Vice President, Data Management & Quantitative Analysis
About The Position
We’re seeking a future team member for the role of Vice President, First Line Exposure Optimization to join our First Line Risk team in Markets. This role is located in New York, NY. In this role, you’ll make an impact by joining the First Line Exposure Optimization Team with focus on the Securities Finance (Equities and Fixed Income) Businesses. You will monitor and manage the Securities Finance financial risks in partnership with 2nd Line Risk, and help expand the various house margins/haircut methodologies built in coordination with 2nd Line Risk. You will assess the risk and reward of the existing portfolio and analyze new business opportunities, enhance client exposure monitoring reports, and streamline new business/terms approvals (margin, limit & bespoke agreements). You will improve the non-Standard collateral limit framework/process within the principal business and help source the collateral at right margins to minimize risk. You will optimize financial resources within the Securities Finance business (CCAR optimization, Stress testing and other Risk/Capital constraints). You will continue to improve risk monitoring/margining capabilities. The First Line Risk team works in partnership with Credit, Market and Liquidity Risk to design and implement limit monitoring & client monitoring tools. You will automate recurring management reporting and monitoring of intraday activities, and support implementation of AI-enabled workflows. You will help coordinate and manage relevant counterparty “Fire drill” with the various firm stakeholders, and spearhead reporting to senior management ad-hoc exposure and counterparty summaries during times of market volatility.
Requirements
- Bachelor’s degree of a quantitative discipline (Finance, Math, Science/Engineering or Quantitative Finance) or equivalent
- Experience in Prime Brokerage risk, Repo risk or other client facing, first line risk functions.
- Subject matter expertise, risk challenge, and analytics expertise.
- Strong communication and analytical skills
- Ability to appropriately interact with senior management, and other lines of businesses.
- Ability to back-test and perform quantitative analysis is important for the role.
- Market Risk Experience in FICC products; Credit Risk understanding a plus
Nice To Haves
- 6 years of total work experience (preferred)
Responsibilities
- Join the First Line Exposure Optimization Team with focus on the Securities Finance (Equities and Fixed Income) Businesses.
- Monitor and manage the Securities Finance financial risks in partnership with 2nd Line Risk.
- Help expand the various house margins/ haircut methodologies built in coordination with 2nd Line Risk.
- Assess the risk and reward of the existing portfolio and analyze new business opportunities.
- Enhance client exposure monitoring reports, streamline new business/terms approvals (margin, limit & bespoke agreements).
- Improve the non-Standard collateral limit framework/process within the principal business and help source the collateral at right margins to minimize risk.
- Optimize financial resources within the Securities Finance business (CCAR optimization, Stress testing and other Risk/Capital constraints).
- Continue to improve risk monitoring/margining capabilities.
- Automate recurring management reporting and monitoring of intraday activities.
- Support implementation of AI-enabled workflows.
- Help coordinate and manage relevant counterparty “Fire drill” with the various firm stakeholders.
- Spearhead reporting to senior management ad-hoc exposure and counterparty summaries during times of market volatility.
Benefits
- Generous paid leaves, including paid volunteer time
- 401(k) plan
- Company-sponsored medical, dental, vision, and basic life insurance plans
- Vacation and sick time
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What This Job Offers
Job Type
Full-time
Career Level
Executive
