AVP, Market Risk Governance

Madison-Davis, LLC; New York (NY); Hybrid; USD 90,000 - 130,000; Full time

Job summary

Chris Baily, a leading international financial institution, seeks an Assistant Vice President – Market Risk Governance in New York City. Hybrid work arrangement with strong collaboration across risk, compliance, and front-office teams to strengthen governance of market risk across U.S.

entities. The role requires deep knowledge of derivatives and regulatory frameworks, plus ability to present risk materials to senior leadership and committees.

Qualifications

• Experience with market risk governance in a regulatory environment.
• Strong knowledge of financial instruments, derivatives, and risk policies.

Responsibilities

• Maintain entity-level market risk governance in compliance with CFTC, NFA, SEC, FINRA, and FRB regulations.
• Oversee the Market Risk Governance Framework across U.S. operations, ensuring alignment with evolving regulatory requirements.
• Manage and update risk policies, procedures, and the Risk Appetite Framework with relevant departments.
• Prepare and present market risk materials for senior management and governing committees.
• Support enterprise risk initiatives, including New Business/Product Approval and RCSA coordination.
• Collaborate with front office, finance, compliance, legal, audit, and other risk teams to maintain a robust risk management framework.
• Liaise with liquidity risk, model risk, and other specialized risk functions to support enterprise coverage.
• Apply strong understanding of financial instruments, securities, and derivatives to identify and assess key risks.

Skills

Market risk governance

Regulatory frameworks

Derivatives knowledge

Stakeholder communication

Policy development

Job description

Title: AVP, Market Risk Governance

Office Status: Hybrid – NYC

Base Salary: $90,000 – $130,000

Overview

A leading international financial institution is seeking an Assistant Vice President – Market Risk Governance to join its Risk Management team in New York City. This role offers the opportunity to oversee and strengthen market risk governance across multiple U.S. entities, working closely with senior leadership, cross-functional teams, and global stakeholders. The position is ideal for a risk management professional with strong knowledge of financial instruments, derivatives, and U.S. regulatory frameworks who thrives in a collaborative, fast-paced environment.

Key Responsibilities

• Maintain entity-level market risk governance in compliance with CFTC, NFA, SEC, FINRA, and FRB regulations.
• Oversee the Market Risk Governance Framework across U.S. operations, ensuring alignment with evolving regulatory requirements.
• Manage and update risk policies, procedures, and the Risk Appetite Framework in partnership with relevant departments.
• Prepare and present market risk materials for senior management and governing committees.
• Support enterprise risk initiatives, including New Business/Product Approval processes and Risk & Control Self-Assessment (RCSA) coordination.
• Collaborate with front office, finance, compliance, legal, audit, and other risk teams to maintain a robust risk management framework.
• Liaise with liquidity risk, model risk, and other specialized risk functions to support legal entity and enterprise-wide coverage.
• Apply strong understanding of financial instruments, securities, and derivatives to identify and assess key risks.