Director - Market Risk Governance

A leading Investment Bank in NYC is looking to bring on a Director level candidate to support the broader Market Risk function in a governance capacity.This hire will be responsible for the organization and coordination of all risk activities and initiatives for the US, and directly support the US CRO. This person will have significant visibility to the firm, as they will be responsible for working directly with other Senior Risk Managers to enhance the current Market Risk Framework, as well as engage on projects relating to regulatory requirements, audit issues, and risk committee governance.Ideal candidates would have 8-10+ years of experience in a Market Risk or Risk Governance role, familiarity with Market Risk frameworks, Governance policy, regulatory standards from a Market Risk perspective, and previous experience working on risk committees and various projects for risk management.Responsibilities:Coordinate risk management activities for senior leadership and business leadersEscalate risk matters to the Head of Market Risk and the CROManage risk committee frameworks including engaging with other stakeholders to track action itemsWork with internal and external stakeholders on exam monitoring, fostering a positive relationship with internal audit and external regulatorsManage issues for Market Risk, including issues stemming from the audit process and regulators. Work with internal stakeholders to track remediation plansHelp enhance current Market Risk Governance framework and policiesQualifications:8-10+ YOE in a Market Risk or Risk Governance roleFamiliarity with various Market Risk metricstopics (VaR, XVA, Valuation Methodology, Derivatives Pricing, Stress Testing)Excellent communication skills and ability to work with senior stakeholdersKnowledge of regulatory requirements for Market RiskPrevious experience working as a Project ManagerLeader on various Market Risk initiativesExperience working directly with internal audit and external regulators from the FRB, NFA, etc.

Created: 2024-11-09