About the Desk

Spread In-Business Risk (IBR) is responsible for overseeing and managing market risks across Spread Products, optimising capital and risk allocation, limit management, hedging strategy, as well as strengthening risk monitoring, control and governance processes.

In Europe, IBR is primarily focused on the core part of the Spread trading franchise — corporate credit trading and secondary market making of cash bonds, loans and CDS — with scope for broader asset class coverage exposure.

IBR is a growing function within the Markets business, becoming a critical part in understanding the complexity of our risks, making intelligent risk-taking decisions, and maximising performance. The role requires a quantitative mindset and is primarily focused on data analysis.

**Responsibilities**

Quantitative & Analytical Projects

+ Work on projects with the IBR team and line traders to analyse market, risk and PnL data, developing quant...