FX Market Risk Analyst

A global investment bank is currently recruiting for a highly analytical and detail‑driven FX Market Risk Analyst to join the Market & Counter party Risk team on a permanent basis.

They are based in London and offer hybrid working with three days per week required in the office.

This role plays a critical part in monitoring FX and FX Options market activity, analysing risk exposures, validating risk metrics, and ensuring the bank maintains strong risk‑management standards across its Global Markets business.

You will work closely with traders, senior management, technology teams and global risk stakeholders to deliver high‑quality market‑risk oversight, contribute to risk‑framework enhancements, and support ongoing regulatory initiatives.

• Perform daily, weekly and monthly analysis of FX and FX Options positions, risk indicators and P&L
• Monitor market activity and communicate key risk movements to senior management
• Validate risk metrics, prepare detailed risk reports and monitor limit usage, escalating breaches as required
• Support the definition, enhancement and annual review of the market‑risk framework and limits
• Participate in the approval process for atypical or one‑off transactions
• Contribute to the ongoing improvement of risk‑monitoring tools, data quality and methodologies
• Maintain regular dialogue with traders to ensure a deep understanding of business activity and underlying risks
• Ensure the accuracy of market data and its suitability for risk‑calculation purposes
• Support cross‑functional regulatory tasks including FRTB, Benchmark requirements, and Market Risk Committee reporting
• Participate in internal and external audits and assist in implementing recommendations
• Contribute to ecosystem transitions, including migrations to the MASAI risk platform
• Produce high‑quality dashboards, documentation and ad‑hoc analysis for internal and external stakeholders

• Degree in Engineering, Economics, Finance, Business Administration or related discipline
• Experience in capital markets (front office, risk, middle office or related functions)
• Strong analytical ability with the capability to break down complex problems and propose clear solutions
• Excellent communication skills with the ability to explain technical topics clearly and concisely
• Ability to work autonomously while providing regular updates and seeking support where appropriate
• Strong relationship‑building skills with the confidence to challenge and negotiate with traders
• Proficiency in Microsoft Office and working knowledge of Python or similar programming languages
• Ability to automate reporting and data processes for analysis and monitoring
• Strong interest in financial markets, risk management and coding
• Experience with in market‑risk management in an investment bank
• Familiarity with risk indicators, limit frameworks and valuation adjustments
• Exposure to regulatory initiatives such as FRTB
• Experience improving risk systems, monitoring platforms or analytics tools

• Naturally curious with a strong analytical and investigative mindset
• Methodical, organised and able to work effectively under pressure
• Self‑motivated, proactive and capable of working independently
• Confident communicator with strong commercial awareness
• Collaborative team player with the ability to build strong working relationships

If you have the right experience for this role and are looking to develop your career within a global investment bank, apply now and we’ll be in touch.