Risk, Market Risk, Associate, New York

Responsibilities

• Evaluate market risk taking behavior and influence outcomes through portfolio and transaction level risk analysis as well as risk limit calibration and setting
• Understand factors and events that could lead to an impact on the financial markets, and analyze their impact on the firm’s portfolios
• Perform pro-active ad hoc stress tests ahead of notable market events
• Ensure that issues are promptly escalated to senior management
• Direct the implementation of new risk measures and improvements to existing measures using knowledge of risk management and communicating directly with senior management on risk-related issues
• Review and challenge risk taking activities while engaging effectively with traders/bankers
• Maintain shared responsibility for signing off on the Market Risk approval process for new products traded by the businesses covered
• Operate at an intersection of risk appetite and conducting business
• Improve commercial impact and effective personnel performance under a robust control environment

Qualifications

• Strong academic record in quantitative discipline, with Bachelor’s/Master’s degree in STEM field (Science, Technology, Engineering, Mathematics) preferred
• Demonstrable knowledge of core market risk principles, metrics, and financial instruments, with prior experience in Equities and Derivatives preferable
• Coding skills will be a plus
• Ability to collaborate with people from different departments and levels of seniority
• Ability to communicate complex information directly with senior management
• 3-5 years’ experience in the industry/a relevant role