Global Markets Risk Manager
About The Position
This job is responsible for the reporting, analysis, and monitoring applicable market related risks taken within a specific product area. Key responsibilities include analysis of model risk, analysis and reporting of market risk, distributing the market risk reports, and interfacing with the trading desk and other risk and support groups (i.e., Compliance, Finance, Operations, etc.). Global Markets Risk is seeking a highly analytical and motivated professional to join the team responsible for independent market risk oversight of the Global Mortgages & Securitized Products (GMSP) business. This role provides exposure to a broad range of mortgage and structured finance products, including RMBS, CMBS, ABS, securitized lending, and mortgage-related trading activities. Working closely with senior risk managers, traders, structurers, and business partners, the successful candidate will help assess portfolio risks, analyze market developments, and deliver insights that support effective risk management and informed business decisions. This is an excellent opportunity to develop deep expertise in structured products, gain exposure to complex transactions and market dynamics, and build a strong foundation in market risk management within a leading global markets platform.
Requirements
- Bachelor's degree in Finance, Economics, Mathematics, Engineering, Statistics, or a related quantitative field.
- 2-3 years of experience in Market Risk, Credit Risk, Capital Markets, Structured Finance, Trading Support, or a related function.
- Strong analytical and problem-solving skills with the ability to evaluate complex financial products and large datasets.
- Knowledge of fixed income, mortgage-backed securities, structured products, or securitized markets is preferred.
- Experience with Excel and data analysis tools; familiarity with Python, SQL, Tableau, or similar technologies is a plus.
- Strong written and verbal communication skills with the ability to clearly articulate risk concepts and analytical findings.
- Intellectual curiosity and a strong interest in financial markets.
- A proactive mindset and willingness to challenge assumptions through data-driven analysis.
- The ability to synthesize complex information into clear, actionable insights.
- Strong attention to detail and a collaborative approach to problem solving.
- A desire to develop expertise in a dynamic and complex businesses.
Nice To Haves
- familiarity with Python, SQL, Tableau, or similar technologies is a plus.
Responsibilities
- Identifies and monitors market risk exposure and develops mitigation strategies and resolutions in accordance with the bank's risk appetite and risk limits identified, as well as regulatory requirements, as applicable
- Manages risk requests, breach remediations and providing risk effective challenges for front line units
- Sets managing risk parameters and guardrails for market risk, while ensuring adherence to risk appetite and limits, and actively designing risk scenarios to implement decisions
- Develops market risk coverage plans, oversees execution of monitoring, testing and risk assessments, conducts analysis and develops market risk reporting for specific products and communicates changes to senior management
- Liaisons with businesses to understand market trends and impacts on portfolio, using knowledge of stress testing and its applicability to market risk
- Ensures adherence to the policies and procedures established by the company
- Support the independent oversight of market risks across the Global Mortgages & Securitized Products business.
- Analyze portfolio exposures, risk metrics, and market developments to identify emerging risks and concentrations.
- Review structured finance transactions, including ABS, RMBS, CMBS, mortgage loans, and securitized lending.
- Perform scenario analysis, stress testing, and other quantitative assessments to evaluate portfolio vulnerabilities and potential risk impacts.
- Monitor risk positions against established limits, escalating and investigating exceptions as appropriate.
- Prepare risk reporting and presentations for senior management, highlighting key portfolio trends and market developments.
- Partner with Trading, Structuring, Finance, Quantitative Analytics, and Technology teams to understand evolving business activities and associated risks.
- Support new product reviews, risk assessments, and strategic initiatives from a market risk perspective.
- Contribute to enhancements of risk reporting, analytics, and risk management infrastructure.
- Assist with regulatory requests, risk reviews, and other ad hoc analytical projects.
Benefits
- access to paid time off
- resources and support to our employees
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What This Job Offers
Job Type
Full-time
Career Level
Mid Level
