Director Non-Financial Risk Coverage, Capital Markets (Fixed Income & Equities)

Madison-Davis; New York (NY); Hybrid; USD 165,000 - 235,000; Full time

Job summary

Madison-Davis, LLC seeks a Director of Non-Financial Risk Coverage for Capital Markets (Fixed Income & Equities) in New York. This senior role leads the 2LoD coverage with independent oversight, challenging risk controls, and strategic advisory support to senior leaders across the Capital Markets desk.

The role requires 10+ years of experience in risk/compliance within Capital Markets, with deep knowledge of trade lifecycle and NFR frameworks.

Qualifications

• 10+ years of risk/compliance experience in Capital Markets.
• Deep knowledge of the NFR framework and regulatory expectations.
• Ability to influence senior stakeholders and challenge senior management.

Responsibilities

• Lead as the primary 2LoD Non-Financial Risk coverage lead for Capital Markets.
• Provide independent oversight, effective challenge, and strategic advisory support to senior business leaders and control functions.
• Promote a strong risk culture across Front Office activities and ensure risks are identified, assessed, and reported per risk appetite and regulatory expectations.
• Collaborate with NFR team to enhance KRIs, KPIs, analytics, and risk management practices.
• Prepare and present risk assessments and governance materials for committees and senior management.

Skills

Capital Markets

Non-Financial Risk

Risk management

Trade lifecycle

Job description

Title: Director Non-Financial Risk Coverage, Capital Markets (Fixed Income & Equities)

Office Status: Hybrid New York, NY

Base Salary: $165k $235k + Discretionary Bonus

ABOUT THE ROLE

This Director opportunity sits within the Americas Risk Department of a well-established global financial institution, serving as the primary second-line Non-Financial Risk coverage lead for the Capital Markets businesses across Fixed Income and Equities. The role carries independent oversight and effective challenge responsibility, along with strategic risk advisory support to senior business leaders, Business COOs, and control functions. It covers non-financial risks arising from trade execution, market conduct, trade processing, technology dependencies, data quality, and operational resiliency, while promoting a strong risk culture aligned with the firm s risk appetite and regulatory expectations. It s an ideal fit for a seasoned risk, compliance, audit, or Front Office control professional with 10+ years of experience who combines deep Capital Markets and trade lifecycle knowledge with expertise in the NFR framework and the credibility to influence senior stakeholders.

RESPONSIBILITIES

Serve as the primary 2LoD Non-Financial Risk coverage lead for the Capital Markets businesses, providing independent oversight, effective challenge, and strategic advisory support to senior business leaders, Business COOs, and control functionsPromote a strong risk culture across Front Office activities by ensuring non-financial risks are identified, assessed, managed, monitored, and reported in line with the firm s risk appetite and regulatory expectationsProvide effective challenge over non-financial risks arising from Capital Markets activities, including transaction execution, supervision, market conduct, trade processing, technology dependencies, data quality, operational resiliency, and the related control environmentsPartner with business management and control functions to assess the risk implications of business growth, new products, strategic initiatives, organizational changes, and business change programsEvaluate the effectiveness of risk management practices, controls, issue remediation, and risk event responses;ensure material control gaps are identified, escalated, and remediated in a timely mannerPrepare and present risk assessments, emerging risk insights, trends, and governance materials for senior management committees, risk forums, and other stakeholdersCollaborate with NFR team members to enhance KRIs, KPIs, analytics, and risk management practices, and to advance new risk initiatives that support the evolving regulatory environment and strengthen the overall NFR framework