AVP – AI-Enabled Market Risk Manager

Cantor Fitzgerald; New York (NY); On-site; USD 140,000 - 220,000; Full time

Job summary

Cantor Fitzgerald in New York is seeking a Market Risk Manager to enhance the firm’s risk framework by embedding AI-driven insights across diverse asset classes. You will collaborate with trading desks, tech, and leadership to implement advanced risk measures and AI-enabled surveillance.

The role requires expertise in VaR, ES, Greeks, stress testing, and programming in VBA/R/Python, with a strong emphasis on AI/NLP applications to finance.

Qualifications

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

Responsibilities

• Produce daily, weekly, and monthly risk reporting across equities, rates, structured fixed income, credit, FX, and commodities, incorporating AI.
• Develop and enhance risk measures such as VaR, Stress Loss, and Expected Shortfall across trading activities.
• Define, implement, and monitor flags and limits and escape 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 metrics.
• Lead the transition from legacy rule-based risk monitoring to adaptive, AI-powered surveillance systems.

Skills

Market risk experience

NLP / LLMs in finance

Coding in VBA/R/Python

Education

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

CFA/FRM/PRM designation preferred

Tools

Excel

SQL

Bloomberg analytics

Bloomberg API

MSCI RiskMetrics

Job description

Cantor Fitzgerald in New York is seeking a Market Risk Manager to enhance the firm’s risk framework by embedding AI-driven insights across diverse asset classes. You will collaborate with trading desks, tech, and leadership to implement advanced risk measures and AI-enabled surveillance.

The role requires expertise in VaR, ES, Greeks, stress testing, and programming in VBA/R/Python, with a strong emphasis on AI/NLP applications to finance.