AVP, Equities Market Risk Manager - Derivatives

Jefferies; New York (NY); On-site; USD 120,000 - 160,000; Full time

Job summary

A leading company in finance is looking for a Risk Manager to oversee risk management in their Global Equities business. This role involves daily management of trading portfolios and developing methodologies for risk evaluation. Ideal candidates should have over 5 years of experience in risk management and a degree in STEM or finance.

Qualifications

• 5+ years working in a risk management function, preferably in Equity Derivatives.
• Proven ability to assess quantitative and qualitative risks.

Responsibilities

• Daily management of in-house trading portfolios.
• Evaluate and escalate risks as appropriate.
• Drive improvement in methodologies and analytics.

Skills

Risk management

SQL

Python

Education

STEM or Finance based degree

Job description

As part of a global team the Risk Manager will have responsibilities for risk oversight of the risks coming from our Global Equities business.

Global Equities risk management covers (derivatives, cash, and convertibles trading) as the second line of defense.

Risk management both sets and monitors associated limits and is expected to be highly proactive to ensure limits and margins are appropriate.

Additionally, the risk function is primarily responsible for driving the development and ongoing improvement work around methodologies and MI associated with business. This includes VaR, economic capital, stress testing, margin, individual trade analysis, and all associated reporting.

Responsibilities:

• Daily management of in-house trading portfolios.
• Evaluate and effectively escalate existing and evolving risks as appropriate.
• Analysis of material proposed trades.
• Participate in communication with all stakeholders through informal channels as well as scheduled meetings.
• Adherence to and implementation of our global risk framework.
• Understanding market and credit risks within Equity Linked products (incl cash equity, equity swaps, ETP’s, options and futures, convertible bonds) together with market structure and regulation.
• Drive ongoing improvement in methodologies and analytic capabilities.

Requirements:

• 5 year+ working in a risk management function, preferably supporting Equity Derivatives, including exotics.
• STEM or Finance based degree.
• Proven ability to assess quantitative and qualitative risks impacting derivatives, financing and cash businesses.
• Strong working ability with SQL, Python.

Primary Location Full Time Salary Range of $120,000 - $160,000.

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