Job DescriptionOur Chicago office is hiring for an experienced Vice President, Market Risk Analytics Manager FICCS to join our Risk and Credit Group. The primary function of this role is to act as a Market Risk Analytics Manager focusing on futures, options on futures, FX, power products and Fixed Income.
Responsibilities include, but are not limited to:- Monitor client trading across multi-asset classes and create risk monitoring reports
- Design SQL queries and relational databases to support daily tasks and automate reports
- Manage team that issues intraday/overnight calls and risk limit breaches to clients, while answering and investigating any inquiries or disputes
- Calibrate risk systems and reporting for daily monitoring and management reporting packages
- Oversee and Manage Stress Testing and 1.73 liquidation reports
- Inspect client performances by evaluating intraday/overnight profit & losses and stress tests to identify any potential dangers and present protective measures against price fluctuations of client positions
- Perform as back up for daily approval of outgoing wires and ACHs
- Manage and conduct reports on various Exchange Default Management Systems
- Perform other tasks and duties as assigned and required
Experience and Skills- Bachelor's Degree from an accredited university, preferably in Business Administration or other related field
- Minimum 3+ years of experience in futures, FX, and fixed income
- Strong knowledge and experience in Power, Energy Futures, products and exchange requirements, standards, and best practices
- Experience with exchange margin tools and ability to produce and analyze the margin requirements for various exchange margin platforms such as CME, ICE, Nodal, etc
- Familiarity with options and understanding of option strategies; experience with energy products with limit setting for contracts, margin, risk and Globex credit limits
- Background in developing and maintaining risk policies, processes, procedures, and standards
- Execute SQL queries and apply knowledge of database infrastructure, with experience using Tableau
- Ability to manage across multiple competing priorities and time-sensitive initiatives
- Strong ability to work independently, delegate duties and develop team relationships
- Excellent written and verbal communication skills
Job BenefitsAs part of our overall compensation package, Wedbush Securities offers an array of diverse benefits to all our colleagues. We believe that providing competitive benefit options yields the advantageous reward of establishing a healthy and inclusive foundational work culture.
- Comprehensive medical, dental, and vision coverage with multiple health plan options for you and your family
- Health Savings Account with company-sponsored contributions
- Flexible Spending Accounts (FSA) traditional and dependent care
- Pre-Tax Commuter Benefits
- 401(k) plan with discretionary, competitive company matching and profit-sharing contributions
- Tuition reimbursement up to $5,250/year
- 3 weeks of Paid Time Off
- 2 weeks of Paid Sick Time (may vary by location)
- 10 Paid Holidays
- Charitable Donation Matching Contributions
- Paid Leave (Parental Bonding, Military, Jury Duty, Volunteer Time Off, Disability, etc.)
- FINRA License Sponsorship
- Travel & Employee Assistance and Employee Discount Programs
The reasonable estimate of the compensation range for this role has not been adjusted for the applicable geographic location. A reasonable estimate of the current range is $110,000 to $135,000. Colleagues may be eligible for additional, discretionary incentive compensation based on the colleague's and the firm's performance. Decisions regarding compensation are determined on a case-by-case basis and are dependent on a variety of factors including but not limited to skill sets; experience and training; licensure and certifications; and other business and organizational needs.
