Poste et missions

The Market Risk Department provides independent oversight across the Americas Platform. The group is led by the Head of Market Risk Americas and covers Rates, Credit, Equity, Securities Financing, FX & Commodities Risk Management. The primary objective of this position is the traded and forward Risk monitoring of Structured Credit Markets (primary and secondary). This director-level role involves the identification, analysis and monitoring of the portfolio’s market risks exposures and working alongside the business, as the 2nd line of defense.

He/she/they will:

• Produce required daily market risk reports.
• Analyze, understand, and comment the variations of the different risk indicators on a daily basis, provide comments on main risk evolutions as well as any noticeable events on a weekly and monthly basis on the activities he/she is primarily covering.
• Ensure that all risks are well captured by the risk systems and models and understand key risks and stress scenarios.
• Review the appropriateness of limits framework and related controls
• Lead or participate to all projects related to Structured Credit and Real Estate Capital Market, ensuring timely implementation and global coordination.
• Respond to FO requests for new business set-ups via New Products committee or through instruction of non-standard transaction requests.
• Participate in helping to define local and HO Market Risk Committee support documents.
• Interface with internal audit, HO inspection, multiple bank regulators (ECB, Federal Reserve, NY State), and following up on their recommendation.
• Lead initiatives to enhance P&L/Risk processes and systems using VBA, Python, Power BI etc
• Maintain constant communication with the Front-Office and Market Risk Management both in NY and in Head Office.

Profil et compétences requises

• 
  Bachelor’s degree
• 10+ years working experience in the financial industry
• Strong knowledge of risks associated with credit trading as well as advances knowledge in at least one other asset class (Equity, FX, Rates, Commodities…).
• Good hands-on experience on pricing and valuation models.
• Proficiency in programming (VBA/C sharp/SQL/Python)
• Familiarity with risk analysis tools and methods such as Stress testing and VaR, Expected Shortfall
• Ability to manipulate, analyze, summarize and present comprehensive memos for team members and all levels of management.
• Strong analytic and problem-solving skills.
• Must be able to work both independently and collaboratively in group on ad-hoc projects and meet deadlines.
• Ability to communicate with all levels of management and employees.
• Ability to take on a leadership role on the team by bringing a positive, motivating energy, being pro-active in presenting ideas for improvements of current