Front office Market Risk Manager, New York
US investment bank is currently seeking a VP level Market Risk manager to support the fixed income trading business. This role is a new hire after a recent merger has seen the fixed income portfolio grow considerably, and this has opened up the need for a trading focused market risk manager to ensure that internal and external standards of risk control are enforced on the desk.
The successful incumbent will be responsible for managing market risk parameters for a portfolio covering a multitude of exotic and vanilla products. The bank has done considerable work to bring the risk control function into the new era and closer to the trading operations. This role is highly visible and the opportunity for progression and management is considerable.
Responsibilities:
- Oversee day-to-day risk practice for the fixed income portfolio; Manage desks’ VaR/Stress/Turnover Ratio/Aged Inventory calculations and provide risk based PnL analysis
- Working in close collaboration with front office staff, advise trading management on hedging strategies
- Interact with senior desk heads to manage risk exposure and limit utilizations.
- Provide risk assessment and market analysis to the senior management
- Perform stress tests and analysis of illiquid positions versus daily market flow
- Ensure regulatory measures are strictly followed – Volcker, Dodd Frank, Basel etc.
Qualifications:
- Expert knowledge of the fixed income market; Derivative exposure, both vanilla and exotic
- Experience working in a trading market risk role, preferably with significant exposure to the front office.
- High level understanding of VaR Methodology, Stress Testing, PnL analysis, regulatory risk and capital requirements
- Quantitative background – ideally with MSc or above in quantitative field such as mathematics, economics, or financial engineering
- VBA, Matlab, SQL, SAS all would be beneficial
- High level communication and experience dealing with C-level stakeholders would be preferred.
APPLY | risk.americas@gqrgm.com
VISIT US | www.g-q-r.com/vacancies
While a resume is preferable we also welcome tentative enquiries from well-qualified persons. Please ask for Kasey Churchill in our LA office (310 807 5025). Utmost confidentiality and discretion is assured.
LOS ANGELES | 1.310.807.5030
10877 Wilshire Boulevard, Los Angeles, CA 90024 | Office Hours: 6.00-21.00 PDT
NEW YORK | 1.212.763.8333
1325 Sixth Avenue, New York, NY 10173 | Office Hours: 9.00-21.00 EDT
LONDON | 0203.141.8000
Westminster Tower | Office Hours: 8.00-20.00 GMT
HONG KONG | 852.3678.6738
2 Exchange Square, 8 Connaught Place, Central | Office Hours: 9.00-21.00 HKT
VISIT US | www.g-q-r.com | www.g-t-r.com | www.gqrgm.com
GQR Global Markets
We are committed to protecting and respecting your privacy. Information on our privacy policy, together with our terms of business are available at www.gqrgm.com.
For the latest vacancies, please join our group on Linkedin: http://www.linkedin.com/groups?gid=1615777trk=myg_ugrp_ovr
Open all references in tabs: [1 - 5]
Leave a Reply
You must be logged in to post a comment.