VP - Equities Market Risk Manager

About the role

We are seeking a Vice President-level candidate to join our equities market risk team in New York City. This role will cover local exotics, flow, and corporate derivatives desks, working directly with traders to assess and manage risk usage and limits for the firm’s equities trading business. The hire will partner with traders to align risk appetite strategy, hedge strategy, and size risk limits, joining a lean team with exposure to senior management and business decision-makers. This position offers significant influence on the front office and within market risk.

Responsibilities

• Provide market risk oversight for the firm’s equity trading business in NYC, covering flow, exotics, and corporate derivative trading desks.
• Work with traders to explain risk metrics such as VaR and P&L, including their drivers and changes.
• Partner with traders and desk heads to set up risk limits, approve large trades, and optimize risk usage and risk appetite.

Requirements

• 3+ years of experience in market risk management, ideally covering equities.
• Strong knowledge of equity derivative products or fixed income products like repo, non-linear rates, or non-linear FX.
• Working ability in Python and SQL.
• Strong communication skills and ability to work in a front-office environment.