Market Risk Governance Specialist

2 weeks ago


New York, New York, United States Michael Page Full time
About the Role

We are seeking a highly skilled Market Risk Governance Specialist to join our team at Michael Page. As a key member of our risk management team, you will be responsible for maintaining the entity level Risk Governance under CFTC/NFA and FINRA Regulations.

Key Responsibilities
  • Maintain market risk governance framework across CUSO under FRB regulations.
  • Monitor the firm's compliance with the Volcker Rule.
  • Produce monthly analysis.
  • Assist the Group Head in coordinating the New Product Committee process for the Head of Risk Management.
  • Report updates and outstanding issues related to the New Product Committee.
  • Analyze the firm's Risk Tolerance Limits and Risk Appetite Framework and work with relevant departments to propose updates if needed, and secure approvals from Risk Committees.
Requirements
  • 5+ years of experience in risk governance or a closely related role.
  • Business fluency in English (Japanese is preferred).
  • Working knowledge of VBA, and Microsoft Office Suite.
  • Strong knowledge of derivatives and their key risks, particularly interest rate and FX products.
  • Familiarity with relevant risk concepts and related valuation concepts (e.g. VaR and stress-testing standards, counterparty exposure estimation, liquidity estimation, model assessment and validation, documentation and reporting approaches).
  • In-depth knowledge of U.S., non-U.S. and international banking laws and specifically Risk Management frameworks and regulatory requirements.
  • Expert knowledge of the Dodd Frank Act, CFTC Rule 23.600, the Volcker Rule, and Swap Dealer registration requirements.
What We Offer
  • Competitive salary and bonus package.


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