Americas Head, Equity Risk

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

Job summary

Madison-Davis, LLC, Americas Head of Equity Risk Office in New York, leads second line risk oversight for Americas Equity Derivatives, covering exotics, flow, and strategic products. This VP role evaluates risk-taking, challenges limits, and communicates risk profiles to senior management and regulators.

The position requires deep non-linear derivatives expertise, strong quantitative judgment, and the ability to influence outcomes across the organization.

Qualifications

• Extensive experience in market risk and derivatives.
• Strong communication with senior management and regulators.
• Demonstrated ability to influence risk decisions at senior levels.

Responsibilities

• Evaluate and challenge risk-taking through portfolio and transaction-level risk analysis.
• Identify emerging risks including concentrations, unhedged risks, and illiquidity pockets.
• Review risk measures such as Greeks, stress tests, and VaR; advise first-line traders.
• Collaborate on developing new risk measures and stress testing methodologies.
• Drive risk appetite sizing, limit setting, and threshold calibration across equity derivatives.
• Communicate findings to senior management and regulators clearly and timely.
• Support regulatory obligations including Volcker Rule and CCAR.
• Educate stakeholders through cross-functional collaboration.

Skills

Quantitative risk analysis

Communication with senior stakeholders

Derivatives risk expertise

Job description

Title: Americas Head, Equity Risk Office

Status: Onsite New York, NY Base Salary: Commensurate with experience

ABOUT THE ROLE

This Vice President opportunity sits within the second line of defense Market Risk function of a leading global financial institution, focused on coverage of Americas Equity Derivatives spanning Exotics, Flow, and Strategic/Corporate products. The role carries genuine risk oversight authority evaluating and challenging risk-taking behavior, setting limits, engaging directly with first-line traders, and communicating the firm's market risk profile to senior management and regulators. It's an ideal fit for a quantitatively strong market risk professional with deep non-linear derivatives expertise who combines strong analytical judgment with the ability to influence outcomes and communicate complex risk concepts clearly at the most senior levels of the organization.

RESPONSIBILITIES

• Evaluate and challenge risk-taking behavior through portfolio and transaction-level risk analysis, taking into consideration risk appetite, risk concentration, and tail risks
• Proactively identify emerging risks including portfolio concentrations, unhedged risks, and illiquidity pockets; connect macroeconomic events and market developments to potential portfolio vulnerabilities
• Conduct ongoing review of risk measures including Greeks, stress tests, and VaR; interact with first-line risk takers on risk/reward assessment and optimal risk deployment
• Collaborate with Risk Engineering colleagues on the development of new risk measures and stress tests and improvements to existing methodologies
• Drive risk appetite sizing, limit setting, and threshold calibration across the equity derivatives portfolio
• Communicate risk findings, emerging themes, and portfolio vulnerabilities to senior management and regulators in a clear, concise, and timely manner
• Work collaboratively across functions to deliver on regulatory obligations including Volcker Rule, CCAR, and related requirements
• Disseminate information and educate stakeholders through effective communication and cross-functional collaboration