<p>JobID: 210623865</p> <p>Category: Market Risk</p> <p>JobSchedule: Full time</p> <p>Posted Date: 2025-05-19T13:00:00+00:00</p> <p>JobShift:</p> <p>Base Pay/Salary: New York,NY $160,000.00-$215,000.00</p> <p>DESCRIPTION:</p> <p>Duties: Monitor risk exposures and assess the factors that drive the profit and loss for the trading desks. Perform scenario analysis and full revaluation stress testing and conduct ad-hoc and regular risk analysis to assess the degree of risk concern for the various desk portfolios. Assess the market risk for upcoming potential desk trade opportunities by evaluating risk metrics and hedging strategy while being able to effectively accept or reject the trade via pre-trade governance guidelines. Highlight concentrated and concerning risk positions and effectively communicate these risks to both the trading desks and senior market risk management. Enforce market risk limits and ensure any breaches to limits are appropriately escalated and managed within a timely manner as per the market risk guidelines. Coordinate with various groups on projects related to risk methodology, stress, risk limits, Value at Risk, and risk infrastructure enhancements. Monitor the securitized products markets with a specific focus in commercial real estate sectors to be able to identify and highlight any market threats, weaknesses, or potential events that could impact the value of the desk's positions.</p> <p>QUALIFICATIONS:</p> <p>Minimum education and experience required: Master's degree in Quantitative Finance, Mathematics, Economics, Finance, Business, or related field of study plus 2 years of experience in the job offered or as Market Risk, Quantitative Analyst, Database Management, or related occupation. The employer will alternatively accept a Bachelor's degree in Quantitative Finance, Mathematics, Economics, Finance, Business, or related field of study plus 5 years of experience in the job offered or as Market Risk, Quantitative Analyst, Database Management, or related occupation.</p> <p>Skills Required: This position requires experience with the following: Fixed income products including commercial loans, residential loans, commercial mortgage backed securities, residential mortgage backed securities, asset backed securities, TBAs (To be Announced MBS), and credit default swap indexes; risk scenario analysis and full revaluation stress testing for conducting ad-hoc and regular risk analysis on desk positions and portfolios; calculation, quantification, and relevance of market risk Greeks including delta, gamma, vega, and theta; Value at Risk calculations and modelling; regulatory rules impacting financial market, including Volcker, FRTB, and Basel 3; Python coding; developing, testing, and deploying Python scripts for quantitative analysis, market risk models, and data processing; trading analysis tools including Intex and Bloomberg; Advanced Excel including VBA, Pivot tables, Index Match functions, and offset functions; CCAR reporting and stress process.</p> <p>Job Location: 383 Madison Avenue, New York, NY 10179</p> <p>Full-Time. Salary: $160,000 - $215,000 per year.</p>