Market Risk VP

2 months ago


Manhattan, United States Selby Jennings Full time

We're currently engaged with a few sell-side and buy-side firms in NYC seeking Market Risk Securitized Products coverage. A few Investment Banks are seeking analyst/associate level talent looking to progress into VP level mandates, and the buy-side firms are looking for 2-5-years' experience. These roles sit within 1st line teams, you will work closely with traders/portfolio managers and have significant responsibility in developing/enhancing methodologies for measuring risk within Securitized Products (Agency MBS - pools, TBAs), Rates hedging instruments (Swaps, Treasuries), and Residential Credit (Securities, Loans). If you currently work in market risk or investment risk covering Securitized Products and/or Residential Whole Loans, please apply in and we'd be happy to schedule a call to discuss open mandates

Essential Skillset:

  • 2-5 years of risk management experience and Fixed Income products
  • Working knowledge of Agency MBS trading, risk characteristics, Non-Agency RMBS (Residential credit securities and whole loans)
  • Experience working directly in a risk management function at a buy-side or sell-side financial institution
  • Expertise in PolyPaths, Bloomberg, or other Fixed Income analytics system
  • Must have unrestricted work authorization for employment in the U.S.

Basic Job Requirements:

  • Develop methodologies for measuring, analysis, and reporting of market, credit, and liquidity risk within Securitized Products (Agency MBS - pools & TBAs, Rates hedging instruments - swaps, treasuries, Residential Credit - securities, loans)
  • Quantitative analysis and production of analytics to support risk decision making - detailed position reviews, VaR, and portfolio stress testing
  • Monitoring and reporting of risks associated with the investment portfolio and hedging

Work with traders to analyze real-time trade and deal opportunities


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