BNP Paribas Securities Corp.
Job Title: Vice President, Prime Brokerage Risk Manager
Location: 787 Seventh Avenue, New York, NY 10019
Duties: Client communications (explain platform margin capabilities, work on client specific financing solutions). Daily client’s portfolio exposure management. Development and back-testing of margin methodologies. Design and implement client-friendly and internal margin reports. Design risk monitoring framework. Work with technology on implementation of front office risk system and platform enhancement. Report significant risk exposures to senior management. Monitor and analyze stress testing across clients and portfolios. *Telecommuting permitted 40%: work may be performed within normal commuting distance from the BNP Paribas Securities Corp. office in New York, NY.
SALARY: $193,003 - $250,000/ year
Work Schedule: 9am to 5pm, 40 hours a week. (Monday – Friday)
Job Requirements: Bachelor's degree (U.S. or Foreign Equivalent) in Finance, Economics, or related field and five (5) years of experience in financial markets and risk analytics OR Master's degree (U.S. or Foreign Equivalent) in Finance, Economics, or related field and three (3) years of experience in financial markets and risk analytics. Must have five (5) years of experience (or 3 with master’s) with the following: working in financial markets with financial products, market specificities (Equities, Fixed Income, Structured), and impact of economical/financial/political events on market trends; Risk analytics - Experience with various risk concepts including VaR, liquidity, concentration, and risk exposures of different asset classes including derivatives; limit, stress-testing, and portfolio exposure across asset classes; understanding of portfolio strategy, being able to analyze and identify key risks and sensitivities; clear and timely communication regarding key risks, significant risk profile change, exposure against limits, potential adverse stress scenario or noteworthy business request; and Risk systems, including positions' details and analysis, portfolio simulation, stress exposure, risk limits. Must have four (4) years of experience (or 3 with master’s) with deep understanding of different margin methodology approaches as applied to different asset classes.
BNP Paribas is committed to providing a work environment that fosters diversity, inclusion, and equal employment opportunity without regard to race, color, gender, age, creed, sex, religion, national origin, disability (physical or mental), marital status, citizenship, ancestry, sexual orientation, gender identity and gender expression, or any other legally protected status.
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