VP, Equities Market Risk – Front Office NYC

Selby Jennings; New York (NY); On-site; USD 180,000 - 240,000; Full time

Job summary

Selby Jennings seeks a VP-level market risk professional to oversee equity trading risk in New York City. You will work directly with traders to assess risk usage and limit usage, aligning hedge and risk appetite strategies while influencing senior management.

This role offers exposure to front-office decision making, with opportunities to impact risk limits and trading strategies in a lean team environment.

Qualifications

• 3+ years of experience in market risk management ideally covering equities.
• Strong knowledge of equity derivative products or fixed income products like repo, non-linear rates, or non-linear FX.
• Working ability in Python and SQL.
• Strong communication skills and ability to work in a front office environment.

Responsibilities

• To provide market risk oversight for the firm's equity trading business in NYC. Covering flow, exotics, and corporate derivative trading desks
• Work with traders to explain risk metrics like VaR and P&L, explaining the drivers and changes
• Partner with traders and desk heads to setup risk limits, approve large trades, and optimize risk usage and risk appetite

Skills

Risk management

Front office liaison

Communication skills

Tools

Python

SQL

Job description

Selby Jennings seeks a VP-level market risk professional to oversee equity trading risk in New York City. You will work directly with traders to assess risk usage and limit usage, aligning hedge and risk appetite strategies while influencing senior management.

This role offers exposure to front-office decision making, with opportunities to impact risk limits and trading strategies in a lean team environment.