Credit/Market Risk Manager New York Self-Clearing Broker Dealer

Job title:

Credit/Market Risk Manager New York Self-Clearing Broker Dealer

Company

AJ Consultancy

Job description

We are seeking a talented and motivated Market/Credit Risk manager to join our team at a securities broker dealer. The Market/Credit Risk Manager will be responsible for monitoring and analyzing market risk exposure, ensuring compliance with regulatory requirements, and providing recommendations to senior management on risk management strategies.– Conduct stress testing and scenario analysis to assess potential credit losses –Develop and maintain credit risk models and methodologies –Provide recommendations on credit risk mitigation strategies –Collaborate with internal departments, such as trading, compliance, and legal, to ensure compliance with credit risk policies and procedures – Prepare and present credit risk reports to senior management –Stay informed of industry best practices and regulatory requirements related to credit risk management– Monitor and analyze market risk exposure across various asset classes, including equities, fixed income, and derivatives– Conduct stress testing and scenario analysis to assess potential impacts on the firm’s portfolio– Develop and implement risk management strategies to mitigate market risk exposure, including the use of the most common measurements of risk, including but not limited to:standard deviation,sharp ratio, beta,value at risk (VAR),conditional value at risk (CVAR), andR-squared.– Collaborate with traders, portfolio managers, and other stakeholders to understand trading strategies and potential risk exposures– Prepare and present risk reports to senior management and regulatory authorities– Stay up-to-date on market trends, regulatory changes, and industry best practices related to market risk management– Ability to work independently and as part of a team in a fast-paced environmentIf you are a proactive and analytical individual with a passion for market risk management, we want to hear from you. Join our team and help us protect and grow our firm’s assets in a dynamic and challenging market environment.Qualifications: – Bachelor’s degree in finance, economics, or a related field – 3 years of experience in credit/market risk analysis, preferably within a securities broker dealer or financial institution – Strong analytical and problem-solving skills – Proficiency in financial modeling and risk management tools – Excellent communication and presentation skills – Ability to work independently and as part of a team – Knowledge of regulatory requirements related to credit risk management in the securities industry

Expected salary

$150000 – 200000 per year

Location

New York City, NY

Job date

Thu, 19 Sep 2024 22:43:32 GMT

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