Securitized Products Market Risk Senior Vice President

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We are seeking an experienced Senior Manager within Market Risk with deep expertise in U.S. structured products, including ABS, MBS, CMBS and related securitized products. The role requires a strong understanding of the U.S. securitized-products market and the ability to independently assess market risk, pricing and valuation dynamics across complex portfolios. This is a senior technical and risk-management position requiring sound judgment, market expertise and the ability to challenge trading and valuation assumptions from an independent Market Risk perspective.

• Provide independent Market Risk oversight of structured-product portfolios, with particular focus on ABS, MBS, CMBS and other securitized or mortgage-related instruments.
• Monitor and assess market risk exposures across the portfolio, including key sensitivities, spread risk, interest-rate risk, volatility risk, basis risk and other relevant risk drivers.
• Develop a deep understanding of portfolio positioning and risk concentrations, identifying emerging risks and potential vulnerabilities under changing market conditions.
• Perform rigorous analysis of valuation and pricing, independently assessing whether market prices, model outputs and valuation assumptions appropriately reflect prevailing market conditions and underlying risk characteristics.
• Challenge Front Office pricing and valuation methodologies where appropriate, using market data, comparable instruments, model analysis and professional judgment.
• Understand and assess the impact of key structural characteristics of securitized products, including prepayment behavior, extension/contraction risk, credit enhancement, collateral performance, tranche structure and optionality.
• Monitor developments in the U.S. ABS, MBS and CMBS markets, including changes in liquidity, spreads, issuance activity, investor positioning, collateral performance and macroeconomic drivers.
• Evaluate portfolio risk under both normal and stressed market conditions and contribute to the development and interpretation of stress‑testing and scenario‑analysis frameworks.
• Assess the adequacy of risk metrics and methodologies used to capture the specific characteristics and nonlinear behavior of structured products.
• Perform independent analysis using industry‑standard valuation and analytics platforms, including Numerix and/or Polypaths, as well as other relevant analytical tools.
• Support the review and enhancement of market‑risk frameworks, limits, controls and monitoring processes applicable to securitized‑product portfolios.
• Identify material changes in portfolio risk, valuation uncertainty or market liquidity and communicate them clearly to Market Risk management and relevant senior stakeholders.
• Partner effectively with Trading, Finance, Model Risk and other control functions while maintaining an independent Market Risk perspective.
• Provide senior‑level technical expertise and guidance on structured‑product risk without requiring the broader organizational or strategic scope expected of a Principal or Director‑level role.

• 10+ years of relevant professional experience in Market Risk, Trading Risk, Valuation, Product Control or a closely related function within fixed income or structured products;
  At least 5–7 years of direct experience covering U.S. securitized products, including ABS, MBS and CMBS.
• Demonstrat…