Trading Risk and Control Associate

Atlas Search; New York (NY); On-site; USD 140,000 - 230,000; Full time

Job summary

Atlas Search in New York offers a role in the Trading Risk & Control group within Capital Markets. You will build expertise on interest rate derivatives across currencies, handling multiple derivatives such as swaps, options, FX and credit products.

You will interact with financial analysts, quants and traders, solving problems under pressure and managing multiple projects while ensuring trade accuracy and timely valuations.

Qualifications

• Degree in a quantitative field with finance focus.
• 5+ years of Fixed Income experience.
• Strong understanding of greeks, mark-to-market, and PnL attribution.
• Attention to detail and accountability.
• Excellent communication and teamwork.

Responsibilities

• Understand global markets and impact on portfolios.
• Deep understanding of interest rate derivatives valuation and risk models.
• Mark curves for daily MTM and ensure input parameter accuracy.
• Perform daily MV, greeks, MTM, and PnL attribution for CM derivatives.
• Conduct monthly valuation analyses using external data and internal models.
• Improve and streamline existing processes.

Skills

Communication

Teamwork

Python

Education

Bachelor's or Master’s Degree in Financial Engineering, Finance, CS

Tools

Excel VBA

Job description

The Trading Risk & Control group in Capital Markets is established under Sales and Trading to ensure proper trading support and smooth operations. It is seeking a highly motivated candidate who wants to build their career in an interest rate derivative trading floor. This position is part of the trading group and coverage includes products in all major currencies which will provides unique opportunities to get exposure to all aspects of trading interest rate derivatives. Given the small size of the trading group, you will be working on a wide-range of derivatives simultaneously, such as swaps, options, FX and credit products.

• Understand global financial markets, follow market movements and comprehend the impact of on the portfolios
• Deep understanding of interest rates derivatives valuation and market risk, understanding of key valuation approaches and models
• Mark the curves which will be used in calculating daily MTM and ensure that all the market input parameters are accurate
• Daily valuation of the CM derivatives portfolio, including production of greeks, mark to markets, and pnl attribution
• Undertake monthly valuation analysis using externa data source and internal models
• Enhance and streamline of existing working processes

Role Objectives: Delivery

• Interact with a larger team which includes financial analysts, quants, and traders
• Solve problems quickly and independently under pressure
• Handle multiple projects at the same time
• Proactively investigate and resolve trade discrepancies

Company Requirements:

Qualifications and Skills

• Bachelor's or Master’s Degree in Financial Engineering, Finance, Computer Science or related quantitative/analytical field
• Minimum 5 years of work experience in Fixed Income
• Deep understanding of greeks, mark to markets, and pnl attribution
• Meticulous attention to detail and constant accountability
• Excellent communication skills with good teamwork and a strong work ethic
• Proficiency in Python, Excel VBA programming language