Hot Job of the Day: Global Market Risk Manager
Risk management is one of the hottest sectors right now when it comes to hiring. In fact, there are close to a thousand risk related positions listed on our site worldwide. Therefore it should come as no surprise that our hot job of the day is that of Global Market Risk Manager for a bulge bracket investment bank. The job is at at the director level with a base range of $200,000 to $250,000 plus bonus and located in the heart of New York City at Grand Central. As locations go, there aren't many hotter than that, especially if you ride MetroNorth.
According to the Tuttle Agency, which posted the job, your primary daily duties will include analyzing and commenting on changes in the Firm's VaR, or value at risk, across multiple asset classes. You'll also be responsible for all governance and reporting related issues within an investment banking group, as well as for authoring the market risk section of the quarterly and yearly SEC financial disclosures (10-Q and 10-K). A couple more things. You'll be expected to prepare metrics and talking points, and establish market risk management policies, procedures and standards. They're not paying those big bucks for nothing.
What you need to even think about applying is at least a Masters in a quantitative field, more than seven years experience with market risk management, excellent communications skills, and experience working with regulators and regulatory reporting. You also need to show you know your way around multiple asset classes and have experience with VBA and SQL, along with being able to write and trouble shoot VBA macros.
If interested, go here.