Senior Market Risk Manager
Core
Independent measurement, monitoring, analysis, and oversight of market risk across equity derivatives trading activities.
Role type
Senior Market Risk Manager (Equity Derivatives)
Builds
Risk analytics, governance materials, regulatory reports, and model validation for equity derivatives portfolios.
Domain
Financial Services / Capital Markets / Market Risk
Deliverable
production ML models | dashboards & analysis
Required skills
Equity derivatives expertise, VaR and stress testing, model monitoring and back-testing, regulatory reporting, risk analytics, limit oversight, quantitative finance theory, Python/SQL/Excel proficiency, risk systems knowledge (Bloomberg, WSS, etc.)
Preferred skills
10+ years in market risk management, hands-on equity derivatives trading oversight, advanced quantitative modeling, model validation experience, regulatory capital requirements knowledge (Basel, FRTB, Volcker Rule)
Technologies
Python, SQL, VBA, Excel, Bloomberg, Wall Street Systems (WSS), Fidesa, Calypso, MSCI RiskMetrics
Responsibilities
Provide independent market risk oversight for equity derivatives portfolios; Review daily risk reports (VaR, Greeks, P&L) to identify material changes; Analyze key risk drivers (delta, gamma, vega, volatility surface); Support design and monitoring of risk measurement methodologies; Perform model monitoring and back-testing; Partner with front office and control functions to resolve data/model issues; Prepare risk commentary and governance materials for senior management and regulators; Support new product reviews and limit framework updates; Monitor compliance with risk appetite and regulatory requirements.
Seniority
Senior, hands-on IC