Job DescriptionWe are seeking a Vice President to manage market risk across our fixed income portfolio. As a key member of our Market Risk team, you will play a vital role in identifying, assessing, and mitigating risks. Your expertise will contribute to our firm's ability to make informed decisions and maintain a strong risk management framework.
Responsibilities- Monitor and analyze market risk exposures for a diverse fixed income product range, including Agency RMBS, CMBS, CRTs, and more.
- Partner with trading desks and senior risk leaders to identify emerging risks and develop effective mitigation strategies.
- Prepare and present clear market risk reports and analytics to senior management and risk committees.
- Ensure compliance with internal risk policies, limits, and regulatory requirements through independent oversight.
- Contribute to the enhancement of market risk frameworks, methodologies, and systems.
- Mentor junior Market Risk team members and support their professional growth.
- Collaborate with Trading, Finance, Operations, and Technology teams to strengthen risk management infrastructure.
- Build and maintain SQL-based tools for risk analytics and management reporting.
- Participate in stress testing, scenario analysis, and strategic risk initiatives.
- Stay updated on market trends and risk management best practices.
Qualifications- Bachelor's degree in Finance, Economics, Mathematics, or a related field.
- Advanced degree (MBA, MS, MFin) or CFA designation is preferred.
- 10+ years of market risk management experience, particularly in fixed income and structured products.
- Deep understanding of market risk concepts like VaR, interest rate risk, and stress testing.
- Extensive knowledge of fixed income and structured finance products.
- Experience with RiskMetrics or similar risk management systems and Bloomberg is an asset.
- Advanced SQL proficiency for data analysis and tool development.
- Excellent communication skills to convey complex risk concepts to stakeholders.
- Ability to collaborate effectively across business lines and influence decision-making.
- Strong attention to detail and sound judgment in a fast-paced environment.
Salary: $150,000 - $175,000 plus Bonus
The actual base salary will be determined on an individualized basis considering a wide range of factors including, but not limited to, relevant skills, experience, education, and, where applicable, licenses or certifications held. In addition to base salary and a competitive benefits package (including health, vision, and dental insurance, paid time off, and a 401(k) retirement plan), this position may be eligible for additional forms of compensation, including discretionary bonuses and other short- and long-term incentives (e.g., deferred cash, equity, etc.).
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