Market Risk Associate — Real-Time Risk & Reporting

BGC Group; New York (NY); On-site; USD 90,000 - 150,000; Full time

Benefits offered by this job

Health, Vision, Dental Insurance

401(k) Retirement Plan

Discretionary bonuses

Job summary

BGC Group is seeking an Associate - Market Risk Associate in New York. You will monitor real-time and end-of-day risk exposures, analyze portfolio risk, and build reporting tools, working closely with senior risk managers and trading desks to shape risk strategies across various financial instruments.

The role offers collaboration with front-office desks, data-driven risk analysis, and exposure to equity options and OTC market making.

Qualifications

• Bachelor’s degree in Finance, Economics, Mathematics, or related field.
• 2–5 years of experience in market risk management, with equity risk exposure.
• Strong programming skills, particularly SQL, for data analysis and reporting.
• Solid understanding of market risk concepts: VaR, stress testing, Greeks, etc.
• Experience with Fidessa and Bloomberg is preferred.
• Excellent communication skills for effective collaboration across teams.
• Ability to adapt and manage multiple priorities in a fast-paced environment.
• Proficiency in GUI, Excel/VBA, and Python is an asset.
• Familiarity with internal AI tools for risk management.
• A proactive and detail-oriented approach to risk monitoring and investigation.

Responsibilities

• Monitor market risk exposures for domestic and international equities trading desks.
• Support model integrity and back-testing for risk controls, including VaR and stress metrics.
• Analyze and validate equity stresses, Greeks, and VaR results.
• Build and maintain risk reporting tools using GUI, SQL, Excel/VBA, and AI technologies.
• Prepare daily and weekly risk summaries and support regulatory reporting.
• Collaborate with front-office trading desks to review limit usage and strategies.
• Proactively monitor and investigate deviations in trading activity.
• Track and reconcile P&L attribution with risk factor movements.
• Support multiple products/strategies, including equity options and OTC market making.
• Ensure adherence to internal risk policies and regulatory standards.

Skills

SQL

Python

Excel/VBA

GUI

AI tools

Communication

Risk concepts

Education

Bachelor's degree in Finance, Economics, Mathematics, or related field

Tools

Fidessa

Bloomberg

Job description

BGC Group is seeking an Associate - Market Risk Associate in New York. You will monitor real-time and end-of-day risk exposures, analyze portfolio risk, and build reporting tools, working closely with senior risk managers and trading desks to shape risk strategies across various financial instruments.

The role offers collaboration with front-office desks, data-driven risk analysis, and exposure to equity options and OTC market making.