Risk Officer - Market & Liquidity risk
Risk Officer – Market and Liquidity risk (SG Americas Securities, LLC, New York, NY)
Produce detailed analysis on some activities in light of market events or emerging risks. Work jointly with RISQ teams to calibrate the market risk limits and improve the methodologies when required. Support the team in the production of reports, memos and slides for the management meetings attended by RSR such as the Market Risk Committee and the US Risk Committee. Contribute to Issues Management process and Proxy booking inventory. Monitor market and counterpart risk for the front office and ensure traders give timely and proper justifications on all breaches in Colibris. Analyze and understand new transactions in order to explain them to senior management (CRO, Head of Trading, Head of Global Market) and seek approval. Collect all necessary information and conduct comprehensive analysis in order to challenge and assess the accuracy and importance of data for business cases to be prepared. Draft memoranda to be submitted to the RiskCo conveying all relevant information and key messages in a clear, concise and well-structured manner, which will be used as an essential tool for decision making. Follow-up with the relevant stakeholders on the RiskCo’s decisions and underlying actions. Use strong communication skills (verbal and written) to conduct the continuous monitoring of business needs and priorities through regular discussions with the business lines and follow-up with relevant business committees, proactively proposing submissions to the RiskCo. Help front office ensure a smooth deal validation process and navigate around MARK management, RISQ, and other stakeholders. Track all the deals which require validation in a pipeline file for MARK. Use bank pricing tools (XOne and marx) to price Cross Valuation Adjustment (XVA) fees on behalf of traders. Act as a backup on liquidity risk monitoring, and more specifically on Early Warning Indicators and potential limit increase requests. Follow-up the scarce resources utilization and associated costs at the business line and desk level. Perform business profitability analysis to support adequate allocation of scarce resources (including RWA (Risk Weighted Assets), LR (Leverage Ratio), NSFR (Net Stable Funding Ratio), LCR (Liquidity Coverage Ratio) and SLG (Stressed Liquidity Gap)) between the various business lines and desks. Telecommuting permitted up to 2 days per week. When not telecommuting, must report to SG Americas Securities, LLC, 245 Park Ave., New York, NY 10067. Salary: $157,581 - $225,000 per year.
MINIMUM REQUIREMENTS: Master’s degree or U.S. equivalent in Finance, Financial Engineering, or related field, plus 3 years of professional experience as a Risk Officer, Financial Engineer or any occupation/job title/position in the financial services industry within capital markets.
Must also have the following special skills: 3 years of professional experience using Microsoft Office applications (including Word, Excel, and Power Point); 3 years of professional experience performing complex data analysis; 3 years of professional experience interacting with trading, Finance teams, IT and market operators; 3 years of professional experience working with financial products (including Equity derivatives, Fixed income derivatives, Asset backed securities, Mortgage-backed securities, Credit derivatives or Exotic options); 3 years of professional experience utilizing Xone, Marx and XVA platform; 3 years of professional experience using pricing tools to calculate XVA (Cross Valuation adjustments); 2 years of professional experience analyzing and communicating market risk in capital markets, credit or fixed income; 1 year of professional experience facilitating financial transactions; 1 year of professional experience analyzing market risk (including equity); 1 year of professional experience in producing and reading reports regarding positions, risk, and risk/rewards; 1 year of professional experience performing risk analysis and modelling by using programming languages (including Python or Visual Basic for applications (VBA)); 1 year of professional experience reviewing and analyzing data and risk models, risk parameters, and prioritizing between pricing factors; 1 year of professional experience researching and analyzing financial impact of decisions; and 1 year of professional experience using VBA and Bloomberg tools to process information and data to produce reports.
CONTACT: Please email resume to: us-humn-recruitment@sgcib.com Must specify AdCode FLCK in the subject line.