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Prime Brokerage Risk Manager

New York, New York

Job Description:

• 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 and Desired Qualifications:

• At least 5-10yrs working in risk management function supporting Prime Brokerage and listed derivatives business.
• 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:

H5

Shift: 

1st shift (United States of America)

Hours Per Week:

40

Weekly Schedule:

Referral Bonus Amount:

0

Job Description:

• 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 and Desired Qualifications:

• At least 5-10yrs working in risk management function supporting Prime Brokerage and listed derivatives business.
• 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-21043535

Band: H5

Manages People: No

Travel: Yes, 5% of the time

Manager:

Talent Acquisition Contact:

Taylor Pitre

Referral Bonus:

0

Street Address

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