VP, Prime Brokerage Risk Management

Madison-Davis, LLC; Jersey City (NJ); Hybrid; USD 150,000 - 200,000; Full time

Job summary

Madison-Davis, LLC, a full-service securities firm, seeks an experienced Vice President in Risk Management to oversee margin risk, stress testing, and liquidity risk across a diverse client portfolio. The role combines daily margin oversight with firm-wide risk analytics in a high-pressure environment.

The ideal candidate has 10+ years in securities risk management, with deep knowledge of prime brokerage, clearing, and options margining, and will influence margin policies across multiple desks

Qualifications

• 10+ years of securities industry experience
• Deep knowledge of prime brokerage, clearing and settlement, and complex options margining

Responsibilities

• Manage all margin requirements on client accounts at the security, portfolio, and firm-wide platform level; set appropriate margin requirements and policies to mitigate risk across the entire client base
• Analyze risk exposure across the firm; manage exposure arising from margin loans, large concentrated trades, and volatile market moves
• Perform stress testing and VaR analysis on portfolios comprising equities, options, fixed income, and futures; conduct ad hoc liquidity analyses
• Issue margin calls for client accounts and monitor limit breaches for proprietary trading desks
• Set margin lending rates and trading limits across a wide array of securities and business lines including repo lending, stock loan, agency execution, and investment banking
• Mitigate liquidity risk and funding requirements arising from institutional trading by interfacing with street-side and central counterparties
• Facilitate the clearance of large transactions from execution through settlement
• Perform other tasks and duties as required and assigned by senior management

Job description

Office Status:

Hybrid – Jersey City, NJ

Base Salary:

$150k – $200k + Bonus

Overview:

This Vice President opportunity sits within the Risk Management function of a well-established, full-service securities firm and investment bank, offering broad ownership across margin risk management, stress testing, and liquidity risk oversight across a complex, multi-asset client portfolio spanning equities, options, fixed income, FX, and derivatives. The role combines daily margin management and limit monitoring with firm-wide risk exposure analysis, stress testing, and VaR — requiring someone equally comfortable managing concentrated positions and volatile market events reactively and proactively. It's an ideal fit for an experienced risk management professional with 10+ years of securities industry experience who brings deep knowledge of prime brokerage, clearing and settlement, and complex options margining in a fast-paced, high-pressure environment.

Key Responsibilities:

• Manage all margin requirements on client accounts at the security, portfolio, and firm-wide platform level; set appropriate margin requirements and policies to mitigate risk across the entire client base
• Analyze risk exposure across the firm; manage exposure arising from margin loans, large concentrated trades, and volatile market moves — proactively and reactively addressing concentration risk, liquidity risk, and market volatility
• Perform stress testing and VaR analysis on complex portfolios comprising equities, options, fixed income, and futures; conduct ad hoc business and liquidity analysis on key drivers and accounts
• Issue margin calls for client accounts and monitor limit breaches for proprietary trading desks
• Set margin lending rates and trading limits across a wide array of securities and business lines including repo lending, stock loan, agency execution, and investment banking
• Mitigate liquidity risk and funding requirements arising from institutional trading by interfacing with street-side and central counterparties
• Facilitate the clearance of large transactions from execution through settlement
• Perform other tasks and duties as required and assigned by senior management