girl looking into her desktop
Back to search results

Prime Brokerage Risk Sr. Manager

New York, New York

Job Description:

The Prime Brokerage Risk Sr Manager will be responsible for:

  • Providing second line risk oversight for business activities and risks arising in global Prime Brokerage/Listed Derivatives clearing businesses with focus on US based clients.

  • Ensuring the global risk framework and associated procedures are implemented and followed and that issues are swiftly identified and resolved or escalated as necessary

  • Significant involvement with strategic and development work as it relates to enhancing the margin methodologies, stress testing, risk analytics and intra-day risk management tools

  • Risk assessment and approval as required for new or material changes to margin financing and clearing arrangements

  • Employing counterparty credit information provided by Credit risk teams to appropriately calibrate margin terms and right size exposures

  • Stress testing client portfolios and providing oversight of limit utilizations where relevant

  • Working closely with the first line Risk function and business to understand and evaluate existing and evolving risks and challenging where appropriate

  • Developing strong relationships with key stakeholders across senior business management, origination and the various risk and credit functions

  • Active participant in the risk management forums, bringing and leading the agenda from a US perspective.

  • Understanding changes to market structure, regulation and best practice

Required:

  • 7-10yrs working in risk management function supporting Prime Brokerage and listed derivatives business.

  • Senior risk manager able to apply risk and control disciplines in an effective manner

  • Counterparty credit risk experience preferred as part of overall experience.

  • Technical understanding of the quantitative and qualitative risks impacting financing and clearing businesses is highly desirable

  • Cross asset product knowledge including derivatives valuation and risk modelling

  • Strong analytical skills and attention to detail

  • Intellectually curious and able to execute sound judgment to appropriately characterize and represent risk issues

  • Structured yet flexible approach, balanced and fair, able to make difficult decisions where necessary

  • Excellent communication and interpersonal skills, proven experience of collaborating and leveraging relationship


 

Job Band:

H4

Shift: 

1st shift (United States of America)

Hours Per Week:

40

Weekly Schedule:

Referral Bonus Amount:

0

Job Description:

The Prime Brokerage Risk Sr Manager will be responsible for:

  • Providing second line risk oversight for business activities and risks arising in global Prime Brokerage/Listed Derivatives clearing businesses with focus on US based clients.

  • Ensuring the global risk framework and associated procedures are implemented and followed and that issues are swiftly identified and resolved or escalated as necessary

  • Significant involvement with strategic and development work as it relates to enhancing the margin methodologies, stress testing, risk analytics and intra-day risk management tools

  • Risk assessment and approval as required for new or material changes to margin financing and clearing arrangements

  • Employing counterparty credit information provided by Credit risk teams to appropriately calibrate margin terms and right size exposures

  • Stress testing client portfolios and providing oversight of limit utilizations where relevant

  • Working closely with the first line Risk function and business to understand and evaluate existing and evolving risks and challenging where appropriate

  • Developing strong relationships with key stakeholders across senior business management, origination and the various risk and credit functions

  • Active participant in the risk management forums, bringing and leading the agenda from a US perspective.

  • Understanding changes to market structure, regulation and best practice

Required:

  • 7-10yrs working in risk management function supporting Prime Brokerage and listed derivatives business.

  • Senior risk manager able to apply risk and control disciplines in an effective manner

  • Counterparty credit risk experience preferred as part of overall experience.

  • Technical understanding of the quantitative and qualitative risks impacting financing and clearing businesses is highly desirable

  • Cross asset product knowledge including derivatives valuation and risk modelling

  • Strong analytical skills and attention to detail

  • Intellectually curious and able to execute sound judgment to appropriately characterize and represent risk issues

  • Structured yet flexible approach, balanced and fair, able to make difficult decisions where necessary

  • Excellent communication and interpersonal skills, proven experience of collaborating and leveraging relationship


 

Shift:

1st shift (United States of America)

Hours Per Week: 

40

Learn more about this role

Full time

JR-21036832

Band: H4

Manages People: No

Travel: Yes, 5% of the time

Manager:

Talent Acquisition Contact:

Pamela Salvato

Referral Bonus:

0

Street Address

Primary Location:
ONE BRYANT PARK, NY, New York, 10036