Market Risk Specialist

• Build, maintain and improve market risk reporting infrastructure and tools, including the automation and streamlining of existing processes
• Create market risk models and advise traders on pending deals
• Develop market risk measurement methods and understand process flows
• Daily monitor of market risk, stress and Value at Risk (VaR) exposures against limits and risk appetite, while remaining constantly aware of current market dynamics
• Manage market risk assessments for new product lines, working with traders to understand their markets
• Create, update, present and enforce market risk policies and procedures
• Process and analyze large data sets using SQL while maintaining and updating codebases to ensure performance and scalability
• Perform stress testing and develop risk mitigation strategies

In essence, your role involves:

• Build, maintain and improve market risk reporting infrastructure and tools, including the automation and streamlining of existing processes
• Create market risk models and advise traders on pending deals
• Develop market risk measurement methods and understand process flows
• Daily monitor of market risk, stress and Value at Risk (VaR) exposures against limits and risk appetite, while remaining constantly aware of current market dynamics
• Manage market risk assessments for new product lines, working with traders to understand their markets
• Create, update, present and enforce market risk policies and procedures
• Process and analyze large data sets using SQL while maintaining and updating codebases to ensure performance and scalability
• Perform stress testing and develop risk mitigation strategies

To be successful in this role, we are looking for candidates with the following qualifications and attributes:

• Bachelor or Master of Finance, Economic, Statistics or Econometrics
• 5-7 years of experience in market risk within commodity trading or a leading financial institution
• Strong market analysis and financial assessment capabilities
• Experience with Python is essential
• Intellectually curious and able to demonstrate structures problem solving and analytical skills
• Confident communication (verbal and written) with stakeholder management

Please note:

this role is 100% in-office in New York City

The base pay range for this position is $120K- $160K annually; however, base pay offered may vary depending on location, job-related knowledge, skills, and experience. The base pay is just one component of the total competitive compensation package for employees.

ACT Group is an Equal Opportunity Employer. All employment decisions at ACT Group are made without regard to race, color, ethnicity, national origin, age, citizenship status, physical or mental disability, religion, creed, gender, sex, sexual orientation, gender identity or expression, genetic information, marital status, family or parental status, status with regard to public assistance, military or veteran status, or any other characteristic protected by applicable federal, state, or local law.