Market Risk Specialist

Location: New York City, New York, USA

Category: Finance

Salary: 155,000 - 185,000 USD / yearly

Full-time

Execute Market Risk Governance framework and manage projects to ensure compliance with regulatory requirements.

Demonstrated understanding of various market risk management practices such as limit monitoring, escalation, and remediation procedures
Proven track record in managing/understanding risk metrics for various trading desks including credit, rates, and FX
Strong financial product knowledge including risk representations such as VAR, stress testing, and scenario analysis
Strong analytical skills to identify and rectify reporting and monitoring issues effectively
Strong programming skills in data modeling and exploration of data relationships
Proficiency in programming languages such as Python, PowerBI, Visual Basic
Experience and familiarity with tools like Bloomberg API or internal database system interfaces
Familiarity with database management tools, particularly MS SQL
Ability to recognize the implications of breaches across risk metrics, data validity, and control environment, especially in the context of risk management practices and regulatory submissions

Minimum of 7 years' experience in market risk management
Strong academic record with Bachelor’s degree, equivalent or above in Finance, Mathematics or a related quantitative/analytical discipline preferred
Ability to work in a fast-paced environment, balancing multiple high priority deliverables
Ability to effectively communicate with a wide range of stakeholders, both written and verbally regarding key risks in a timely manner
Ability to work independently in a self-directed way in a collaborative, team-oriented environment
Ability to lead the development of the risk function across the business and to work collaboratively with other business owners
Technical skills to ensure that repetitive tasks can be executed efficiently and accurately by introducing automated solutions, e.g. scripting and VBA skills