Market Risk Manager

Join a high-impact team within our Market Risk Department, providing critical, independent oversight across the Americas Platform. Led by the Head of Market Risk Americas, this group is pivotal in managing risk across diverse asset classes including Rates, Credit, Equity, Securities Financing, FX, and Commodities. As a VP level Market Risk Manager, you will play a central role in safeguarding two key business lines:
Rates/FX and Credit Trading. This is a unique opportunity to leverage your expertise in identifying, analyzing, and strategically managing market risk exposures, acting as a trusted advisor and the vital second line of defense to our business partners.

• Drive Strategic
  
  Risk Management:
  
  Champion effective risk management and oversight for US Rates/FX and Credit Trading businesses, encompassing intricate sub-activities such as Swaps, Options, Latam Rates, Gov Bonds, Munis, Securitized Products, and Contingents.
• Proactive Risk Identification & Escalation:Be the first to identify and articulate key risks, innovative trades and products. Proactively elevate emerging risks, concentrated positions, and vulnerabilities stemming from stress scenarios or volatile market conditions.
• Shape Risk Frameworks:Critically evaluate and refine the appropriateness of our limits framework and associated controls to ensure robust risk governance.
• Spearhead Key Initiatives:Lead or significantly contribute to strategic projects across Rates and Credit, ensuring seamless implementation and effective global coordination.
• Enable New Business Growth:Partner with the Front Office to facilitate new business setups through the New Products Committee and by expertly managing non-standard transaction requests.
• Contribute to Policy and Governance:Play an active role in shaping local and Head Office Market Risk Committee support documents, influencing our risk culture and strategy.
• Collaborate with Stakeholders:Serve as a key liaison with internal audit, Head Office inspection teams, and diverse regulatory bodies (including the ECB, Federal Reserve, and NY State), driving the implementation of their recommendations.
• Innovate Risk Technology:Lead and implement enhancements to P&L and Risk processes and systems, leveraging cutting-edge tools like VBA, Python, and Power BI.
• Foster Cross-Functional Partnerships:Maintain clear, consistent, and proactive communication channels with the Front Office and Market Risk Management teams across both New York and Head Office.

• Bachelor’s degree in Finance, Economics, or a related quantitative field.
• Deep expertise in the risks inherent in rates trading, complemented by advanced knowledge in at least one other major asset class (FX or Credit).
• Proven hands-on experience with sophisticated pricing and valuation models.
• High proficiency in programming languages such as VBA, C#, SQL, and Python.
• Solid understanding and practical application of risk analysis tools and methodologies, including Stress Testing, VaR, and Expected Shortfall.
• Exceptional ability to manipulate, analyze, and synthesize complex data into clear, compelling narratives and strategic insights for diverse audiences, from team members to senior management.
• Sharp analytical acumen and a knack for creative problem-solving.
• A proactive mindset with the ability to excel both independently and collaboratively within dynamic team environments, consistently meeting ambitious deadlines.
• Outstanding communication skills, enabling effective interaction with all levels of management and employees.
• Demonstrated leadership potential: a desire to mentor, motivate, and proactively propose innovative improvements, taking ownership in consultation with…