Description
A large investment bank based in midtown New York city with top market share in securitized products is looking for a Market Risk Associate to cover risk management for Agency MBS and CMO trading.The candidate will provide daily, weekly and monthly risk reporting support. The reporting activities include risk limits and utilization, inventory profile, inventory turn-over, VaR, stress tests and P&L attribution. The candidate will support daily maintenance of risk system and run configuration of new positions, reconcile and validate VaR and other risk capital numbers used for internal and regulatory reporting. Additionally, the candidate will perform ad-hoc risk analysis under supervision of senior risk managers. A successful candidate will learn risk management skills over time and become a market risk manager in the longer term.
An ideal candidate will have 3-5 years of professional experiences in the financial industry, preferably in market risk or risk reporting. Strong work ethics and desire to learn and excel are must have. The candidate should have solid technical capacity in Excel and Access database or similar systems as well as excellent communication and teamwork skills. A candidate with advanced degree in Science or Engineering (Masters or Ph.D) is preferred.
This is an Associate level role for those with 3 to 5 years experience. If you are interested please call Ciara at Huxley for further information.
To find out more about Huxley Associates please visit www.huxley.com