Head of Market Risk for US Credit Trading, Executive Director

Responsibilities

• Market Risk Management for trading of: All credit products traded in the US which include IG corporates, HY corporates, Leveraged Loans and Emerging Markets bonds (cash and derivatives).
• Hybrid credit products such as convertibles and XVA.
• Market Risk Management for underwriting of corporate bonds and convertibles in the US.
• Management of new product onboarding and applicable policies & procedures.
• Management of infrastructure projects supporting the credit business.
• Management of relationships with US and European regulators (e.g., management of regulatory audits of the above businesses).
• Management of (regulatory) projects (e.g., FRTB US, GMS) applicable to the credit trading businesses.
• Implementation of AI tools.

Qualifications

• 12+ Years Risk Management/Controls
• In-depth understanding of (hybrid) credit products (cash and derivatives) as well as common hedging instruments used for those products (e.g., rates, equity)
• Ability to advise trading desks on risk taking/mitigation and (regulatory) capital usage
• Strong cross-functional expertise (e.g., Finance, Model Risk Management, Technology)
• Solid knowledge of regulatory standards, market risk methodologies (e.g., VaR/SVAR, ES, CCAR, stress testing) and analytics used by Cat III firms (e.g., GMS)
• Solid quantitative skills (e.g., statistics, probability theory, derivatives valuation)
• Superior verbal and written communication skills including the ability to tailor a message to the relevant audience (e.g., trading desk, senior management, regulators, quantitative developers)
• Able to independently operate in a complex, matrixed environment; adept at delivering and maintaining productive working relationships across businesses, functions, geographies and lines of defense
• Basic knowledge of AI tools (e.g., ChatGPT, Microsoft Copilot)