Managing Director | Head of Quantitative Market Risk Modeling | New York City recruitment
Managing Director level position required by top investment bank’s front office market risk team covering a broad range of asset classes in New York
A global investment bank is looking to expand its front office market risk team with this key hire. Currently there is an exciting opportunity for a managing director level candidate to join the team to manage the market risk modelling team, covering all aspects from pricing to counterparty risk.
The main responsibilities for this role are:
- Manage the team of analysts within the market risk function, both pricing and market risk modeling
- Manage the team of analysts covering counter party risk
- Prepare reports and updates for the weekly management committee meetings
- Directly work on the PnL of the business by enhancing the procedures for setting limits with the trading group
- Work will include interactive on a daily basis with the head traders and all senior management
The successful candidate for this position will have the following background and skill set:
- Significant experience working within Risk Management
- Strong product knowledge, covering a broad range of asset classes; experience in Rates, Credit and/or Commodities would be highly beneficial
- A strong understanding of risk metrics with the ability to implement strategic change.
- Strong academics and relevant professional qualifications/accreditations.
- Strong leadership skills, with the ability to attract and develop talent.
- Strong problem solving skills and highly numerate.
- Excellent communication skills with the ability to collaborate with front office and senior management of other business areas.
• Excellent level of Financial Mathematics i.e. stochastic calculus, PDE modelling, binomial trees, etc.
To apply for this role please press the apply button or call 0207 019 4137 or email on quantexotic@selbyjennings.com