• 110,000 - 140,000
  • New York, New York

110,000 - 140,000

New York, New York

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We are looking for a professional to join the second line of defense Market Risk Specialists group in New York covering Structured and Traded Credit (Corporate Bonds, Loans, CDS, Index, Swaption, Exotics, Municipals).The role is a business facing role, who have regular meetings with the traders and business heads providing risk insight and challenge.

DIVISION AND DEPARTMENT OVERVIEW

RESPONSIBILITIES

  • Ongoing review of risk measures (VaR, greeks, stress tests) and interaction with 1st line risk takers
  • Evaluate risk taking behavior and influence outcomes through portfolio and transaction level risk analysis taking into consideration risk appetite
  • Collaboration with Risk Engineering colleagues on the development of new risk measures / stress tests and improvements to existing measures
  • Limit setting
  • Connect events (e.g. macroeconomic data releases, political elections) to potential vulnerabilities
  • Dissemination of information and education of stakeholders through effective and timely communication and collaboration
  • Communication with senior management and regulators

QUALIFICATIONS

  • Approximately 2-5 years' experience in market risk management or a similar role with transferable skills (such as product controller or counterparty risk manager with Credit business experience).
  • Strong academic record with Bachelor's degree, equivalent or above in Finance, Mathematics or a related quantitative/analytical discipline preferred
  • Deep understanding of financial products including their risk/reward tradeoffs with a focus on Fixed Income Products and in particular Corporate Credit
  • Deep understanding of market risk measures, concepts, and regulatory rules VaR, stress testing, greeks, Volcker rule, CCAR
  • Excel, Bloomberg, Refinitiv Eikon, ability to pick up in-house systems
  • Ability to code or supervise those who code a plus
  • Proven problem solving ability and control mindset
  • Able to analyze and challenge risk taking activities while engaging effectively with first line of defense
  • Desire and ability to collaborate with people from different departments and levels of seniority
  • Desire and ability to communicate complex information and concepts in layperson terms directly with senior management (both written and verbally)
  • Control mindset

Salary Range

Benefits

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