VP Risk Management: Margin & Stress-Testing Leader

Wedbush Securities; Jersey City (NJ); On-site; USD 150,000 - 200,000; Full time

Benefits offered by this job

Comprehensive medical, dental, and vision coverage

401(k) plan with company matching

Tuition reimbursement up to $5,250/year

3 weeks of Paid Time Off

Paid Sick Time

Charitable Donation Matching

Job summary

Wedbush Securities in Jersey City seeks a VP, Risk Management to oversee margining and stress testing of various securities. Responsibilities include managing margin requirements, analyzing risk exposure, and performing stress testing on complex portfolios. The role requires 10+ years of experience in Risk Management, a Bachelor’s degree, and expertise in relevant financial tools. Competitive compensation ranges from $150,000 to $200,000 with extensive benefits including medical coverage and tuition reimbursement.

Qualifications

• 10+ years of experience in Risk Management.
• Series 7 license required within 6 months.
• Ability to work independently and manage tight deadlines.

Responsibilities

• Manage margin requirements on client accounts.
• Analyze risk exposure across the firm and set margin policies.
• Perform Stress Testing and VaR analysis on complex portfolios.

Skills

Industry knowledge across multiple lines of business

Competency in Equities, Complex Options, Fixed Income

Excellent presentation skills

Strong analytical skills

Education

Bachelor's Degree in Finance/Business Administration

Tools

Excel

PowerPoint

Bloomberg

SQL

Power BI

Job description

Wedbush Securities in Jersey City seeks a VP, Risk Management to oversee margining and stress testing of various securities. Responsibilities include managing margin requirements, analyzing risk exposure, and performing stress testing on complex portfolios. The role requires 10+ years of experience in Risk Management, a Bachelor’s degree, and expertise in relevant financial tools. Competitive compensation ranges from $150,000 to $200,000 with extensive benefits including medical coverage and tuition reimbursement.