VP, Prime Services Risk: Stress Testing & Risk Framework Lead

Selby Jennings; New York (NY); On-site; USD 180,000 - 300,000; Full time

Job summary

Selby Jennings seeks a Vice President of Prime Services Risk to be based in New York. The role leads risk coverage across prime, counterparty credit risk, and builds the risk framework, including margin risk methodologies.

The candidate will collaborate with trading, credit, counterparty, and front office teams to ensure comprehensive risk coverage, and will lead stress testing and scenario analysis for the business.

Qualifications

• 5 years of risk experience, ideally within the Prime, Market Risk, or Counterparty Credit Risk
• Experience with VaR and stress testing
• Exposure to and strong understanding of equities products such as Delta One, Swaps, and derivatives across all asset classes - experience with synthetic prime is a plus
• Strong understanding of market risk and counterparty risk processes and metrics
• Strong knowledge across a range of PB offerings and products like financing, securities lending, and OTC clearing
• Quantitative background would be preferred

Responsibilities

• Partnering with the Prime Finance and Credit risk teams to ensure client portfolios adhere to risk limits
• Collaborate with various teams across the business like CCR and Trading teams to provide risk coverage
• Drive stress testing and scenario analysis for the business

Skills

Prime Services Risk

VaR

Stress testing

Derivatives knowledge

Cross-functional collaboration

Job description

Selby Jennings seeks a Vice President of Prime Services Risk to be based in New York. The role leads risk coverage across prime, counterparty credit risk, and builds the risk framework, including margin risk methodologies.

The candidate will collaborate with trading, credit, counterparty, and front office teams to ensure comprehensive risk coverage, and will lead stress testing and scenario analysis for the business.