Enterprise Risk Management Associate (Multi-Asset)
About The Position
Jefferies is hiring an Enterprise Risk Management Associate to join its Enterprise Risk team in New York. The role reports to the US Head of Enterprise Risk and supports entity-level risk management across the United States, including executive- and board-level reporting. The Enterprise Risk team works across the firm to support stress testing, economic and internal risk-based capital models, capital adequacy assessment, portfolio risk analysis, risk frameworks, and risk taxonomy development. The associate will contribute to developing and maintaining economic capital models and entity-wide stress testing scenarios, and to assessing portfolio risk across business lines through enhanced firmwide reporting and metrics. The role also supports the maintenance and enhancement of the Group’s Risk Management, Country Risk, and Risk Appetite Frameworks, including risk appetite review, limit calibration, and the upkeep of risk policies and procedures. The position includes maintaining the Group Risk Taxonomy across financial and non-financial risks.
Requirements
- Educated to degree level.
- At least 2 years of experience in the financial services industry.
- Strong understanding of investment banking business models and risk management principles and frameworks across financial products, including fixed income and equity, both cash and derivatives.
- Experience developing, maintaining, and/or executing several areas such as stress testing and scenario analysis, economic capital models, portfolio risk management, capital planning, risk appetite calibration, or risk taxonomies.
- Understanding of US prudential regulatory requirements applicable to banks and investment firms.
- Good written, oral communication, and presentation skills.
- Analytical and numerate, comfortable managing financial data and management information, with strong Excel or coding skills.
- Team player who is comfortable in a dynamic and evolving environment.
- Ability to work independently and take responsibility for project deliverables.
Responsibilities
- Support entity-level risk management in the US, including executive- and board-level reporting.
- Support the development and maintenance of economic capital models, including internal risk-based capital, and the quarterly and annual capital adequacy assessment process.
- Support the development, maintenance, and analysis of entity-wide stress testing scenarios, including market risk, credit counterparty and settlement risk, business risk, and reverse stress testing.
- Support assessment of Group portfolio risk across business lines through enhanced top-down and firmwide reporting and key metrics.
- Support maintenance and enhancement of the Group’s Risk Management Framework, Country Risk Framework, and Risk Appetite Framework, including risk appetite review and limit calibration.
- Review and maintain risk policies and procedures.
- Develop and maintain the Group Risk Taxonomy across financial and non-financial risks.
Benefits
- Annual discretionary incentive and retention bonus.
- Medical, dental, and vision coverage.
- 401(k).
- Life, accident, and disability insurance.
- Wellness programs.
- Paid time off, including vacation, sick leave, and paid holidays.
- Paid parental leave for full-time employees.
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What This Job Offers
Job Type
Full-time
Career Level
Mid Level
