Credit/Market Risk Manager New York Self-Clearing Broker Dealer - AJ Consultancy

We are seeking a talented and motivated Market/Credit Risk manager to join our team at a securities broker dealer. The Market/Credit Risk Manager will be responsible for monitoring and analyzing market risk exposure, ensuring compliance with regulatory requirements, and providing recommendations to senior management on risk management strategies.

- Conduct stress testing and scenario analysis to assess potential credit losses -

Develop and maintain credit risk models and methodologies -

Provide recommendations on credit risk mitigation strategies -

Collaborate with internal departments, such as trading, compliance, and legal, to ensure compliance with credit risk policies and procedures - Prepare and present credit risk reports to senior management -

Stay informed of industry best practices and regulatory requirements related to credit risk management

- Monitor and analyze market risk exposure across various asset classes, including equities, fixed income, and derivatives

- Conduct stress testing and scenario analysis to assess potential impacts on the firm's portfolio

- Develop and implement risk management strategies to mitigate market risk exposure, including the use of the most common measurements of risk, including but not limited to:

      standard deviation,

      sharp ratio, beta,

      value at risk (VAR),

      conditional value at risk (CVAR), and

      R-squared.

- Collaborate with traders, portfolio managers, and other stakeholders to understand trading strategies and potential risk exposures

- Prepare and present risk reports to senior management and regulatory authorities

- Stay up-to-date on market trends, regulatory changes, and industry best practices related to market risk management

- Ability to work independently and as part of a team in a fast-paced environment

If you are a proactive and analytical individual with a passion for market risk management, we want to hear from you. Join our team and help us protect and grow our firm's assets in a dynamic and challenging market environment.

Qualifications: - Bachelor's degree in finance, economics, or a related field - 3 years of experience in credit/market risk analysis, preferably within a securities broker dealer or financial institution - Strong analytical and problem-solving skills - Proficiency in financial modeling and risk management tools - Excellent communication and presentation skills - Ability to work independently and as part of a team - Knowledge of regulatory requirements related to credit risk management in the securities industry