Market Risk Associate

3-5 years of relevant experience in Risk Management (Market or Credit Risk), Portfolio Management, or Trading, with an emphasis within the Credit and/or Securitized Products sectors.
Bachelor’s degree from an accredited institution is required.
Knowledge of credit market dynamics, including cash, synthetics, and structured products, is preferred.
Prior experience working within a broker-dealer firm understanding trading practices.
Responsible for identifying, measuring, monitoring, and controlling financial risks within the risk governance framework (e.g., VaR and stress-testing standards, counterparty exposure estimation, documentation and reporting approaches).
Strong understanding of quantitative credit methodologies and credit analytics.
Preference for programming skills; proficiency in Python, SQL, and Excel.
Intellectual curiosity and desire to understand complex investments.
Excellent analytical, oral, and written communication skills.
Strong attention to detail and ability to deliver results.
Collaborative, organized, flexible and results-driven.

Monitor investment risks within trading inventory pursuant to the established risk framework.
Develop new analytical tools and techniques to identify and analyze risks and liquidity, and facilitate discussions on trade book hedging.
Utilize proprietary risk systems to monitor exposures, conduct stress testing (including generation of topical stress scenarios), and perform risk and performance attribution.
Conduct detailed reviews of portfolio risk and performance drivers, proactively highlighting areas of concern.
Collaborate with Analytics and Technology teams to develop, enhance, and deliver cutting-edge risk analytics and models.
Effectively communicate complex ideas to target audiences, including traders and executive management.

A Master’s degree in a quantitative discipline (e.g., mathematics, computer science, financial engineering, or econometrics) is preferred but not required.