Vice President, Market Risk Analytics Manager - Wedbush Securities

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

Keyword: Risk Management, Analysis, Credit, Advanced Excel, Bloomberg, Risk Metrics, Data Analysis, Data Analytics
Required Experience:

• Bachelor's Degree from an accredited university, preferably in Business Administration or other related field
• 5+ years of experience in futures, FX, and fixed income
• Strong knowledge and experience in Power, Energy Futures, products and exchange requirements, standards, and best practices
• Experience with exchange margin tools and ability to produce and analyze the margin requirements for various exchange margin platforms such as CME, ICE, Nodal, etc
• Familiarity with options and understanding of option strategies; experience with energy products with limit setting for contracts, margin, risk and Globex credit limits
• Background in developing and maintaining risk policies, processes, procedures, and standards
• MS Office skills required, SQL abilities to perform queries and knowledge of database infrastructure, as well as Tableau and other system, programming, and coding skills
• Ability to manage across multiple competing priorities and time-sensitive initiatives
• Strong ability to work independently, delegate duties and develop team relationships
• Excellent written and verbal communication skills

Benefits:

What Wedbush Offers You

As 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 options
• Health Savings Account (HSA) with company-sponsored contributions
• Flexible Spending Accounts (FSA) traditional and dependent care
• Pre-Tax Commuter Benefits
• 401(k) Plan: competitive discretionary company matching and profit-sharing contributions
• Tuition reimbursement ($5,250 max per year)
• Paid Vacation, Sick Time, Holidays, Volunteer Time Off
• Paid Leave: Parental Bonding, Jury Duty, Military, Disability, etc.
• FINRA and Professional License Sponsorship
• Charitable Donation Matching Contributions
• Travel & Employee Assistance and Employee Discount Programs
• Discretionary compensation based on the colleague's and the firm's performance

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 $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 https://www.e-verify.gov/employees/e-verify-overview

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 limited to, the following: Securities Exchange Act of 1934 (SEA) Rule 17a-3, et.seq,,Financial Industry Regulatory Authority (FINRA) Rules 3110(e),Rule 4530(a), etc.,and FINRA Regulatory Notice 07-55.

From: Wedbush Securities