Market Risk Associate

Depository Trust & Clearing Corporation; Jersey City (NJ); On-site; USD 85,000 - 120,000; Full time

Benefits offered by this job

Competitive compensation

Comprehensive health and life insurance

Paid time off and family care

Flexible/hybrid work model

Job summary

A leading financial services provider seeks a Market Risk Associate in Jersey City. The successful candidate will manage market risk exposure, support client inquiries, and enhance risk mitigation strategies. This role offers competitive compensation and opportunities for professional growth within a dynamic, innovative team.

Qualifications

• 2-5+ years experience in margining, risk analysis, or product management.
• Bachelor’s degree in relevant field is required.

Responsibilities

• Monitor market risk exposure from clients and support systems initiatives.
• Track trading patterns of member firms and assess risk within responsibilities.
• Implement new margining methodologies and ensure compliance with policies.

Skills

Risk analysis

Margin requirements

Regulatory compliance

Client education

Education

Bachelor’s Degree in Accounting, Finance, Business, or Economics

Job description

Join to apply for the Market Risk Associate role at The Depository Trust & Clearing Corporation (DTCC).

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Job Description

Are you ready to make an impact at DTCC?

Do you want to work on innovative projects, collaborate with a dynamic and encouraging team, and receive investment in your professional development? At DTCC, we are at the forefront of innovation in the financial markets. We’re committed to helping our employees grow and succeed. We believe that you have the skills and drive to make a real impact. We foster a growing internal community and are committed to creating a workplace that looks like the world that we serve.

• Competitive compensation, including base pay and annual incentive
• Comprehensive health and life insurance and well-being benefits, based on location
• Paid Time Off and Personal/Family Care, and other leaves of absence when needed to support your physical, financial, and emotional well-being
• DTCC offers a flexible/hybrid model of 3 days onsite and 2 days remote (onsite Tuesdays, Wednesdays, and a third day unique to each team or employee)

Impact and Responsibilities

The Market Risk Associate is responsible for the daily monitoring of market risk exposure presented by clients and for supporting systems initiatives.

Your Primary Responsibilities

• Research significant increases in margin requirements, track trading patterns of member firms, liquidity usage, etc.
• Understand clients’ business and risk profiles to serve as a point of contact for risk-related support and inquiries
• Identify and mitigate risk within your areas of responsibility and support risk mitigation across DTCC
• Assess and suggest improvements to existing processes to better anticipate, manage, and reduce risk
• Support the implementation of new margining methodologies and enhancements of existing ones
• Educate clients on FICC services and risk initiatives
• Maintain regulatory awareness and ensure compliance with risk-related policies and best practices
• Assist in preparing responses to audit and regulatory reports
• Support adherence to AML/BSA policies and procedures as per regulatory requirements
• Monitor and escalate risk issues as appropriate

Note: Responsibilities are not limited to those listed above.

Qualifications for Success

• 2-5+ years of experience in margining, fixed income risk analysis, or product management within the financial services industry
• Bachelor’s Degree in Accounting, Finance, Business, or Economics

About Us

With over 50 years of experience, DTCC is a leading post-trade market infrastructure provider for the global financial industry. We operate from 20 locations worldwide, automating and standardizing financial transaction processing to mitigate risk, increase transparency, and improve efficiency. Our services include clearing, settlement, asset servicing, trade reporting, and data services across asset classes. In 2024, our subsidiaries processed securities transactions valued at U.S. $3.7 quadrillion. To learn more, visit www.dtcc.com or connect with us on social media.

DTCC supports flexible work arrangements, encourages diverse opinions, and emphasizes teamwork. Join us to make a meaningful contribution at a company recognized as a leader in financial services and technology.

Additional Details

• Seniority level: Mid-Senior level
• Employment type: Full-time
• Job function: Finance and Sales

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