Market Risk Consultant - Securities Clearing

New York, NY, US • Posted 16 hours ago • Updated 16 hours ago
Contract W2
12 Months
No Travel Required
On-site
Depends on Experience
Fitment

Dice Job Match Score™

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Job Details

Skills

  • Analytical Skill
  • Market Risk
  • Microsoft Excel
  • Microsoft PowerPoint
  • SQL
  • Stress Testing
  • Securities
  • Trading
  • Research
  • Fixed Income
  • Cash Treasuries
  • Credit Risk
  • Risk Modeling

Summary

Client is launching a new Securities Clearing House, which will initially launch clearing services for cash treasuries as well as Bilateral Tri-party Repo. The candidate is responsible for daily monitoring of market risk and manage obligations in the event of a clearing member default.


The candidate performs in-depth research and analysis of market, credit, and trading data to identify risks, develop mitigation processes, and present findings to senior management. The candidate performs daily assessments of market conditions and acts as the first line of defense against systemic, idiosyncratic and counterparty-specific risks.


The role is also responsible for creating reports for internal governance committees, measuring key risks, and escalating issues as appropriate.

Key Responsibilities:

  • Liaise with market risk, financial surveillance, and other departments to familiarize others with counterparty credit, liquidity, and collateral risk profiles
  • Perform daily procedures to monitor risk to the clearinghouse, including credit and liquidity stress testing, and escalate findings as necessary
  • Demonstrate a strong understanding of applicable regulations at both domestic and international level as well as have a firm grasp of applicable rules in the clearinghouse''s rule book
  • Use technical skills, including knowledge of programming and financial mathematics, to maintain models
  • Assist in preparing responses to ad hoc regulatory requests

 

Skills and Software Requirements:

  • Knowledge of Fixed Income, Cash Treasuries, and Repo Markets
  • Experienced in Excel, PowerPoint and Word
  • Bloomberg
  • Familiarity with relational databases (MS SQL, Oracle) and SQL
  • Ability to manipulate large data sets
  • Strong analytical, quantitative, and organizational skills
  • Knowledge of financial analysis at an intermediate level
  • Excellent written and verbal communication skills
  • Capability to work independently as well as in a team setting
Employers have access to artificial intelligence language tools (“AI”) that help generate and enhance job descriptions and AI may have been used to create this description. The position description has been reviewed for accuracy and Dice believes it to correctly reflect the job opportunity.
  • Dice Id: 10174401
  • Position Id: 9025068
  • Posted 16 hours ago
Contact the job poster
Azaad Babu

Azaad Babu

Recruiter @ Informatic Technologies
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