Risk Division- Dallas- Associate, Market Risk- Dallas Associate

Responsibilities

• Participate in the ongoing review of risk measures (VaR, greeks, stress tests) and interact with 1stline risk takers.
• Evaluate risk taking behavior and influence outcomes through portfolio and transaction level risk analysis taking into consideration risk appetite.
• Collaborate with Risk Engineering colleagues on the development of new risk measures / stress tests and improvements to existing measures.
• Proactive identify emerging risks (e.g. basis risks, crowded trades).
• Propose limits structures and add some risk systems once approved.
• Connect events (e.g. macroeconomic data releases, political elections) to potential vulnerabilities.
• Disseminate information and educate stakeholders through effective and timely communication and collaboration.
• Provide updates to senior management on in-progress projects and contribute to communications to regulators related to regular and ad-hoc inquiries.

• Bachelor’s degree (U.S. or foreign equivalent) in Finance, Financial Risk Management, Mathematics or a related field and two (2) years of experience in the job offered or in a related role.
• Prior experience must include two (2) years with the following: analyzing global market risk regulatory framework, including Comprehensive Capital Analysis Review (CCAR), Basel III and Fundamental Review of the Trading Book (FRTB) regulations; analyzing fixed income instruments and evaluating risk/reward trade offs; applying market risk methodologies including VaR, expected shortfall, confidence levels, Monte Carlo simulations, back testing, RWAs, and probability distributions;
  
  utilizing Excel, Bloomberg, or Refinitiv Eikon for financial analysis; and reviewing and challenging risk-taking activities at a broker-dealer.