What are the responsibilities and job description for the Associate, Market Risk position at Madison-Davis, LLC?
Office Status: Hybrid
Salary: $95,000 to $150,000
Responsibilities:
- The individual’s primary job responsibilities are to drive market risk planning initiatives across CUSO. The individual is expected to appropriately escalate risk-related matters in a timely manner.
- Facilitation of Cross Regional Market Risk Projects including Head Office Communication
- Assists in the communication with Head Office to build up the consistent market risk governance framework.
- Assists in performing annual/quarterly/monthly risk governance requirements including risk limit review and assessment, etc. as required by policy/rules.
- Administer by overseeing all the front office and other risk stripes groups in terms of market risks and seek approval of various risk related limits and reports to all relevant regulators
- Helps to drive forward the effective collaboration for global financial regulation and share the relevant information comprehensively.
- Strong ownership on various risk related initiatives. Able to work well across functions, ascertain and capture multiple points of view; render information so that it is actionable, and prompt follow up.
- Good foundational understanding of derivatives and knowledge of risk management framework (e.g. Regulatory Capital, VaR and stress-testing standards, counterparty exposure estimation, documentation and reporting approaches)
- Excellent written and verbal communication skills and ability to translate these skills to capture content rich issues and drive complex initiatives; masterful in PowerPoint at distilling, rendering and visualizing complex issues in an accessible
Salary : $95,000 - $150,000
