Senior Market Risk Associate - Hybrid, Impact & Growth

The Depository Trust & Clearing Corporation (DTCC); Jersey City (NJ); Hybrid; USD 120,000 - 150,000; Full time

Benefits offered by this job

Base salary + annual incentive

Health and life insurance

Pension plan

PTO & family care

Hybrid work model (onsite Tue/Wed + a

third day varies by team)

Job summary

DTCC in Jersey City, NJ is seeking an experienced risk professional to join FR&G. You will proactively identify and evaluate changes in members' market and liquidity risk exposures and provide timely solutions to mitigate exposures.

The role emphasizes collaboration with risk teams and a strong understanding of clearing and settlement processes. As part of DTCC's risk governance, you will monitor market conditions, escalate emerging risks, and work with cross-functional teams to strengthen risk

Qualifications

• Minimum of 6 years of related experience.
• Bachelor's degree preferred or equivalent experience.

Responsibilities

• Proactively identify and evaluate changes in members' market risk exposures, liquidity needs and settlement obligations and provide solutions to mitigate exposures in timely manner.
• Monitor market conditions and economic trends to anticipate potential risks and their potential impact on members’ margin requirements.
• Mitigates risk by following established procedures, identifying and escalating emerging risks, and demonstrating strong ethical behavior.
• Perform day to day functions contained in the procedures such as researching significant increases in margin requirements, tracking trading patterns of member firms, liquidity usage, etc.
• Develop a strong understanding of clients’ business and risk profiles to serve as a point of contact for risk related support and inquiries.
• Collaborates with cross functional teams including Counterparty Credit Risk, Liquidity Risk, Operations, Quantitative Risk, Relationship Management to bolster risk management practices.
• Educate clients on risk management tools and initiatives.
• Aligns risk and control processes into day to day responsibilities to monitor and mitigate risk; escalates appropriately

Skills

Risk management

Financial markets knowledge

Strong communication

Collaboration

Education

Bachelor's degree or equivalent experience

Job description

DTCC in Jersey City, NJ is seeking an experienced risk professional to join FR&G. You will proactively identify and evaluate changes in members' market and liquidity risk exposures and provide timely solutions to mitigate exposures.

The role emphasizes collaboration with risk teams and a strong understanding of clearing and settlement processes. As part of DTCC's risk governance, you will monitor market conditions, escalate emerging risks, and work with cross-functional teams to strengthen risk