What are the responsibilities and job description for the Assistant Vice President, Market Risk Analytics Manager position at Wedbush Securities?
Job Description
Wedbush Securities is one of the largest securities firms and investment banks in the nation. We provide innovative financial solutions through our Wealth Management, Capital Markets, Futures and Advanced Clearing & Prime Services divisions. Headquartered in Los Angeles, California with over 100 offices and more than 80 correspondent offices, our commitment to providing relentless, customized service is the foundation of our consistent growth.
Our Chicago office is hiring for an experienced Vice President, Market Risk Analytics Manager FICCS to join our Risk and Credit Group. The primary function of this role is to act as a Market Risk Analytics Manager focusing on futures, options on futures, FX, power products and Fixed Income. This position will be responsible for monitoring client trading in multi-asset classes and create risk monitoring reports. The role requires designing SQL queries and relational databases to carry out daily tasks and automate reports for the risk management department.
- Manage team that issues intraday / overnight calls and risk limit breaches to clients, while answering and investigating any inquiries or disputes
- Calibrate risk systems and reporting for daily monitoring and management reporting packages
- Oversee and Manage Stress Testing and 1.73 liquidation reports
- Inspect client performances by evaluating intraday / overnight profit & losses and stress tests to identify any potential dangers and present protective measures against price fluctuations of client positions
- Back up for daily approval of outgoing wires and ACHs
- Manage and conduct reports on various Exchange Default Management Systems
- Perform other tasks and duties as assigned and required
Experience and Skills
Job Benefits
What Wedbush Offers You
As part of the overall compensation package, Wedbush Securities (WS) offers an array of diverse benefits to our Colleagues.
Applications will be accepted until the position is filled. Decisions regarding compensation are determined on a case-by-case basis and are dependent on a variety of factors including but not limited to location; skill sets; experience and training; licensure and certifications; and other business and organizational needs. A reasonable estimate of the current hiring range is $110,000-$135,000.
At Wedbush, we recognize that a diverse and inclusive workforce drives innovation, results in higher Colleague satisfaction, fosters superior client service, and adds meaningful value for stakeholders. WS aims to foster a culture of inclusion where all Colleagues are valued for their unique contributions to the firm and provided equal opportunities to succeed.
Wedbush uses E-Verify, an Internet-based system, to confirm the eligibility of all newly hired employees to work in the United States. Learn more about E-Verify, including your rights and responsibilities here https : / / www.e-verify.gov / employees / e-verify-overview
Salary : $110,000 - $135,000
