Organization
Bank
Location
New York City, NY
Description
Our client, a major international bank in New York City is seeking a Senior Associate/Vice President level Risk Manager with experience supporting the Asset Management business to join their Market Risk Management Department. The ideal candidate will have relevant experience in a Risk Management or Front Office Portfolio Manager role, and have a strong understanding of Capital Markets Products including Fixed Income Securities, Interest Rate Derivatives, FX, and Credit Derivatives. In addition, a strong quantitative background is required including the modeling and pricing of Securitized products, and excellent VBA and Excel ability. Our client is offering a competitive base salary plus bonus.
Major Responsibilities:
- Provide Market Risk Management support for Corporate Investment Banking covering Stable Value Fund Wraps, Asset Management Lending, and Structured Products
- Perform SVF Wrap risk analysis and reporting
- Monitor SVF Wrap portfolios for compliance purposes
- Provide reporting on SVF Wrap risk and P&L metrics
- Development of the risk framework for SVF Wrap
- Preparation of packages for risk committees
- Assist in the development of Market Risk policies and procedures
- Provide support for other market risk related analysis
Job Requirements:
· 4+ years in Risk Management or Front-Office supporting Asset Management business
· Strong understanding of Capital Market Products including Fixed Income, IR Derivatives, FX, and Credit Derivatives
· In-depth knowledge of market risk analytics, including VaR, Risk Sensitivities, economic/regulatory capital, scenario analysis, and stress testing
· Strong quantitative abilities including experience modeling and pricing of Securitized products
· Strong technical ability in VBA and Excel
· Excellent communication skills – both written and verbal
Bachelor’s Degree required, Masters preferred