Senior Market Risk Manager

Full time, permanent, #LI-Hybrid #LI-SD1

Connecting clients to markets – and talent to opportunity

With 4,300 employees and over 400,000 retail and institutional clients from more than 80 offices spread across five continents, we’re a Fortune-100, Nasdaq-listed provider, connecting clients to the global markets – focusing on innovation, human connection, and providing world-class products and services to all types of investors.

Whether you want to forge a career connecting our retail clients to potential trading opportunities, or ingrain yourself in the world of institutional investing, 

Institutional: Immerse yourself in the best-in-class institutional-grade technology, working alongside industry experts and gaining exposure to various asset classes, such as equities, options, fixed income securities, and advanced trading, research, and management technology.

Corporate: Engage in a deep variety of business-critical activities that keep our company running efficiently. From strategic marketing and financial management to human resources and operational oversight, you’ll have the opportunity to optimize processes and implement game-changing policies.

Position purpose:

This position will help support the institutional business expand it’s offering and help implement Risk procedures and policies around the business. 

Primary duties will include:

• Monitor Counterparty Credit Risk and Market Risk exposures originating from the Securities business area and taking action when necessary to protect the firm’s capital.
• Performing analysis of client and firm portfolios to ensure the underlying risk factors fit within the firm’s risk appetite levels.
• Responsible for communicating risk of positions to brokers, traders and/or customers and ensuring the risk of positions are within Risk appetite levels.
• Review and streamline workflows, identify potential risks and implement mitigation plans.
• Be the Market Risk lead on new business initiatives as the business continues to grow and implement appropriate Risk frameworks for the business.
• Update relevant documentation including internal Risk procedures as appropriate
• This list of duties and responsibilities is not intended to be all-inclusive and can be expanded to include other duties or responsibilities that management deems necessary.

To land this role you will need:

· Solid experience with good exposure to managing the risks related to a Securities Financing business (Equities and Fixed Income).

· Ability to build and maintain effective working relationships across all areas of the firm and communicate effectively across all levels.

· Good analytical and problem solving skills.

· Ability to work independently and take initiative when required whilst also working alongside a broader risk team.

· Strong organizational skills with an interest in working in a fast-paced environment, often balancing multiple high priority deliverables.

What makes you stand out:

· Strong IT skills to facilitate data analysis, competency using MS Excel, SQL or Python preferred.

· A practical understanding of market risk concepts such as VaR, sensitivities and stress testing.

· An understanding of margining rules under GMRA and GMLSA.

· Strong work ethic and emphasis on attention to detail.

Education:

Bachelor degree

Work environment:

Hybrid/ In- office