Asset & Wealth Management, PWM, Global Risk Management Team, Associate - New York

Location: New York, NY, United States; office-based position.

Salary: $85,000–$160,000 per year, plus potential discretionary bonus.

Company

hirify.global’ Private Wealth Management business develops and manages customized investment strategies and wealth management services for high-net-worth individuals, families, family offices, and foundations.

What you will do

• Review client portfolios from a financial risk perspective, including portfolio construction, product performance, investment manager, and credit risks.
• Monitor portfolio performance, risk tolerance, suitability limits, margin-call exposures, and stress-testing limits using analytics and monitoring tools.
• Investigate, escalate, and communicate potential risk issues and limit breaches to internal risk forums and senior management.
• Contribute to portfolio reviews covering client portfolios and related credit exposures.
• Improve risk management methodologies, frameworks, and infrastructure.
• Work with the Strats team to develop risk analytics and reporting for internal and client use.

Requirements

• At least 2 years of experience in a financial organization, preferably in private wealth management, portfolio management, credit risk, or market risk.
• Knowledge of derivatives pricing and risk management, including structured products, options, and more exotic derivatives.
• Exposure to market risk analysis, including VaR and stress testing.
• Exposure to margin and collateral management systems; knowledge of US margin regulations is desirable.
• Strong analytical, communication, organizational, interpersonal, and judgment skills, with attention to detail and confidence working with senior management.

Culture & Benefits

• Exposure to senior managers and global PWM management teams across the US, EMEA, and Asia.
• Collaboration with Credit and Market Risk Officers, PWM Product Specialists, Private Wealth Advisors, and the Strats team.
• Competitive benefits and wellness offerings are generally available to eligible non-temporary full-time and part-time US employees working at least 20 hours per week.