Title: VP US Rates Market Risk Manager
Office Status: Hybrid New York, NY
Base Salary: $125k $222.5k + Bonus
ABOUT THE ROLE This Vice President opportunity sits within the Market Risk Management function of a leading global financial institution, offering independent risk oversight and daily risk management coverage of the US Rates business across a broad range of sub-businesses including Repo, Treasuries, Swaps, Options, Exotics, RMBS, and Munis. The role combines hands-on daily risk monitoring P&L driver analysis, VaR and stress exposure oversight, and risk completeness review with a framework development mandate focused on improving stress testing methodologies, risk analytics, and governance processes. Sitting on the trading floor and coordinating directly with traders and business partners, this is the right seat for an experienced market risk professional with deep rates product knowledge who combines sharp analytical judgment with the communication skills to provide independent challenge and clear risk insight to senior stakeholders across the US Rates franchise.
RESPONSIBILITIES- Develop, implement, and maintain the risk control framework for the US Rates business across Repo, Treasuries, Swaps, Options, Inflation, RMBS, Munis, Affordable Housing Loans, and related products
- Perform daily monitoring of risk, stress, and Value-at-Risk exposures;ensure risk completeness and accuracy by closely monitoring and understanding P&L drivers on a daily basis
- Develop and implement new stress testing analyses to better quantify the range of risks the desk runs;keep abreast of latest market developments and assess their implications for desk positions and exposures
- Liaise directly with trading desks on exposures, new business initiatives, and market activity;drive risk management infrastructure development in partnership with Trading, Finance, Technology, and other control functions
- Ensure internal and external governance policies are effectively applied across the US Rates business;provide independent challenge and clear risk insight to senior stakeholders supporting informed decisions across the franchise
- Influence senior stakeholders across Trading, Finance, Technology, and control functions to deliver sound risk decisions;drive continuous improvement of risk frameworks, analytics, reporting, and governance processes
- Leverage AI tools and quantitative capabilities to enhance productivity, optimize risk workflows, and solve business problems while applying critical judgment to ensure responsible and ethical use of data and AI outputs
- Develop team capability through coaching, knowledge sharing, constructive challenge, and clear accountability