Vice President, US Equity Risk Management

Crédit Agricole Group; New York (NY); On-site; USD 150,000 - 180,000; Full time

Job summary

Crédit Agricole Group's US Equity Risk Management team seeks a Vice President to monitor, analyze and report market risks related to equity and equity derivatives. The role is integrated into the global RM Equity group and focuses on risk controls, limit reviews and contribution to valuation methods.

Primary duties include producing daily risk explanations, alerting senior management to material events, and supporting dashboards for CACIB US and CUSO management.

Responsibilities

• Alerts the Head of Market Risk US on important events, market risk exposures or abnormal situations
• Analysis, monitoring and supervision of daily production of results explanations
• Analysis, monitoring and supervision of risks and notification of limit breaches
• Analysis and validation of new operations / one-offs
• Contribute / Participate material and presentations for the CACIB US and CUSO management through a weekly dashboard, at the US Market Risk Committee and the CUSO Market Risk Bureau.
• Definition and evolution of market risk measurement methodologies and reserves/adjustments specific to products handled within GRI Equity and/or ES scope
• Annual review of limits
• Production and analysis of market risks
• Calculation of reserves for GRI Equity / ES scope
• Semi-annual and annual business activity reviews
• Participation in implementing regulatory changes (FRTB...)
• Responding to regulator requests (AQR, EBA Stress, QIS, FED, NYDFS etc...)
• Improvement and implementation of risk analysis and monitoring tools
• Assist the MAM team in maintaining a robust risk and valuation reporting framework
• Work in open space. On-call duty possible on holidays

Job description

Summary

Within the Market Risk Department, Equity Risk Management ensures the monitoring, analysis, control and reporting of results and market risks related to Equity market activities and Equity derivatives.

Position Overview

The US Equity Risk Management Analyst (Vice President) is integrated into the global RM Equity team, responsible for Equity Solution and GRI (Global Repo and Indexing) activities. The analyst controls and analyzes market risks and results, participates in the review of market limits and report limit breaches.

The analyst also contributes to valuation methodologies, calculation of adjustment reserves, and parameter control methodology.

Key Responsibilities

Primary Duties

• Alerts the Head of Market Risk US on important events, market risk exposures or abnormal situations
• Analysis, monitoring and supervision of daily production of results explanations
• Analysis, monitoring and supervision of risks and notification of limit breaches
• Analysis and validation of new operations / one-offs
• Contribute / Participate material and presentations for the CACIB US and CUSO management through a weekly dashboard, at the US Market Risk Committee and the CUSO Market Risk Bureau.
• Definition and evolution of market risk measurement methodologies and reserves/adjustments specific to products handled within GRI Equity and/or ES scope
• Annual review of limits

Secondary Duties

• Production and analysis of market risks
• Calculation of reserves for GRI Equity / ES scope
• Semi-annual and annual business activity reviews
• Participation in implementing regulatory changes (FRTB...)
• Responding to regulator requests (AQR, EBA Stress, QIS, FED, NYDFS etc...)
• Improvement and implementation of risk analysis and monitoring tools
• Assist the MAM team in maintaining a robust risk and valuation reporting framework

Job Specifics

Work in open space. On-call duty possible on holidays

Key Internal Contacts

Local/Regional MAM, Local Market Risk Management, RPC and Front Office, Regional Management, Internal Audit, Compliance

Key External Contacts

External audit

Salary Range:

$150k-$180k