Market Risk Specialist

ACT Group; New York (NY); On-site; USD 120,000 - 160,000; Full time

Job summary

ACT Group is seeking a results‑driven market risk professional to build and enhance reporting infrastructure in a 100% in‑office NYC role. You will develop risk measurement methods, monitor VaR against limits, and advise traders on potential mitigations while collaborating across desks.

The ideal candidate has 5–7 years in market risk, strong Python skills, and excellent analytic and communication abilities to engage stakeholders and guide risk decisions.

Qualifications

• Bachelor or Master of Finance, Economics, Statistics or Econometrics.
• 5-7 years of experience in market risk within commodity trading or a leading financial institution.
• Experience with Python is essential.
• Strong market analysis and financial assessment capabilities.

Responsibilities

• Build, maintain and improve market risk reporting infrastructure and tools, including the automation and streamlining of existing processes
• Create market risk models and advise traders on pending deals
• Develop market risk measurement methods and understand process flows
• Daily monitor of market risk, stress and VaR exposures against limits and risk appetite
• Manage market risk assessments for new product lines, working with traders to understand their markets
• Create, update, present and enforce market risk policies and procedures
• Process and analyze large data sets using SQL while maintaining and updating codebases
• Perform stress testing and develop risk mitigation strategies

Skills

Python

Stakeholder management

Analytical thinking

Education

Bachelor or Master of Finance, Economics, Statistics or Econometrics

Tools

SQL

Job description

Your Role in Our Story:

In essence, your role involves:

• Build, maintain and improve market risk reporting infrastructure and tools, including the automation and streamlining of existing processes
• Create market risk models and advise traders on pending deals
• Develop market risk measurement methods and understand process flows
• Daily monitor of market risk, stress and Value at Risk (VaR) exposures against limits and risk appetite, while remaining constantly aware of current market dynamics
• Manage market risk assessments for new product lines, working with traders to understand their markets
• Create, update, present and enforce market risk policies and procedures
• Process and analyze large data sets using SQL while maintaining and updating codebases to ensure performance and scalability
• Perform stress testing and develop risk mitigation strategies

Your Expertise:

To be successful in this role, we are looking for candidates with the following qualifications and attributes:

• Bachelor or Master of Finance, Economic, Statistics or Econometrics
• 5-7 years of experience in market risk within commodity trading or a leading financial institution
• Strong market analysis and financial assessment capabilities
• Experience with Python is essential
• Intellectually curious and able to demonstrate structures problem solving and analytical skills
• Confident communication (verbal and written) with stakeholder management

Please note: this role is 100% in-office in New York City

The base pay range for this position is $120K- $160K annually; however, base pay offered may vary depending on location, job-related knowledge, skills, and experience. The base pay is just one component of the total competitive compensation package for employees.

ACT Group is an Equal Opportunity Employer. All employment decisions at ACT Group are made without regard to race, color, ethnicity, national origin, age, citizenship status, physical or mental disability, religion, creed, gender, sex, sexual orientation, gender identity or expression, genetic information, marital status, family or parental status, status with regard to public assistance, military or veteran status, or any other characteristic protected by applicable federal, state, or local law.