Market Risk Analyst

Market Risk Analyst

About the Role:

 

As a Market Risk Analyst, you will play a key role in independent market risk oversight across Swiss Re’s asset portfolio. The role requires strong analytical judgment, sound understanding of financial market products, analyze market trends, identify emerging risks, and collaborate with investment professionals to ensure our portfolio remains resilient in changing market conditions.

 

You will be expected to take ownership of assigned risk areas and actively contribute to the evolution of risk analytics by leveraging programming, data science, and other analytical approaches.

 

Key Responsibilities:

 

• Perform in-depth analysis of financial market risk exposures across diverse asset classes including fixed income, equities, derivatives, and structured products
• Design and execute thematic, cross-asset risk analyses to identify emerging risks and concentration vulnerabilities before they materialize
• Translate complex quantitative findings into clear, actionable risk insights for senior management and risk committees
• Develop and maintain analytical tools using Python or R to enhance efficiency, scalability, and depth of risk analysis. Apply data-driven techniques to better understand risk drivers and tail behavior, exploring AI-enabled approaches for improved automation
• Contribute to global projects and risk governance initiatives that continuously improve our market risk frameworks

 

About the Team:

 

The Market Risk Management (MRM) team within Solvency & Financial Risk Management provides independent oversight, challenge, and generate insight on Swiss Re’s global financial market risk exposures. The Bangalore MRM team is an integral part of the global setup, contributing to risk analytics, methodology development, governance and senior management reporting, in close collaboration with colleagues in Zurich, London, and New York. As a Market Risk Analyst, you will have the opportunity to work with other risk managers and 1st lines function on topics that contribute to our mandate of risk oversight and accumulation control.

 

About You:

 

You're an analytical thinker with a good understanding of financial markets and risk management. You thrive when transforming complex data into meaningful insights and enjoy collaborating with diverse teams across global locations. Your attention to detail is matched by your ability to see the bigger picture of how market risks impact organization.

 

• Good academic track record in Engineering, Finance, Economics or Mathematics. 4–6 years of relevant experience in Market Risk Management, Risk Analytics, Treasury Risk, Asset Management, or a related quantitative role
• Solid technical skills with proven programming experience (advanced data wrangling and integration, and simulation techniques) in at least one scripting language (preferably R or Python)
• Strong understanding of financial market products and market risk transmission mechanisms. Hands-on experience with market risk metrics (VaR, stress testing, ES) and scenario analysis
• Exposure to data science, machine learning, or AI applications in a financial or risk context is an advantage
• Self-motivated, able to work independently, and comfortable taking ownership of analytical topics. Experience working in global, cross-functional teams
• Clear communicator, able to explain complex risk topics to technical and non-technical stakeholders
• Professional qualifications such as CFA, FRM, or CQF are considered an advantage

 

Why Join Swiss Re:

 

Swiss Re is one of the world’s leading providers of reinsurance, insurance, and insurance-based risk transfer. You will work in a global, collaborative environment on complex market risk topics that matter. The role offers strong exposure to senior stakeholders, scope to innovate in risk analytics, and a clear path for further development within Risk Management and other part of company.

Swiss Re is an equal opportunity employer and is committed to building an inclusive workplace where everyone can thrive.

 

Our company has a hybrid work model where the expectation is that you will be in the office at least three days per week

Experience Level

Senior Level