Senior Associate / AVP Market Risk

  • $80-100k base plus bonus
  • New York, NY, USA
  • Permanent, Full time
  • Robert Half - US
  • 07 Dec 17 2017-12-07

The Senior Associate/AVP Market Risk role will monitor and measure trading exposures on an on-going basis, in accordance with the Bank's risk management policy and trading policy, and keep abreast of general risk in the investment portfolio, to assure that the Branch’s exposure is in line with established policy. Our client requires at least 2-5 years Market Risk experience within an International Bank or Broker Dealer.

THE COMPANY

 

Robert Half Financial Services are recruiting for a Senior Associate/AVP Market Risk role within an International Bank, located in midtown New York. Our client requires at least 2-5 years Market Risk experience within an International Bank or Broker Dealer.

 

THE ROLE

The Senior Associate/AVP Market Risk role will monitor and measure trading exposures on an on-going basis, in accordance with the Bank's risk management policy and trading policy, and keep abreast of general risk in the investment portfolio, to assure that the Branch’s exposure is in line with established policy.

 

RESPONSIBILITIES

  • Develop and monitor trading limits, and assure that the front desk is operating within the limits approved by Senior Management.
  • Measure the market risk exposure for each trade.
  • Identify and follow up on any excesses, and implement corrective actions.
  • Produce daily reports from the internal trading system.
  • Use the risk models in the relevant system, and provide advice regarding suitable market risk management process and procedures
  • Perform stress testing, scenario analyses, and simulations.
  • Liaise with Senior Management (ALCO, Risk and Compliance Committee, Finance and Treasury) for all trading risk management issues.
  • Support relevant technical solutions once needed.
  • Compile general reports on local market and other reports as required by Head Office and Branch Management/Department Head.
  • Undertake any other duties assigned by the Department Head from time to time.
  • Successfully complete the Branch’s annual BSA/AML and OFAC training

 

QUALIFICATIONS/SKILLS

  • Bachelor’s degree or equivalent in Finance, Mathematics, Engineering or Statistics preferred; CFA, FRM is a plus.
  • At least 2-5 years banking experience in general and market risk analysis, quant or trading positions, good understanding of the interest rate, FX valuation models, duration risk, VAR methodologies, fluently using of analytical tools in Bloomberg, Reuters, and other investment support systems.
  • Adequate knowledge in main trading products in global market.
  • Fluency with VBA and/or other programming skills for maintaining analytical models.

 

This Senior Associate/AVP Market Risk role is located in Midtown New York so please only apply if you are able to travel to this location, and have relevant recent experience. The salary is flexible dependent on experience but the initial range is $80-100k base plus bonus. If your profile matches the above criteria please submit your resume or email on angelo.lobianco@roberthalffs.com