Risk Analyst - Financial Risk Management

TP ICAP Group; Belfast; On-site; GBP 30,000 - GBP 45,000; Full time

Job summary

A global market infrastructure company is seeking an Analyst for its Financial Risk Management team in Belfast. The role involves supporting the model risk framework, monitoring algorithmic trading systems, and contributing to market and liquidity risk activities. Candidates should have a Bachelor’s degree in a relevant field and some experience in financial modelling or data analysis. Interest in algorithmic trading and basic knowledge of programming languages such as Python or SQL is essential. This full-time position offers opportunities for professional growth within a collaborative environment.

Qualifications

• Bachelor’s degree in a relevant subject (Finance, Economics, Mathematics, Computer Science).
• Some experience or academic exposure to financial modelling, data analysis, or risk management.
• Interest in algorithmic trading and financial systems.

Responsibilities

• Assist in maintaining documentation and inventories related to algorithmic trading systems.
• Support the review and validation of model development and performance.
• Help monitor the performance of algorithmic trading systems.

Skills

Financial modelling

Data analysis

Risk management

Attention to detail

Communication skills

Education

Bachelor’s degree in Finance, Economics, Mathematics, or Computer Science

Master’s degree or relevant certification (e.g., FRM, CFA)

Tools

Python

R

SQL

Job description

The TP ICAP Group is a world leading provider of market infrastructure.Our purpose is to provide clients with access to global financial and commodities markets, improving price discovery, liquidity, and distribution of data, through responsible and innovative solutions.Through our people and technology, we connect clients to superior liquidity and data solutions.The Group is home to a stable of premium brands. Collectively, TP ICAP is the largest interdealer broker in the world by revenue, the number one Energy & Commodities broker in the world, the world’s leading provider of OTC data, and an award winning all-to-all trading platform.Founded in London in 1866, the Group operates from more than 60 offices in 27 countries. We are 5,200 people strong. We work as one to achieve our vision of being the world’s most trusted, innovative, liquidity and data solutions specialist.**Financial Risk Management (FRM) Overview**The FRM team operates across the TP ICAP Group to embed best practices in financial risk management and control, ensuring they are consistently followed. FRM provides comprehensive oversight of the Group’s financial risks on behalf of the Group CRO and the Board.**Role Overview**The Analyst will support the implementation and maintenance of the model risk framework, with a particular focus on algorithmic models. The role will involve assisting in the monitoring and review of model performance and contributing to broader Market, Credit, and Liquidity risk activities within FRM.**Role Responsibilities**Framework Support* Assist in maintaining documentation and inventories related to TP ICAP’s algorithmic trading systems, including third-party vendor models* Help ensure policies and procedures are aligned with regulatory requirements and industry best practices* Collaborate with model developers, quantitative analysts, and IT teams to support the integration of risk management practices throughout the model lifecycleModel Review Assistance* Support the review and validation of model development, implementation, and usage* Contribute to the evaluation of model assumptions and methodologies under supervision* Assist in coordinating internal and external validation processesOversight & Engagement* Help monitor the performance of algorithmic trading systems and the effectiveness of associated controls* Assist in drafting reports and presentations for senior stakeholders and regulators* Participate in training sessions and workshops to build awareness of model risk and promote a risk-conscious culture**Experience / Competences**Essential* A bachelor’s degree in a relevant subject (e.g., Finance, Economics, Mathematics, Computer Science)* Some experience or academic exposure to financial modelling, data analysis, or risk management* Interest in algorithmic trading and financial systems* Basic knowledge of programming or data tools (e.g., Python, R, SQL)* Strong attention to detail and willingness to learn* Good communication skills, both written and verbalDesired* A master’s degree or relevant professional certification (e.g., FRM, CFA)* Experience with electronic trading platforms such as Trading Technologies, Fidessa, or equivalent**Job Band & Level:*** Professional / 4#LI-ASO #LI-Hybrid**Company Statement**We know that the best innovation happens when diverse people with different perspectives and skills work together in an inclusive atmosphere. That's why we're building a culture where everyone plays a part in making people feel welcome, ready and willing to contribute. TP ICAP Accord - our Employee Network - is a central to this. As well as representing specific groups, TP ICAP Accord helps increase awareness, collaboration, shares best practice, and holds our firm to account for driving continuous cultural improvement.**Location**UK - City Quays - Belfast**Connecting clients, communities and colleagues for sustainable growth**TP ICAP connects people, platforms, ideas, and insight across the world’s financial, energy and commodities markets. As a global leader in market infrastructure and data-led solutions, we enhance market access, increase efficiencies, and unlock possibilities.**Work with us**Joining TP ICAP puts you at the heart of markets that matter.You’ll have the freedom to innovate and act on your initiative. We’ll train you and build your abilities in your specialist area, so that you can become an expert in your field. And all within a connected network that’s there to set you up for success.TP ICAP Group is a collection of premium brands each with a distinct, client-focused offering. Underpinning and connecting these client-facing brands is the financial security, operational strength and know-how we have as a Group.Connections are at the heart of what we do. We combine our people’s know-how with the latest technology to improve price discovery, trade execution and liquidity flow.Connections create strength. Through them, we help our clients to manage risk, realise investment strategies and expand the scope for growth.And connections act as a catalyst. Sparking richer solutions for our clients to break new ground, modernising markets for future performance, and creating dynamic careers for our people. Our capacity to connect builds trust, supports communities and gives us the power to anticipate and respond to change, whatever direction the world takes. It’s what makes TP ICAP a mainstay in the global markets, now and in the future.TP ICAP. We connect.