Vice President, Exposure Optimization & Risk Analytics

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

Job summary

BNY in New York seeks a Vice President for First Line Exposure Optimization to join its First Line Risk team in Markets. The role focuses on governance, monitoring, and optimization of securities finance risk across equities and fixed income.

You will partner with 2nd Line Risk, expand margin methodologies, assess portfolio risks, and automate reporting and AI-enabled workflows for intraday activities. A quantitative degree and 6 years of experience are preferred.

Qualifications

• Bachelor’s degree of a quantitative discipline (Finance, Math, Science/Engineering or Quantitative Finance) or equivalent.
• Experience in Prime Brokerage risk, Repo risk or other client facing, first line risk functions.
• Subject matter expertise, risk challenge, and analytics expertise.
• Strong communication and analytical skills.
• Ability to appropriately interact with senior management, and other lines of businesses.
• Ability to back-test and perform quantitative analysis is important for the role.
• Market Risk Experience in FICC products; Credit Risk understanding a plus
• 6 years of total work experience (preferred)

Responsibilities

• Join the First Line Exposure Optimization Team with focus on the Securities Finance (Equities and Fixed Income) Businesses.
• Governance & Monitoring: Monitor and manage the Securities Finance financial risks in partnership with 2nd Line Risk.
• Help expand the various house margins/ haircut methodologies built in coordination with 2nd Line Risk.
• Assess the risk and reward of the existing portfolio and analyze new business opportunities.
• Enhance client exposure monitoring reports, streamline new business/terms approvals (margin, limit & bespoke agreements).
• Improve the non-Standard collateral limit framework/process within the principal business and help source the collateral at right margins to minimize risk.
• Optimize financial resources within the Securities Finance business (CCAR optimization, Stress testing and other Risk/Capital constraints)
• Product Design: Continue to improve risk monitoring/margining capabilities First Line Risk team works in partnership with Credit, Market and Liquidity Risk to design and implement limit monitoring & client monitoring tools.
• Automate recurring management reporting and monitoring of intraday activities.
• Support implementation of AI-enabled workflows
• Escalation & Workouts: Help coordinate and manage relevant counterparty “Fire drill” with the various firm stakeholders.
• Spearhead reporting to senior management ad-hoc exposure and counterparty summaries during times of market volatility

Skills

Prime Brokerage risk experience

Strong communication

Analytical skills

Back-test capabilities

Interact with senior management

Education

Bachelor’s degree in a quantitative discipline

Job description

BNY in New York seeks a Vice President for First Line Exposure Optimization to join its First Line Risk team in Markets. The role focuses on governance, monitoring, and optimization of securities finance risk across equities and fixed income.

You will partner with 2nd Line Risk, expand margin methodologies, assess portfolio risks, and automate reporting and AI-enabled workflows for intraday activities. A quantitative degree and 6 years of experience are preferred.