Market Risk Associate Director

Yoh, A Day & Zimmermann Company; Jersey City (NJ); Hybrid; USD 122,000 - 175,000; Full time

Job summary

An established industry player is seeking a Market Risk Associate Director to lead a dynamic team in analyzing equity market risks. This exciting hybrid role involves developing quantitative risk models, monitoring market conditions, and implementing effective risk mitigation strategies. With a strong emphasis on leadership and collaboration, the successful candidate will have the opportunity to make a significant impact in the financial services sector. If you have a robust quantitative background and a passion for market risk, this is the perfect opportunity to advance your career in a supportive and innovative environment.

Qualifications

• 8+ years of experience in market risk with a strong quantitative focus.
• Proven leadership and team management experience is essential.

Responsibilities

• Lead and manage a team of risk professionals overseeing market risk functions.
• Conduct quantitative risk analysis and develop risk models.

Skills

Quantitative Risk Analysis

Leadership

Market Risk Expertise

SQL

Data Analysis

Risk Mitigation Strategies

Education

Bachelor’s Degree

Master’s Degree in Finance, Mathematics, or Quantitative Field

Tools

Power BI

Job description

Location: Jersey City, United States

Sector: Financial Services

Salary: $122,500.00 to $175,000.00 per annum

Seeking a Market Risk Associate Director with a strong quantitative background. This role focuses on equity market risk analysis and requires expertise in quantitative risk models such as VaR, Monte Carlo analysis, and Expected Shortfall. The ideal candidate will have proven leadership experience and a deep understanding of market risk, clearing, and settlement processes.

This is a direct-hire, hybrid position that requires 3 days on-site/week in Jersey City, NJ.

Key Responsibilities:

• Lead and manage a team of risk professionals, overseeing market risk functions.
• Conduct quantitative risk analysis and develop risk models to assess market exposures.
• Monitor market conditions and implement risk mitigation strategies.
• Collaborate with global teams.
• Ensure compliance with risk management policies and regulatory requirements.
• Utilize SQL, Power BI, or similar data analysis tools to enhance risk reporting and decision-making.

Qualifications:

• Bachelor’s degree required; Master’s degree in Finance, Mathematics, or a quantitative field preferred.
• 8+ years of experience in market risk with a strong quantitative focus.
• Proven leadership and team management experience.
• Equity market risk experience preferred; other market risk backgrounds considered.
• Experience in clearing and settlement is a plus.

Estimated Min Rate: $122,500.00
Estimated Max Rate: $175,000.00

Note: Any pay ranges displayed are estimations. Actual pay is determined by an applicant's experience, technical expertise, and other qualifications as listed in the job description. All qualified applicants are welcome to apply.

Yoh, a Day & Zimmermann company, is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran.