Vice President, Market Risk Analytics Manager

Job DescriptionWedbush 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 disputesCalibrate risk systems and reporting for daily monitoring and management reporting packagesOversee and Manage Stress Testing and 1.73 liquidation reportsInspect 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 positionsBack up for daily approval of outgoing wires and ACHsManage and conduct reports on various Exchange Default Management SystemsPerform other tasks and duties as assigned and requiredExperience and SkillsBachelor's Degree from an accredited university, preferably in Business Administration or other related field5 years of experience in futures, FX, and fixed incomeStrong knowledge and experience in Power, Energy Futures, products and exchange requirements, standards, and best practicesExperience with exchange margin tools and ability to produce and analyze the margin requirements for various exchange margin platforms such as CME, ICE, Nodal, etcFamiliarity with options and understanding of option strategies; experience with energy products with limit setting for contracts, margin, risk and Globex credit limitsBackground in developing and maintaining risk policies, processes, procedures, and standardsMS Office skills required, SQL abilities to perform queries and knowledge of database infrastructure, as well as Tableau and other system, programming, and coding skillsAbility to manage across multiple competing priorities and time-sensitive initiativesStrong ability to work independently, delegate duties and develop team relationshipsExcellent written and verbal communication skillsWhat We OfferWhat Wedbush Offers YouAs part of the overall compensation package, Wedbush Securities (WS) offers an array of diverse benefits to our Colleagues. Comprehensive medical, dental, and vision coverage with multiple health plan optionsHealth Savings Account (HSA) with company-sponsored contributionsFlexible Spending Accounts (FSA) traditional and dependent carePre-Tax Commuter Benefits401(k) Plan : competitive discretionary company matching and profit-sharing contributionsTuition reimbursement ($5,250 max per year)Paid Vacation, Sick Time, Holidays, Volunteer Time OffPaid Leave : Parental Bonding, Jury Duty, Military, Disability, etc.FINRA and Professional License SponsorshipCharitable Donation Matching ContributionsTravel & Employee Assistance and Employee Discount ProgramsDiscretionary compensation based on the colleague's and the firm's performanceApplications 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 $125,000-$200,000.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  This position is subject to various  laws or regulations that impose restrictions or prohibitions for employment with Wedbush  due to criminal history .  Those laws or regulations include but are not li mited to, the following : Securities Exchange Act of 1934 (SEA) Rule 17a-3, et. seq , , Financial Industry Regulatory Authority ( FINRA ) Rule s 3110(e) , Rule 4530 (a), etc., and FINRA Regulatory Notice 07-55 .      Job Tracking ID :  512079-876723Job Location :  Chicago, IL Jersey City, Los AngelesJob Level :  AnyLevel of Education :  AnyJob Type :  Full-Time / RegularDate Updated :  08 / 13 / 2024Years of Experience :  AnyStarting Date :  ASAP

Salary : $125,000 - $200,000