Market Risk Specialist

ACT Group • New York, NY

6d • $120,000 - $160,000 • Onsite

About The Position

In essence, your role involves building, maintaining, and improving market risk reporting infrastructure and tools, including the automation and streamlining of existing processes. You will create market risk models, advise traders on pending deals, and develop market risk measurement methods while understanding process flows. Daily monitoring of market risk, stress, and Value at Risk (VaR) exposures against limits and risk appetite is crucial, along with remaining constantly aware of current market dynamics. You will manage market risk assessments for new product lines, working with traders to understand their markets. Additionally, you will create, update, present, and enforce market risk policies and procedures. This role requires processing and analyzing large data sets using SQL while maintaining and updating codebases to ensure performance and scalability, as well as performing stress testing and developing risk mitigation strategies.

Requirements

• Bachelor or Master of Finance, Economic, Statistics or Econometrics
• 5-7 years of experience in market risk within commodity trading or a leading financial institution
• Strong market analysis and financial assessment capabilities
• Experience with Python is essential
• Intellectually curious and able to demonstrate structures problem solving and analytical skills
• Confident communication (verbal and written) with stakeholder management

Responsibilities

• Build, maintain and improve market risk reporting infrastructure and tools, including the automation and streamlining of existing processes
• Create market risk models and advise traders on pending deals
• Develop market risk measurement methods and understand process flows
• Daily monitor of market risk, stress and Value at Risk (VaR) exposures against limits and risk appetite, while remaining constantly aware of current market dynamics
• Manage market risk assessments for new product lines, working with traders to understand their markets
• Create, update, present and enforce market risk policies and procedures
• Process and analyze large data sets using SQL while maintaining and updating codebases to ensure performance and scalability
• Perform stress testing and develop risk mitigation strategies

What This Job Offers

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