VP, Market Risk Manager - Credit Trading

Jefferies Financial Group; New York (NY); On-site; USD 130,000 - 200,000; Full time

Job summary

An established industry player is seeking a Fixed Income Market Risk Manager to oversee Traded Credit Products. This pivotal role involves analyzing market risks, engaging with trading desks, and communicating key insights to senior management. The ideal candidate will possess strong analytical skills, a solid understanding of credit products, and the ability to thrive in a fast-paced environment. With a commitment to diversity and inclusion, this innovative firm offers a comprehensive benefits package and opportunities for professional growth. If you are ready to make a significant impact in the world of finance, this role is for you.

Benefits

Medical, Dental & Vision Coverage

401(k) Plan

Life, Accident, and Disability Insurance

Wellness Programs

Paid Time Off

Paid Parental Leave

Annual Discretionary Incentive

Retention Bonus

Qualifications

• 5-7 years of Fixed Income market risk experience required.
• Ability to communicate complex information clearly.
• Team player with strong work ethic and multitasking ability.

Responsibilities

• Engage with trading desks to understand strategies and risk changes.
• Perform analyses on products and trading strategies.
• Develop stress scenarios and manage associated risks.

Skills

Analytical Skills

Quantitative Skills

Attention to Detail

Emotional Intelligence

Multitasking

Communication Skills

Education

Bachelor's Degree

Master's Degree

Tools

Microsoft Office

Bloomberg Terminal

Risk Metrics

Murex

Python

VBA Programming

SQL

Job description

Description : Fixed Income Market risk manager focusing on Traded Credit Products. The core of the role is to understand and highlight key changes in Market Risk for credit trading desks at Jefferies. Product scope to include Investment Grade bonds, High Yield bonds, Leveraged loans, Distressed products, Index, ETF, Credit E-Trading, and all associated hedges.

Responsibilities :

• Engage with trading desk to understand trading strategies and changes in risk profile.
• Communicate key risk changes, market activity, and P / L drivers to senior management.
• Perform deep dive analyses on products and / or trading strategies as necessary.
• Assess new products and propose frameworks for managing associated risks.
• Develop and implement appropriate stress scenarios.
• Actively participate in weekly risk meetings.
• Test / onboard new technologies as appropriate.
• Develop productive working relationships with other support functions, including Middle Office, Operations, Compliance, Technology, and Product Control.

Qualifications :

• Excellent analytical and quantitative skills, strong attention to detail, strong work ethic, and high emotional intelligence.
• Ability to draw conclusions from complex information and communicate those conclusions clearly to a senior audience.
• Ability to multitask, work under pressure, and prioritize tasks in a trading floor environment.
• Team player who is also a resourceful self-starter.

Requirements :

• Bachelor's or Master's degree in a relevant field.
• 5-7 years of direct Fixed Income market risk experience required, experience of corporate credit analysis or credit risk management is a plus.
• Good understanding of options pricing / greeks a plus.
• Proficiency in Microsoft Office, Bloomberg Terminal, Risk Metrics, Murex, Python, VBA programming and SQL database queries are a plus.

Primary Location Full Time Salary Range of $130,000 - $200,000

About Us

Jefferies Financial Group Inc. (''Jefferies,'' ''we,'' ''us'' or ''our'') is a U.S.-headquartered global full service, integrated investment banking and securities firm. Our largest subsidiary, Jefferies LLC, a U.S. broker-dealer, was founded in the U.S. in 1962 and our first international operating subsidiary, Jefferies International Limited, a U.K. broker-dealer, was established in the U.K. in 1986. Our strategy focuses on continuing to build out our investment banking effort, enhancing our capital markets businesses and further developing our Leucadia Asset Management alternative asset management platform. We offer deep sector expertise across a full range of products and services in investment banking, equities, fixed income, asset and wealth management in the Americas, Europe and the Middle East and Asia.

At Jefferies, we believe that diversity fosters creativity, innovation and thought leadership through the infusion of new ideas and perspectives. We have made a commitment to building a culture that provides opportunities for all employees regardless of our differences and supports a workforce that is reflective of the communities where we work and live. As a result, we are able to pool our collective insights and intelligence to provide fresh and innovative thinking for our clients.

Jefferies is committed to creating and sustaining a diverse workforce and encourages applicants from all backgrounds to apply. This includes applicants from historically underrepresented groups, including women, racial and ethnic minorities, members of the LGBTQ+ community, military veterans, and individuals with disabilities or who are neurodiverse.

Jefferies is an equal employment opportunity employer, and takes affirmative action to ensure that all qualified applicants will receive consideration for employment without regard to race, creed, color, national origin, ancestry, religion, gender, pregnancy, age, physical or mental disability, marital status, sexual orientation, gender identity or expression, veteran or military status, genetic information, reproductive health decisions, or any other factor protected by applicable law. We are committed to hiring the most qualified applicants and complying with all federal, state, and local equal employment opportunity laws. As part of this commitment, Jefferies will extend reasonable accommodations to individuals with disabilities, as required by applicable law.

The salary offered will take into consideration an individual's experience level and qualifications. In addition to salary, Jefferies Financial Group is proud to offer a comprehensive benefits package to eligible, full-time employees or part- time employees, who are scheduled to work at least 30 hours or more per week, including an annual discretionary incentive and retention bonus, competitive employee benefits, including : medical, dental & vision coverage; 401(k); life, accident, and disability insurance; and wellness programs. Jefferies also offers paid time off packages that include planned time off (e.g., vacation), unplanned time off (e.g., sick leave), and paid holidays, and for full time employees, paid parental leave.