Spread Products Market Risk Associate

Mizuho•New York, NY

6d•$95,000 - $115,000•Hybrid

About The Position

The Spread Products Market Risk Associate is responsible for the day-to-day monitoring and reporting of market risk limits for covered trading desks, ensuring compliance with the overall risk framework. The role focuses on understanding and explaining changes in risk metrics such as VaR, risk sensitivities, and stress testing results. It requires knowledge of financial products, analysis of market conditions, trading, and hedging patterns.

Requirements

2-5 years of experience in market risk management is preferred.
Direct experience with Spread Products market risk is preferred.
Master’s degree in a quantitative field is preferred.
Demonstrable strong quantitative, analytical and communication skills.
Strong attention to detail, self-learner, can develop creative solutions to new problems.
AI tools familiarity.
Ability to work under pressure with tight time schedules in a trading desk environment.

Responsibilities

Market Risk monitoring, analysis, and reporting.
Maintain strong controls around risk exposures in compliance with business policies and procedures, methodologies and trading mandates.
Work closely with traders covering Agency (MBS/TBAs/CMOs) and Non-Agency Securitized Products (ABS/CLO/RMBS/CMBS), Corporate Credit (IG/HY/EM Bonds/Lev Loans/CDS/CDX) and Municipal Products to ensure compliance with limits and risk appetite.
Produce market commentaries and analysis of portfolio changes for senior management, regulators, and auditors.
Work on projects to ensure market risk systems and risk reporting improvements.