VP, Market Risk Analyst, Fixed Income

CFA Institute; New York (NY); On-site; USD 150,000 - 175,000; Full time

Benefits offered by this job

Health, vision, and dental insurance

401(k) retirement plan

Discretionary bonuses

Paid time off

Job summary

CFA Institute in New York seeks a Vice President to lead market risk across our fixed income portfolio. You will identify, assess, and mitigate risks to support informed decision-making and a robust risk framework.

The role partners with trading desks and risk leaders, produces senior-level reports, mentors junior staff, and collaborates across divisions to strengthen risk infrastructure. 10+ years of experience and strong analytical skills are required.

Qualifications

• Bachelor's degree in Finance, Economics, Mathematics or related field.
• Advanced degree (MBA, MS, MFin) or CFA designation preferred.
• 10+ years of market risk management experience in fixed income and structured products.
• Knowledge of VaR, interest rate risk and stress testing.
• Experience with RiskMetrics or similar systems; Bloomberg is a plus.
• Advanced SQL proficiency for data analysis and tool development.
• Strong communication and cross-functional collaboration skills.

Responsibilities

• Monitor and analyze market risk exposures across fixed income products such as Agency RMBS, CMBS, CRTs.
• Partner with trading desks and risk leaders to identify emerging risks and mitigation strategies.
• Prepare and present market risk reports and analytics to senior management and risk committees.
• Ensure compliance with risk policies, limits, and regulatory requirements.
• Contribute to enhancements of risk frameworks, methodologies, and systems.
• Mentor junior Market Risk staff and support their growth.
• Collaborate with Trading, Finance, Operations and Technology to strengthen risk infrastructure.
• Build and maintain SQL-based tools for risk analytics and reporting.
• Participate in stress testing, scenario analysis and strategic risk initiatives.
• Stay current on market trends and best practices in risk management.

Skills

Market risk management

SQL proficiency

VaR and stress testing

Fixed income knowledge

Communication skills

Education

Bachelor's degree in Finance, Economics, Mathematics

MBA / MS / MFin or CFA designation preferred

Tools

RiskMetrics

Bloomberg

Job description

Job Description

We are seeking a Vice President to manage market risk across our fixed income portfolio. As a key member of our Market Risk team, you will play a vital role in identifying, assessing, and mitigating risks. Your expertise will contribute to our firm's ability to make informed decisions and maintain a strong risk management framework.

Responsibilities

• Monitor and analyze market risk exposures for a diverse fixed income product range, including Agency RMBS, CMBS, CRTs, and more.
• Partner with trading desks and senior risk leaders to identify emerging risks and develop effective mitigation strategies.
• Prepare and present clear market risk reports and analytics to senior management and risk committees.
• Ensure compliance with internal risk policies, limits, and regulatory requirements through independent oversight.
• Contribute to the enhancement of market risk frameworks, methodologies, and systems.
• Mentor junior Market Risk team members and support their professional growth.
• Collaborate with Trading, Finance, Operations, and Technology teams to strengthen risk management infrastructure.
• Build and maintain SQL-based tools for risk analytics and management reporting.
• Participate in stress testing, scenario analysis, and strategic risk initiatives.
• Stay updated on market trends and risk management best practices.

Qualifications

• Bachelor's degree in Finance, Economics, Mathematics, or a related field.
• Advanced degree (MBA, MS, MFin) or CFA designation is preferred.
• 10+ years of market risk management experience, particularly in fixed income and structured products.
• Deep understanding of market risk concepts like VaR, interest rate risk, and stress testing.
• Extensive knowledge of fixed income and structured finance products.
• Experience with RiskMetrics or similar risk management systems and Bloomberg is an asset.
• Advanced SQL proficiency for data analysis and tool development.
• Excellent communication skills to convey complex risk concepts to stakeholders.
• Ability to collaborate effectively across business lines and influence decision-making.
• Strong attention to detail and sound judgment in a fast-paced environment.

Salary

Salary: $150,000 - $175,000 plus Bonus

The actual base salary will be determined on an individualized basis considering a wide range of factors including, but not limited to, relevant skills, experience, education, and, where applicable, licenses or certifications held.

Benefits

• Health, vision, and dental insurance
• Paid time off
• 401(k) retirement plan
• Discretionary bonuses
• Other short- and long-term incentives (e.g., deferred cash, equity, etc.)