Tier 1 investment bank is looking to hire a senior trading floor based Equity Derivatives Market Risk Manager in New York
The market risk team is looking to hire a Senior Market Risk Manager, to be based on the trading floor, looking at equity derivatives - both vanilla and exotic. This role is a technical / quantitative market risk management opportunity. The risk manager will have direct involvement in developing junior members of the team and will be the first point of contact for all risk issues for the equities desk in the front office.
The group need the risk manager to analyse and give risk approval for large cash and derivative transactions, to drive risk management projects and to look strategically at developing the equity risk management function.
Candidate Requirements
• University degree with a quantitative subject. Postgraduate degree or relevant professional qualifications (eg CFA, FRM & CQF) preferable.
• Understand in detail the products and risks arising from the businesses under their control, how and where P/L is generated, and the details/implications of how their markets are evolving.
• Extensive knowledge of Equity products and has worked previously in either market risk, trading or research role.
• Extensive knowledge of pricing and risk management of a variety of Equity instruments, both Cash and Derivative, from practical experience.
• Knowledge of risk management methodologies (eg Stress Tests, VaR) and their strengths/weaknesses is beneficial.
• Strong systems skills, particularly Excel/VB
• Team player, enthusiastic, with strong communication and influencing skills

This opportunity will offer candidates an exceptionally diverse equity product exposure - in terms of region, products and type of risks encountered. On top of this candidates will have excellent exposure internally, which combined with the technical slant of this role, makes for an exceptional market risk management opportunity.
If you would like to apply for this position please send all applications to risk@selbyjennings.comm