Senior Equities Market Risk VP — Front Office Impact NYC

Selby Jennings; New York (NY); On-site; USD 180,000 - 260,000; Full time

Job summary

Selby Jennings in New York seeks a VP-level candidate to join a Tier 1 investment bank’s equities market risk team, focusing on exotics, flow, and corporate derivatives desks. The role involves direct collaboration with traders to assess risk usage and limits, aligning risk appetite strategy, hedge strategy, and size risk limits, with significant interaction with senior management.

Ideal candidates have 3+ years in market risk, with equities experience; exposure to fixed income repo, non-linear

Qualifications

• 3+ years of experience in market risk management, ideally covering equities.
• Experience with equity derivatives or fixed income products like repo, non-linear rates, or non-linear FX.

Responsibilities

• Provide market risk oversight for the firm's equity trading business in NYC. Covering flow, exotics, and corporate derivative trading desks.
• Work with traders to explain risk metrics like VaR and P&L, explaining the drivers and changes.
• Partner with traders and desk heads to setup risk limits, approve large trades, and optimize risk usage and risk appetite.

Skills

Market risk

Python

SQL

Equities derivatives

Fixed income

Communication

Tools

Python

SQL

Job description

Selby Jennings in New York seeks a VP-level candidate to join a Tier 1 investment bank’s equities market risk team, focusing on exotics, flow, and corporate derivatives desks. The role involves direct collaboration with traders to assess risk usage and limits, aligning risk appetite strategy, hedge strategy, and size risk limits, with significant interaction with senior management.

Ideal candidates have 3+ years in market risk, with equities experience; exposure to fixed income repo, non-linear