Risk Manger- Self Clearing Broker-Dealer
$150,000–$200,000 year
On-site · New York City, New York, United States
Job Summary
Risk Manager for a Self Clearing Broker-Dealer responsible for calculating the Daily OCC Margin Requirement for Stock Loan Hedge and options, and the DTCC VAR calculation. Responsibilities include monitoring and highlighting key credit risk issues, maintaining the risk management structure and manuals, reviewing marginable counters, preparing risk assessment and monitoring reports, implementing comprehensive risk measures in line with policies, and following up on margin calls with the dealing team to liquidate portfolios and regularize accounts. Ad-hoc risk projects and collaboration with the team are expected.
Required Qualifications
- University degree with major in Risk Management or 3 years related industry experience
- Relevant experience in Broker-Dealer Risk Department
- Knowledge in data processing, evaluation and analysis of software or systems towards investment/ markets/ risk
- Familiar with financial markets and be competent in handling tasks related to securities investment and risk management
- Good team-work spirit, organizational and coordination skills
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