What are the responsibilities and job description for the Market Risk Senior Associate position at RF Hiring Solutions?
Proactively identify and evaluate change in member’s market risk exposures, liquidity needs and settlement obligations and provide solutions to mitigate exposures in timely manner.
Monitor market conditions and economic trends to anticipate potential risks and their potential impact on members’ margin requirements.
Mitigates risk by following established procedures, identifying and escalating emerging risks, and demonstrating strong ethical behavior.
Perform day-to-day functions contained in the procedures such as researching significant increases in margin requirements, tracking trading patterns of member firms, liquidity usage, etc.
Develop a strong understanding of clients’ business and risk profiles to serve as a point of contact for risk related support and inquiries.
Collaborates with cross functional teams including Counterparty Credit Risk, Liquidity Risk, Operations, Quantitative Risk, Relationship Management to bolster risk management practices.
Educate clients on risk management tools and initiatives.
Aligns risk and control processes into day-to-day responsibilities to monitor and mitigate risk; escalates appropriately
Must have:
- Equity product experience
- Understanding of market risk concepts
- Data analysis Technical Skills (SQL, Power BI, etc. )
- Good communication skills
Nice to have:
- Quantitative risk background or experience
- Financial market infrastructure knowledge (clearance and settlement, trade processing, etc.)
- Project Management skills
