We have partnered with a financial company in the New York, NY area to provide them with a Market Risk Management Officer. Please review the description below and let us know if you are interested.
Prioritized must haves for the Market Risk Management Officer:
#1. Advanced quantitative background with strong modeling skills and a master’s degree in a relevant discipline.
#2. Deep experience in market and liquidity risk management, including designing frameworks and conducting stress testing.
#3. Strong data management and reporting abilities, with proficiency in maintaining data repositories and producing standardized risk reports.
#4. Proven leadership capability to supervise teams and ensure high-quality execution of Treasury Administration tasks.
#5. Excellent communication skills to prepare and present risk and performance updates to management and Head Office.
Responsibilities for the Market Risk Management Officer:
Directs staff, develops strategy and controls execution of the Treasury Administration’s function. Recommends objectives, policies, and plans for the market and liquidity risk management. Develops ways to improve efficiency, effectiveness, and productivity.
Your Duties and Responsibilities:
- Supervises the Treasury Administration members.
- Design/maintain the data repository and design/maintain standardized reports.
- Supervises the tasks that are assigned to the Treasury Administration section of the Department. Provides feedback to the Head of the Department on the quality and accuracy of the work performed. Provide support for obtaining and analyzing data related to the credit portfolio and credit risk monitoring process.
- Develop and calibrate assumptions and methodology for the liquidity stress test and contingency funding plan test.
- Design risk management framework
- Develop risk management policies and procedures
- Prepare and present monthly status of Branch risk and performance to management and Head Office.
- Team with Business Continuity Management (“BCM”) to implement and maintain the BCM Program by ensuring the completion of business continuity deliverables for their department such as the regular review of the department Business Impact Analysis (“BIA”) and BCP, testing of BC Strategies, mitigation of identified resiliency risks, and promotion of Business Continuity awareness.
- Performs other duties and responsibilities as assigned by management.
Requirements for the Market Risk Management Officer:
- Masters degree or its equivalent in statistics or economics or in quantitative discipline.
- CFA/FRM candidate or charter holder desired.
- Proficient in Excel, Word, PowerPoint, Access.
- Modeling understanding and capabilities.
- Strong oral and written communication skills.
- Strong quantitative and computer skills.
Other Key Requirements:
- Hybrid work scheduled, at least 2 days in office per week.
- No sponsorships or visa holders. No Corp-to-Corp.
Benefits of the Market Risk Management Officer:
- Medical Insurance
- Dental Insurance
- Retirement Plans
