> Continuously monitor the financial markets and measure the risk impact of a IR/FX/EM non-linear portfolio, including analyzing complex trades and trading strategies and assessing material weaknesses or overlooked risks and hedging strategies. Monitor market risks through the review of portfolio risk sensitivities, Value-at-risk (VaR), stress scenario analysis and limit management. > Facilitate discussion and encourage independent challenge of traders, trading management and strategists. > Understand P&L; drivers and construct any necessary tools to facilitate risk and P&L; analysis. > Participate in the formal new product approval process > Contribute to the assessment of the suitability and performance of pricing and risk models. Work with relevant groups to address material deficiencies > Continuously review limit and reporting framework to ensure appropriateness in light of new trades, business strategy, new product risk factors and market conditions > Development of risk methodologies, tools and involvement in system improvement working closely with traders, quantitative analysts, IT and other groups within the Firm > Utilize and enhance comprehensive stress tests that highlight key risks and participate in regular signoff of risk submissions to regulators and senior management. > Communicate key risks to senior management on a regular basis, including creation of presentations articulating key risks and portfolio changes, escalate emerging or developing risks as necessary > Liaise with and develop effective & constructive working relationships with a diverse set of stakeholders including Sales and Trading, Business Unit Risk Management, Desk Strategists, Finance, Technology and Operations and other groups within Firm Risk Management > Manage, mentor, train and develop a team of junior risk managers Experience > Candidate must have a bachelor's degree at a minimum and 5-8 years of market risk experience, quantitative background preferred. > Experience in Rates and/or FX derivatives is required. Product knowledge of interest rates and/or FX is preferred. > Understanding of risk management concepts such as VaR, stress testing, scenario analysis and capital calculations. > Strong attention to detail, ability to handle multiple priorities and operate autonomously while still being able to escalate appropriately and without compromising on quality. > Highly developed interpersonal and communication skills to prepare and present key risks and complex proposals to a variety of audiences. > Technological proficiency in Excel, SQL and Python Our values - putting clients first, doing the right thing, leading with exceptional ideas, committing to diversity and inclusion, and giving back - aren't just beliefs, they guide the decisions we make every day to do what's best for our clients, communities and more than 80,000 employees in 1,200 offices across 42 countries. Our teams are relentless collaborators and creative thinkers, fueled by their diverse backgrounds and experiences. We are proud to support our employees and their families at every point along their work-life journey, offering some of the most attractive and comprehensive employee benefits and perks in the industry. There's also ample opportunity to move about the business for those who show passion and grit in their work. Expected base pay rates for the role will be between $120,000 and $200,000 year at the commencement of employment. Consequently, our recruiting efforts reflect our desire to attract and retain the best and brightest from all talent pools. We want to be the first choice for prospective employees. It is the policy of the Firm to ensure equal employment opportunity without discrimination or harassment on the basis of race, color, religion, creed, age, sex, sex stereotype, gender, gender identity or expression, transgender, sexual orientation, national origin, citizenship, disability, marital and civil partnership/union status, pregnancy, veteran or military service status, genetic information, or any other characteristic protected by law.
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