About this role
About the Role Risk Manager responsible for supervising Market Risk for Spread Products areas. Key tasks include shaping limits framework, daily compliance with the limits, interpretation and challenge of risk trends (VaR, risk sensitivities, stress testing, etc.); decision making around trade reviews, risk assessments and pre-approvals; monitoring of market conditions, interpretation of trading patterns and exposure trends; leading deployment of new products, reviewing policies and methodologies, improving reports, models and risk analytics across covered products. What You'll Do
- Lead Market Risk monitoring, analysis, and reporting.
- Strengthen risk controls, improving business policies, procedures and methodologies, challenging trading mandates.
- Partner with Trading Heads for Agency (MBS/TBAs/CMOs) and Non-Agency Securitized Products (ABS/CLO/RMBS/CMBS), Corporate Credit (IG/HY/EM Bonds/Lev Loans/CDS/CDX) and Municipal Products to ensure well balanced risk taking to meet business goals.
- Interpret in-depth market surveillance in the context of portfolio dynamics for senior management, regulators, and other stakeholders.
- Lead internal projects to ensure market risk systems improvements in support of existing and new products. What We're Looking For
- 10+ years of experience in market risk management required.
- Direct experience with Spread Products market risk is required, including 5+ years covering Agency Securitized Products.
- Master’s degree in a quantitative field is preferred.
- Excellent quantitative, analytical and communication skills.
- Bloomberg, Intex, PolyPaths, Murex, SQL, Python, AI tools proficiency is a plus.
- Proficiency with FRTB is a plus.
- Ability to work under pressure with tight deadlines in a trading desk environment. Nice to Have
- Master’s degree in a quantitative field (if not already listed) and familiarity with advanced risk analytics tools. Compensation & Benefits
- Base salary range: $160,000 – $235,000 per year. Discretionary bonus. Benefits include Medical, Dental, and 401K plans.
- Hybrid working arrangement. EEO/AA employer; drug-free workplace; E-Verify program.