VP, Market Risk Manager - Credit Trading

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

Job summary

A leading financial services firm is seeking a VP, Market Risk Manager focusing on Traded Credit Products. This significant role entails assessing market risks for credit trading desks, developing risk management frameworks, and actively engaging with various support functions to ensure effective risk oversight. The candidate should possess strong analytical skills, qualifications in finance, and significant experience in market risk management.

Qualifications

• 5-7 years of direct Fixed Income market risk experience required.
• Ability to communicate complex information clearly to senior management.
• Good understanding of options pricing/greeks a plus.

Responsibilities

• Engage with trading desk to understand trading strategies and risks.
• Communicate key risk changes and P/L drivers to senior management.
• Develop and implement stress scenarios for risk management.

Skills

Analytical skills

Quantitative skills

Attention to detail

Emotional intelligence

Multitasking

Education

Bachelor’s or Master’s degree in a relevant field

Tools

Microsoft Office

Bloomberg Terminal

Risk Metrics

Murex

Python

VBA programming

SQL database queries

Job description

VP, Market Risk Manager - Credit Trading

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