Market Risk Associate (Finance)

TL;DR

Market Risk Associate (Finance): Managing and mitigating market risk through portfolio analysis and risk limit calibration with an accent on equities and derivatives. Focus on conducting ad hoc stress tests, reviewing risk-taking activities, and communicating risk profiles to senior management.

Location: New York, NY, United States

Salary: USD 110,000 - 140,000

Company

A global leader in financial markets providing diverse financial experience and a broad perspective on global business operations.

What you will do

• Evaluate market risk behavior through portfolio and transaction level analysis.
• Calibrate and set risk limits to maintain the firm's risk appetite.
• Perform proactive ad hoc stress tests before significant market events.
• Review and challenge risk-taking activities in collaboration with traders and bankers.
• Monitor adherence to risk limits and escalate material risks to senior management.
• Manage the Market Risk approval process for new traded products.

Requirements

• Must be based in New York, NY, United States
• 3-5 years of industry experience in a relevant risk management role.
• Strong academic record in a quantitative STEM field (Bachelor's or Master's).
• Knowledge of market risk principles, metrics, and financial instruments, preferably Equities and Derivatives.
• Ability to communicate complex information directly with senior management.

Nice to have

• Coding skills.