Global Banking & Markets, Market Risk Team, Vice President - New York

Our core value is building strong relationships with our institutional clients, which include corporations, financial service providers, and fund managers. We help them buy and sell financial products on exchanges around the world, raise funding, and manage risk. This is a dynamic, entrepreneurial team with a passion for the markets, with individuals who thrive in fast-paced, changing environments and are energized by a bustling trading floor

The first line of defense Market Risk Team within Global Banking & Markets facilitates effective prudent risk management and regulatory compliance for the Firm's market risks. The team operates as a central risk stakeholder who engages directly with businesses to support risk management and analysis, transparency and escalation of risk, supervision, and overall process improvement.

• Evaluate risk taking behavior and influence outcomes through portfolio and transaction level risk analysis taking into consideration risk appetite
• Ongoing review of risk measures (VaR, greeks, stress tests) and interaction with 1st line risk takers
• Collaboration with Engineering colleagues on the development of new risk measures / stress tests and improvements to existing measures
• Proactive identification of emerging risks (e.g. basis risks, crowded trades)
• Connect events (e.g. macroeconomic data releases, political elections) to potential vulnerabilities
• Dissemination of information and education of stakeholders through effective and timely communication and collaboration
• Communication with senior management and regulators

• Seven to ten years' experience in market risk management or similar role with transferable skills
• Strong academic record with Bachelor's degree, equivalent or above in Finance, Mathematics or a related quantitative/analytical discipline preferred
• Deep understanding of market risk measures, concepts, and regulatory rules: VaR, stress testing, greeks, Volcker rule, CCAR
• Proven problem solving ability and risk & control mindset
• Strong analytical and quantitative skills as well as written and verbal communication skills
• Ability to work flexibly in teams and manage a varied workload to meet deadlines
• Strong organizational skills and the ability to manage multiple assignments concurrently
• Able to analyze and challenge risk taking activities while engaging effectively with second line of defense
• Desire and ability to collaborate with people from different departments and levels of seniority
• Desire and ability to communicate complex information and concepts in layperson terms directly with senior management (both written and verbally)