Securities Finance Risk Manager, AVP

You will be part of the Counterparty Credit Risk team within Enterprise Risk Management’s Financial Risk organization, responsible for oversight of Global Markets Securities Finance/Repo-Style Transactions.  A  self-motivated individual with a strong technical aptitude will be involved in the development, implementation, and validation of methodologies covering a broad range of asset classes to oversee counterparty and collateral exposures inherent to the agency lending and principal businesses. Types of monitoring and reporting include qualitative risk analysis and commentary, trend analysis, key risk metrics, and overall risk assessments relevant to the Securities Finance business.

Additionally, the candidate will contribute to the establishment and maintenance of best practices and governance policies pertaining to practices with respect to risk oversight, report compilation, data integrity, and exception management. Ideal candidates will have strong analytical aptitude and attention to detail; be able to investigate and resolve complex data issues; thrive in a team environment; strong SQL and data mining skills; and basic knowledge of the Capital Markets and collateral management.

Key Job Functions

• Assist in the development and roll-out of risk management framework for securities finance businesses
• Work with business to develop risk infrastructures to support the business as it develops any product extensions
• Work with all key stakeholders to ensure a robust and timely management for end-of-day risk
• Work with front office/front office risk to develop meaningful, tangible risk metrics
• Monitor client portfolios to ensure adequacy of firm protections given clients’ risk profile

Qualifications

• 4+ years of experience in a capital markets environment, having exposure to market risk, counterparty risk, collateral management or trading
• Experience in the financial analysis/quants or risk analytics dealing with security modelling, market data, pricing and risk methodology
• Experience with a broad spectrum of fixed income products, financial quantitative techniques, and stochastic financial modelling
• Be able to identify problems and limitations, propose solutions or proactively address them directly
• Be able to provide prototype implementations and work closely with IT and other groups
• Be able to write clear and precise technical documentation describing processes and risk methodologies
• Hold a graduate degree in a quantitative science, physics, mathematics, quantitative finance
• Strong programming skill with Matlab, C++, Python,  and/or VBA; familiar with statistics software or third-party software such as RiskMetrics is a plus
• Professional certifications (e.g., CFA, FRM) is desirable
• Strong verbal, written communication and interpersonal skills that promote effective working relationships in a team-oriented environment

Salary Range:

$90,000 - $142,500 Annual

The range quoted above applies to the role in the primary location specified. If the candidate would ultimately work outside of the primary location above, the applicable range could differ.

Job Application Disclosure:

It is unlawful in Massachusetts to require or administer a lie detector test as a condition of employment or continued employment. An employer who violates this law shall be subject to criminal penalties and civil liability.

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