Senior VP, Margin & Risk Management

Wedbush; Jersey City (NJ); On-site; USD 150,000 - 200,000; Full time

Benefits offered by this job

Medical, dental, vision coverage

401(k) with company matching

Tuition reimbursement

Job summary

Wedbush Securities in Jersey City seeks a VP of Risk Management to lead margining and stress testing for options, equities, fixed income, FX, and other derivatives. The role focuses on risk controls, policy setting, and liquidity management across client accounts and the firm.

The candidate will analyze exposures, issue margin calls, and oversee limits across multiple desks, with advanced Excel, Bloomberg, SQL and Power BI capabilities. 10+ years in risk management preferred.

Qualifications

• Manage all margin requirements on client accounts on a security basis, portfolio level and on the global firm-wide platform.
• Analyze risk exposure across the firm and set appropriate margin requirements and policies to mitigate that risk.
• Manage the firm’s risk exposure due to margin loans, large concentrated trades and volatile market moves, being both proactive and reactive to managing concentration risk, liquidity risk and market volatility on the entire client base.
• Perform Stress Testing and VaR analysis on complex portfolios; comprised of equities, options, fixed income and futures securities, and ad hoc business and liquidity analysis on key drivers and accounts
• Issue margin calls for client accounts and monitor limit breaches for proprietary trading desks
• Set margin lending rates and trading limits on a wide array of securities and lines of businesses which include repo lending, stock loan, agency execution, investment banking, etc
• Mitigate liquidity risk and funding requirements arising from institutional trading by interfacing with street-side and central counterparties
• Facilitating the clearance of large transactions from execution through settlement
• Perform other tasks and duties as required and assigned

Responsibilities

• Oversee margin management for client and institutional accounts to maintain risk controls.
• Conduct risk review across portfolios and implement margin policy adjustments as needed.
• Monitor liquidity needs and address concentration risk across the firm.
• Run Stress Testing and VaR analyses on multi-asset portfolios and report findings.
• Raise margin calls and track breaches for trading desks and clients
• Set margin rates and limits for various securities and business lines such as repo, stock lending, and agency execution
• Coordinate with counterparties to ensure smooth settlement and funding processes
• Handle additional tasks as assigned by management

Skills

Risk management

Margin requirements

VaR analysis

Stress testing

Equities

Options

Fixed income

Portfolio Margin

Bloomberg

SQL

Power BI

Excel

Series 7

Presentation skills

Education

Bachelor's Degree in Finance/Business Administration or related fields

Tools

Bloomberg Terminal

SQL

Power BI

Excel

PowerPoint

Job description

Wedbush Securities in Jersey City seeks a VP of Risk Management to lead margining and stress testing for options, equities, fixed income, FX, and other derivatives. The role focuses on risk controls, policy setting, and liquidity management across client accounts and the firm.

The candidate will analyze exposures, issue margin calls, and oversee limits across multiple desks, with advanced Excel, Bloomberg, SQL and Power BI capabilities. 10+ years in risk management preferred.