Vice President, Risk Management

Job Description Wedbush Securities is one of the largest securities firms and investment banks in the nation. We provide innovative financial solutions through our Wealth Management, Capital Markets, Futures and Advanced Clearing & Prime Services divisions. Headquartered in Los Angeles, California with over 100 offices and more than 80correspondent offices, our commitment to providing relentless,customized service is the foundation of our consistent growth.

Our Jersey City office is seeking a VP, Risk Management to join ourRisk Management group. This position will be focusing on margining andstress testing of options, equities, fixed income, FX and other derivative securities.  Responsibilities will include, but are not limited to:

Manage all margin requirements on client accounts on a security basis, portfolio level and on the global firm-wide platform

Analyze risk exposure across the firm and set appropriate margin requirements and policies to mitigate that risk Manage the firm’s risk exposure due to margin loans, large concentrated trades and volatile market moves, being both proactive and reactive to managing concentration risk, liquidity risk andmarket volatility on the entire client base Perform Stress Testing and VaR analysis on complex portfolios;comprised of equities, options, fixed income and futures securities,and ad hoc business and liquidity analysis on key drivers and accounts

Issue margin calls for client accounts and monitor limit breaches for proprietary trading desks

Set margin lending rates and trading limits on a wide array of securities and lines of businesses which include repo lending, stockloan, agency execution, investment banking, etc Mitigate liquidity risk and funding requirements arising from institutional trading by interfacing with street-side and central counter parties Facilitating the clearance of large transactions from execution through settlement

Perform other tasks and duties as required and assigned

Experience and Skills Strong industry knowledge across multiple lines of business. Clearance & Settlement, Prime Brokerage, Agency Execution and in-depth understanding of NSCC, OCC, FICC & DTC.High Competency in Equities, Complex Options, Fixed Income,Reg T. Calculation and Portfolio Margin.

The ideal candidate can work independently, can manage tight deadlines and has excellent presentation skills, both written& verbal.
10+ years of experience in Risk Management Bachelor's Degree, preferably in Finance/Business Administration or related fields

Advanced abilities using Excel, Powerpoint and Bloomberg. SQL & Power BI is a plus, but not required.

Series 7 required within 6 months.

What We Offer As part of our overall compensation package, Wedbush Securities offers an array of diverse benefits to all our colleagues. We believe that providing competitive benefit options yields the advantageous reward of establishing a healthy and inclusive foundational work culture.

Comprehensive medical, dental, and vision coverage with multiple health plan options for you and your family

Health Savings Account with company-sponsored contributions

Flexible Spending Accounts (FSA) traditional and dependent care

Pre-Tax Commuter Benefits
401(k) plan with discretionary, competitive company matching andprofit-sharing contributions

Tuition reimbursement up to $5,250/year3 weeks of Paid Time Off2 weeks of Paid Sick Time (may vary by location)10 Paid Holidays Charitable Donation Matching Contributions Paid Leave (Parental Bonding, Military, Jury Duty, Volunteer Time Off, Disability, etc.)FINRA License Sponsorship Travel & Employee Assistance and Employee Discount Programs The reasonable estimate of the compensation range for this role hasnot been adjusted for the applicable geographic location.

A reasonable estimate of the current range is $150,000 to $200,000. Colleagues maybe eligible for additional, discretionary incentive compensation basedon the colleague's and the firm's performance. Decisions regarding compensation are determined on a case-by-case basis and are dependent on a variety of factors including but not limited to skill sets;experience and training; licensure and certifications; and other business and organizational needs.

Wedbush Securities (WS) is proud to be an Equal Employment Opportunity employer. WS does not discriminate based on race,religion, color, creed, sex, sexual orientation, gender, gender identity or expression, national origin, ancestry, citizenship status,registered domestic partner status, uniform service member…