We offer you the opportunity to join the Market Risk and Valuation team of Commerzbank in our Prague office.

If you are passionate about financial markets, financial instruments and risk management, this job is for you! You will take integral part in our growing risk control hub we are building in Prague and become the member of the team providing essential Market Risk functions for the global Commodity, Equity and FX business of Commerzbank. You will utilize and extend your expertise in valuation (fair value measurement of financial instruments such as Commodity swaps or FX Options), market risk (monitoring of exposures, limits or value at risk of portfolios) and PL control topics.

Your tasks

Focus on global Commodities / FX business of Commerzbank (with main trading hub located in London)
Valuation and Independent Price Verification – Daily and monthly valuation of financial instruments using established pricing models and processes, guaranteeing the correct fair value in the accounting statements of Commerzbank, analysis of market moves and valuation results, and reporting to stakeholders and senior management
PL and Market Risk reporting – regular oversight, analysis and reporting of the Bank’s trading activities, monitoring the market risk exposures against limits, independently verifying the daily P&L result, analysis and explanation of unusual movements.
Ensuring compliance with procedures and policies, creating and maintaining process workflow and methodology documents
Ensuring high quality standards and adhering to timelines of critical reports and deliveries
Contributing to a positive team culture, closely cooperating and building strong working relationships with local teams as well as with colleagues from Front Office and Risk teams in international locations
Being the key contact for the designated business process, i.e. being the first person of contact for an operational query from business stakeholders, ensuring swift and effective communication and willing to take responsibility for dealing with unusual issues.
Contributing to projects and initiatives related to Market Risk functions, improving and streamlining processes to increase operational efficiency and reduce risks

Your profile

University degree in economics, finance, mathematics, or related fields
Strong interest in financial instruments, risk management, valuation and related topics
At least 2 years of experience in Market Risk Management, Financial Control, Investment Banking, Derivatives Trading or related fields
Knowledge of financial instruments, their mechanics and valuation principles, knowledge of basic financial mathematics
Advanced knowledge of Microsoft Office; VBA and SQL is an advantage
Knowledge of major market data providers (e.g. Bloomberg, Eikon) is an advantage
Willingness to learn and to take on new responsibilities
Ability to perform sound analysis, present the findings, and take ownership of the the results and conclusions
Mental resilience, ability to work with tight and conflicting deadlines in peak times (particularly around month ends) and with changing objectives
Proficient in written and spoken English (our working language)
Good team player with positive “can do attitude”, who is fun to work with

Our Benefits

30 days of vacation; Diversity; Digital learning; Family & job friendly; Friendly work environment; Employer-funded pension; Flexible work; Employee conditions; Inspiring company culture; Work-life balance

Contact

In case of interest please apply via this jobportal.