an emphasis on the impact and application of market risk management requirements.

Please consider my qualifications and experience:

• Basic understanding of statistical software packages and/or database queries
• To participate in the roll out of improvements in risk systems, processes and data feeds
• Very good Excel knowledge, preferably working knowledge in VBA and programming of macros
• Proactive and result oriented, driving and supporting efficiency in Market Risk processes
• Team worker and experience in working in an international and multi-location organization
• Relevant experience within a Market Risk environment in a trading company
• Strong knowledge and understanding of energy markets and the financial instruments commonly used for risk management for gas
• Knowledge of risk metrics such as VaR, stress tests, scenario analysis