VP US Rates Market Risk Manager

Madison-Davis; New York (NY); Hybrid; USD 125,000 - 223,000; Full time

Job summary

Madison-Davis, LLC seeks a Vice President to lead US Rates Market Risk Management on a hybrid basis in New York. You will oversee risk monitoring, stress testing, VaR, and governance across Repo, Treasuries, Swaps, and related products, partnering with traders and business partners to deliver independent risk insight.

The role demands deep rates product knowledge, daily P&L analysis, risk analytics, and the ability to communicate challenges to senior stakeholders while driving continuous

Responsibilities

• Develop, implement, and maintain the risk control framework for the US Rates business across Repo, Treasuries, Swaps, Options, Inflation, RMBS, Munis, Affordable Housing Loans, and related products.
• Perform daily monitoring of risk, stress, and VaR exposures; track P&L drivers daily.
• Develop and implement new stress testing analyses to quantify the range of risks the desk runs; keep abreast of latest market developments and assess their implications for desk positions and exposures.
• Liaise directly with trading desks on exposures, new business initiatives, and market activity; drive risk management infrastructure development in partnership with Trading, Finance, Technology, and other control functions.
• Ensure internal and external governance policies are effectively applied across the US Rates business; provide independent challenge and clear risk insight to senior stakeholders supporting informed decisions across the franchise.
• Influence senior stakeholders across Trading, Finance, Technology, and control functions to deliver sound risk decisions; drive continuous improvement of risk frameworks, analytics, reporting, and governance processes.
• Leverage AI tools and quantitative capabilities to enhance productivity, optimize risk workflows, and solve business problems while applying critical judgment to ensure responsible and ethical use of data and AI outputs.
• Develop team capability through coaching, knowledge sharing, constructive challenge, and clear accountability

Job description

Title: VP US Rates Market Risk Manager

Office Status: Hybrid New York, NY

Base Salary: $125k $222.5k + Bonus

ABOUT THE ROLE

This Vice President opportunity sits within the Market Risk Management function of a leading global financial institution, offering independent risk oversight and daily risk management coverage of the US Rates business across a broad range of sub-businesses including Repo, Treasuries, Swaps, Options, Exotics, RMBS, and Munis. The role combines hands‑on daily risk monitoring P&L driver analysis, VaR and stress exposure oversight, and risk completeness review with a framework development mandate focused on improving stress testing methodologies, risk analytics, and governance processes. Sitting on the trading floor and coordinating directly with traders and business partners, this is the right seat for an experienced market risk professional with deep rates product knowledge who combines sharp analytical judgment with the communication skills to provide independent challenge and clear risk insight to senior stakeholders across the US Rates franchise.

RESPONSIBILITIES

Develop, implement, and maintain the risk control framework for the US Rates business across Repo, Treasuries, Swaps, Options, Inflation, RMBS, Munis, Affordable Housing Loans, and related productsPerform daily monitoring of risk, stress, and Value-at-Risk exposures;ensure risk completeness and accuracy by closely monitoring and understanding P&L drivers on a daily basisDevelop and implement new stress testing analyses to better quantify the range of risks the desk runs;keep abreast of latest market developments and assess their implications for desk positions and exposuresLiaise directly with trading desks on exposures, new business initiatives, and market activity;drive risk management infrastructure development in partnership with Trading, Finance, Technology, and other control functionsEnsure internal and external governance policies are effectively applied across the US Rates business;provide independent challenge and clear risk insight to senior stakeholders supporting informed decisions across the franchiseInfluence senior stakeholders across Trading, Finance, Technology, and control functions to deliver sound risk decisions;drive continuous improvement of risk frameworks, analytics, reporting, and governance processesLeverage AI tools and quantitative capabilities to enhance productivity, optimize risk workflows, and solve business problems while applying critical judgment to ensure responsible and ethical use of data and AI outputsDevelop team capability through coaching, knowledge sharing, constructive challenge, and clear accountability