MORTGAGES & SECURITIZED PRODUCTS TRADING RISK MANAGER

About the role

The Risk Manager will focus on the risk and activities of all Mortgage & Securitized Products Trading PMs as well as overall such risk across the Global Macro and Macro businesses.

Responsibilities

• Identify, capture, and communicate material risks of the business, including credit, tail risk, liquidity, and convexity.
• Ensure that risk-taking at the individual portfolio level and at the firm level is efficient and deliberate, by setting appropriate risk guidelines and limits.
• Develop and advance stress testing and VaR frameworks.
• Develop and maintain a framework for capital allocation to maximize risk-adjusted returns and profitability at the various business levels and at the firm level.
• Actively manage the firm’s risk exposures through regular meetings, analysis, and insights.
• Lead research efforts to develop innovative risk management approaches, tools, and analytics by leveraging the collective knowledge of the platform.
• Enhance the quality of performance and improve the firm’s risk-adjusted return.
• Develop intuitive and efficient frameworks for performance attribution and educate all internal constituencies on those frameworks.
• Provide additional support with other risk managers in managing the market risk across the Macro business.
• Manage and mentor Quantitative Analysts on the team.

Requirements

Desirable candidates have five or more years of experience as a risk manager or a portfolio manager, directly related to Mortgages and Securitized Products trading.

A detailed understanding of risk management, portfolio construction, and trading.

An undergraduate or higher degree in a quantitative discipline.

Expert knowledge of quantitative finance and statistical programming with a strong familiarity of SQL and/or Python.

Qualifications

A high-energy and relentless personality with a desire to proactively ideate opportunities and the ability to manage multiple tasks and deadlines in a fast-paced environment.

Able to work cooperatively with all levels of staff.

Excellent interpersonal skills and “emotional intelligence” – we seek a demonstrated ability to build relationships both internally and externally.

Strong communications skills – an ability to clearly and concisely articulate complex ideas to senior management and portfolio managers is critical.

A commitment to the highest ethical standards and to act with professionalism and integrity.

Skills

Understanding of all securitized products including agency and non-agency products, CMBS, and related derivatives.

Benefits

N/A

Pay

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Schedule

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