AI-Driven Market Risk Manager (AVP)

Cantor Fitzgerald; New York (NY); On-site; USD 180,000 - 260,000; Full time

Job summary

Cantor Fitzgerald is seeking a Market Risk Manager in New York to drive AI-enhanced risk management across equities, rates, fixed income, credit, FX, and commodities. You will develop VaR, Stress Loss, and Expected Shortfall measures while embedding AI-driven insights into the risk framework.

The ideal candidate has 7+ years in market risk, CFA/FRM/PRM, and strong coding with Python/R/VBA, plus Bloomberg analytics experience. Collaboration with traders and tech teams is essential.

Qualifications

• 7+ years in market risk management at a bank, asset manager, or hedge fund.
• CFA, FRM, or PRM designation.
• Bachelor’s degree in Finance, Mathematics, Statistics, Physics, or Engineering.
• Deep expertise in VaR, Expected Shortfall, Greeks, scenario/stress analysis, Monte Carlo simulation methodologies.
• Experience with LLMs or NLP applied to financial data.
• Hands-on experience in Excel, SQL, Bloomberg analytics and API.
• Coding in VBA, R, and Python; familiarity with MSCI RiskMetrics.

Responsibilities

• Produce daily, weekly, and monthly risk reporting across equities, rates, structured fixed income, credit, FX, and commodities, incorporating AI-enhanced content.
• Develop and enhance risk measures such as VaR, Stress Loss, and Expected Shortfall across trading activities.
• Define, implement, and monitor flags and limits and escalate as appropriate.
• Present risk insights to trading management with AI-assisted visualization and commentary tools.
• Embed AI and machine learning models in the firm’s risk process to enhance stress testing, VaR, and other risk measurement methodologies.
• Lead the transition from legacy rule-based monitoring to adaptive, AI-powered surveillance systems capable of handling non-linear exposures and tail risks.

Skills

VaR

Expected Shortfall

Greeks

Monte Carlo

Stress testing

AI in risk

Python

SQL

Excel

NLP

LLMs

VBA

R

Education

Bachelor’s degree in Finance/Math/Stats/Physics/Engineering

CFA

FRM

PRM

Tools

MSCI RiskMetrics

Bloomberg Analytics

Bloomberg API

Python

R

SQL

VBA

Excel

Job description

Cantor Fitzgerald is seeking a Market Risk Manager in New York to drive AI-enhanced risk management across equities, rates, fixed income, credit, FX, and commodities. You will develop VaR, Stress Loss, and Expected Shortfall measures while embedding AI-driven insights into the risk framework.

The ideal candidate has 7+ years in market risk, CFA/FRM/PRM, and strong coding with Python/R/VBA, plus Bloomberg analytics experience. Collaboration with traders and tech teams is essential.