VP - Equities Market Risk Manager

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

A Tier 1 investment bank is looking to bring on a VP level candidate to their equities market risk team to cover their local exotics, flow, and corporate derivatives desks in New York City.

This person will be responsible for working directly with traders to assess risk usage and limit usage for the firms equities trading business. They will partner with traders to align risk appetite strategy, hedge strategy, and size risk limits. This hire will join a relatively lean team and have exposure to senior management and business decision makers, offering significant influence on the front office and within market risk.

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

Qualifications

• 3+ years of experience in market risk management ideally covering equities
• Strong knowledge of various 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