Associate, Market Risk — Fixed Income & Credit Spreads

Madison-Davis, LLC; New York (NY); Hybrid; USD 95,000 - 115,000; Full time

Job summary

Madison-Davis, LLC in New York, NY is seeking an Associate in Spread Products Market Risk within the Fixed Income & Credit teams. You will own day-to-day market risk monitoring, limit compliance, and reporting for Agency and Non-Agency securitized products, corporate credit, and municipal offerings.

This hybrid role targets an early-to-mid career professional with 2–5 years of experience, strong quantitative skills, and the ability to explain risk changes to management, regulators, and auditors

Qualifications

• 2–5 years of market risk experience.
• Strong quantitative and analytical skills.
• Ability to explain complex risk changes clearly.

Responsibilities

• Monitor, analyze, and report on market risk limits daily to ensure framework compliance.
• Maintain controls around risk exposures per policies and trading mandates.
• Coordinate with traders across Agency MBS/TBAs/CMOs, Non-Agency Securitized Products, Corporate Credit, and Municipal Products to ensure limit compliance.
• Explain changes in risk including VaR, risk sensitivities, and stress testing to senior management, regulators, and auditors.
• Produce market commentaries and analysis of portfolio changes for senior management and regulatory reporting.
• Work on risk systems and reporting improvements; explore AI tools to enhance analytical efficiency and reporting quality.

Job description

Madison-Davis, LLC in New York, NY is seeking an Associate in Spread Products Market Risk within the Fixed Income & Credit teams. You will own day-to-day market risk monitoring, limit compliance, and reporting for Agency and Non-Agency securitized products, corporate credit, and municipal offerings.

This hybrid role targets an early-to-mid career professional with 2–5 years of experience, strong quantitative skills, and the ability to explain risk changes to management, regulators, and auditors