Market Risk Associate

DTCC • Coppell, TX

4d • Hybrid

About The Position

Market Risk is a key driver of new business initiatives, with additional responsibilities overseeing risk systems design and continuous improvements, and ensuring compliance with Risk Management policies and procedures. Market Risk for Fixed Income Clearing Corporation (FICC) is responsible for the monitoring of daily margin calculations and managing market and liquidity risk exposures arising from trade execution and settlement activities. Team members are responsible for understanding margining methodologies, maintaining a keen understanding of financial markets and client profiles, and effectively collaborating with other DTCC teams to identify, analyze, and mitigate potential risks and safeguard the financial market in which DTCC plays a pivotal role.

Requirements

• Minimum of 4 years of related experience
• Bachelor's degree preferred or equivalent experience
• Fosters a culture where integrity and transparency are expected.
• Stays current on changes in their own specialist area and seeks out learning opportunities to ensure knowledge is up-to-date.
• Collaborates well within and across teams.
• Communicates openly with team members and others.
• Resolves disagreements between colleagues effectively, minimizing the impact on the wider team.

Responsibilities

• Perform day to day functions contained in the procedures such as researching significant increases in margin requirements, supervising trading patterns of member firms, liquidity usage, etc.
• Develop a strong understanding of clients’ business and risk profiles to serve as a point of contact for risk related support and inquiries.
• Mitigates risk by following established procedures, identifying and advancing emerging risks, and demonstrating strong ethical behavior.
• Collaborates with cross functional teams including Counterparty Credit Risk, Liquidity Risk, Operations, Quantitative Risk, Relationship Management to bolster risk management practices.
• Educate clients on risk management tools and initiatives.
• Aligns risk and control processes into day to day responsibilities to supervise and mitigate risk; advances appropriately

Benefits

• Comprehensive health and life insurance and well-being benefits, based on location
• Pension / Retirement benefits
• Paid Time Off and Personal/Family Care, and other leaves of absence when needed to support your physical, financial, and emotional well-being.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level