Risk Manger- Self Clearing Broker-Dealer

ACG Consulting Group LLC • New York, NY

4d

About The Position

This role is for a Risk Manager within a Self-Clearing Broker-Dealer. The position requires significant experience in calculating Daily OCC Margin Requirements, including activity from the Stock Loan Hedge program and options. A key responsibility includes performing the DTCC VAR calculation.

Requirements

• Significant experience in the calculation of the Daily OCC Margin Requirement based on activity on the Stock Loan Hedge program as well as options.
• Experience with the DTCC VAR calculation.
• Relevant experience in a Broker-Dealer Risk Department.
• University degree with a major in Risk Management or 3 years of related industry experience in Finance, Economics, Investment, or related disciplines.
• Knowledge in data processing, evaluation, and analysis of software or systems related to investment/markets/risk.
• Familiarity with financial markets and competence in handling tasks related to securities investment and risk management.
• Good team-work spirit, organizational, and coordination skills.

Responsibilities

• Monitor and highlight key credit risk issues to management.
• Assist in maintaining the risk management structure, system, and operational manual.
• Perform regular review of marginable counters and submit for approval.
• Prepare risk assessment and monitoring reports for management.
• Implement comprehensive risk management measures in accordance with company policies and procedures.
• Follow up with customers on margin call matters and liaise with the dealing team in portfolio liquidation to regularize accounts.
• Undertake ad-hoc projects as delegated.

What This Job Offers

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