Vice President, First Line Exposure Optimization

Location: New York

Job-:
Data Management & Quantitative Analysis

Location:

New York, NY, United States

Schedule:

Full time, Day Posted:
Base Salary Min: 69000

Base Salary Max: 185000

We’re seeking a future team member for the role of Vice President, First Line Exposure Optimization to join our First Line Risk team in Markets. This role is located in New York,  this role, you’ll make an impact in the following ways:
Perform quantitative analysis of counter party and portfolio risk across the Securities Finance and Prime Services businesses, including stress testing, scenario and sensitivity analysis, concentration risk, exposure attribution and liquidity risk Develop, enhance, document, and back-test risk methodologies, including margin, haircut, stress, concentration and exposure frameworks, using historical and forward-looking market scenarios

Analyze large and complex datasets to identify emerging risks, crowded exposures, wrong-way risk, collateral deterioration and changes in counter party risk profiles

Build and enhance automated risk analytics, dashboards and exception-monitoring tools to improve intraday and end-of-day transparency

Identify counter party risks and lead escalation of material exposures, limit breaches and portfolio vulnerabilities to senior management

Monitor counter party, market, collateral and liquidity exposures; lead the timely escalation and resolution of material limit breaches, margin shortfalls, portfolio vulnerabilities with senior stakeholders

Partner with Trading, Sales, Credit Risk, and Margin teams to evaluate new prospects and changes to client terms from a risk/reward perspective

Evaluate risk-adjusted returns and financial resource consumption to help optimize deployment of balance sheet, capital and risk capacity

Help expand the various house margin and haircut methodologies built in coordination with 2nd Line and Margin Department Improve the non-Standard collateral limit framework within the principal business and help source the collateral at right margins to minimize risk. Drive continuous improvement and automation of risk processes within the Securities Finance space, including identification of opportunities to leverage AI and advanced analytics.

Lead portfolio reviews and management reporting that clearly communicate key exposures, trends, breaches, emerging risks and recommended actions to senior management and relevant governance forums.

Coordinate counter party stress events and default-management “fire drills,” including scenario design, exposure assessment, action tracking and post-event lessons learned. The successful candidate will demonstrate/possess:

Experience in In-Business Market Risk, Credit Risk, Prime Finance Risk, Repo Risk or other client/trading desk facing risk function

Strong understanding of market risk, counter party credit risk, collateral risk, leverage and liquidity risk within financing businesses

Bachelor’s degree of a quantitative discipline (Finance, Math, Science/Engineering or Quantitative Finance) or equivalent Strong quantitative background with demonstrated ability to analyze large and complex financial datasets

Hands-on experience with risk analytics, stress testing, scenario analysis, back-testing and/or quantitative model development

Strong technical skills in Python, SQL and/or similar analytical tools

Advanced Excel skills and experience working with market and position-level datasets; familiarity with Bloomberg or similar market-data platforms preferred

Ability to understand and challenge quantitative methodologies, model assumptions and risk parameters

Strong written and verbal communication skills, with the ability to explain complex quantitative concepts into clear conclusions and recommendations for senior management

Strong commercial…