Market Risk Manager

1 week ago

Dallas, Texas, United States Resiliency Full time
Job Description:

Resiliency's mission is to provide effective and efficient identification, measurement, monitoring, and control of market, liquidity, and stress testing related to the clearing and settlement processes for DTCC, its members, and the markets.

In addition, Resiliency provides critical governance and quality assurance capabilities for key risk functions that are designed to meet meticulous organizational and regulatory standards.

Resiliency works under delegated authority from the Board and senior management to manage these risks within defined risk tolerances, as approved by the Board and senior management.

Resiliency collaborates closely with Quantitative Risk Management and the Counterparty Credit Risk teams to maintain an integrated and comprehensive approach to financial risk management at client's to support an effective second line of defense.

Resiliency's prime directive for client's applicable clearing agencies and joint ventures consists of the following:

Maintain sufficient collateral to cover any losses associated with the liquidation of any defaulting member or family portfolio under extreme but plausible scenarios;
Ensure that sufficient liquidity resources are available so that each entity is able to settle all transactions as contracted in the event of a failure by the single largest member or family under extreme but plausible circumstances;
Exercise continuous improvement of policies, procedures, and processes that support robust, ongoing member surveillance and effective but appropriate response to distress events;
Manage Resiliency to maintain a deep and broad product knowledge and risk framework to effectively measure and manage market, liquidity, and credit risks.

Being a member of the Fixed Income Clearing Corporation (FICC), the Market Risk Manager for Resiliency is responsible for the monitoring of daily margin calculation and managing market and liquidity risk exposures arising from trade execution and settlement activities in the clearing corporations and the depository.

Responsibilities also include driving new business initiatives, leading all aspects of risk systems design and continuous improvements, compliance with Risk Management policies and procedures.

Responsible for understanding of margining methodologies, keen understanding of financial markets and client profiles, and effectively collaborate with other client's teams to identify, analyze, and mitigate potential risks and safeguard financial market in which the client plays a pivotal role.

Responsibilities:

Lead a team of market risk associates and analysts across global offices.
Review, evaluate, and sign off on a daily work and other deliverables to ensure quality, accuracy, and timeliness of work performed.
Proactively identify and evaluate change in member's market risk exposures, liquidity needs, and settlement obligations and provide solutions to mitigate exposures in timely manner.
Monitor market conditions and economic trends to anticipate potential risks and their potential impact on members' margin requirements.
Mitigate risk by ensuring adherence of the processes to the policies and procedures, identifying potential model, report errors, and demonstrating strong ethical behavior.
Manage issues arising from internal audits, regulatory exams, and risk assessment, collaborate with partners to develop and implement remediation plans.
Work on projects and process enhancements to effectively mitigate emerging risk in support of new and existing products.
Mitigates risk by following established procedures and monitoring controls, spotting key errors and demonstrating strong ethical behavior

  • Market Risk Manager

    5 days ago

    Dallas, Texas, United States KLM Careers Full time

    Job Title: Market Risk ManagerThe Market Risk Manager will play a critical role in Financial Risk and Governance (FR&G) by overseeing the identification, measurement, monitoring, and control of market and liquidity risks related to clearing and settlement processes. This individual will lead a team to ensure effective governance and quality assurance while...

  • Market Risk Manager

    1 hour ago

    Dallas, Texas, United States KLM Careers Full time

    Market Risk Manager Job DescriptionThe Market Risk Manager will play a critical role within Financial Risk and Governance (FR&G) by overseeing the identification, measurement, monitoring, and control of market and liquidity risks related to clearing and settlement processes. This individual will lead a team to ensure effective governance and quality...

  • Market Risk Manager

    7 days ago

    Dallas, Texas, United States Dtcc Full time

    Job Title: Market Risk ManagerJoin DTCC as a Market Risk Manager and play a critical role in ensuring the financial stability of our organization.About the RoleWe are seeking a highly skilled and experienced Market Risk Manager to join our team. As a Market Risk Manager, you will be responsible for monitoring and managing market and liquidity risk exposures...

  • Global Banking and Markets Risk Manager

    4 hours ago

    Dallas, Texas, United States Goldman Sachs Full time

    Job Title: Global Banking and Markets Risk ManagerAt Goldman Sachs, we are seeking a highly skilled Global Banking and Markets Risk Manager to join our team. As a key member of our risk management team, you will be responsible for overseeing the supervision of Operational Risk (across Sales, Trading, Banking, Engineering and Operations) for the Global...

  • Market Risk Specialist

    4 weeks ago

    Dallas, Texas, United States Goldman Sachs Full time

    About This RoleWe are seeking a highly skilled Market Risk Specialist to join our team at Goldman Sachs. As a key member of our Risk division, you will play a critical role in ensuring the firm's market risks are effectively managed and within our risk appetite.ResponsibilitiesContribute to the development and implementation of risk management strategies and...

  • Middle Market Risk Management Specialist

    3 weeks ago

    Dallas, Texas, United States Aon Full time

    Unlock Your Potential as a Mid-Market Risk Management ExpertAon is seeking a highly skilled and experienced Mid-Market Risk Management Specialist to join our Commercial Risk team in Dallas, TX. As a key member of our team, you will be responsible for delivering innovative and effective risk management solutions to our mid-market clients.Key...

  • Director of Underwriting and Risk Management

    3 weeks ago

    Dallas, Texas, United States Dallas Risk Management, LLC Full time

    Job SummaryWe are seeking a highly skilled and experienced Director of Underwriting to lead our underwriting team at Dallas Risk Management, LLC. As a key member of our leadership team, you will be responsible for developing and implementing underwriting strategies, managing the underwriting process, and collaborating with other departments to achieve our...

  • Middle Market Risk Management Specialist

    2 weeks ago

    Dallas, Texas, United States Aon Full time

    Job SummaryAon is seeking a highly skilled Commercial Risk Executive to join our Mid-Market team in Dallas, TX. As a key member of our team, you will be responsible for delivering innovative and effective risk management solutions to our clients.Key ResponsibilitiesProvide expertise and identify client needs to develop customized risk management...

  • Global Markets Remediation Risk Associate

    4 weeks ago

    Dallas, Texas, United States Goldman Sachs Full time

    About the RoleWe are seeking a highly motivated and detail-oriented Associate to join our Remediation Risk team in Global Markets Operating Risk. As a key member of our team, you will be responsible for overseeing remediation risk across global markets, working closely with senior divisional leadership, business, operations, engineering, and federation...

  • Global Banking and Markets Risk Specialist

    4 weeks ago

    Dallas, Texas, United States Goldman Sachs Full time

    Job Title: Global Banking and Markets Risk SpecialistAt Goldman Sachs, we are seeking a highly skilled Global Banking and Markets Risk Specialist to join our team. As a key member of our Sales and Trading Controls team, you will play a critical role in managing the supervisory framework for Global Banking and Markets Sales, Trading, and Strats...

  • Global Banking and Markets Risk Specialist

    4 weeks ago

    Dallas, Texas, United States Goldman Sachs Full time

    Job Title: Global Banking and Markets Risk SpecialistAt Goldman Sachs, we are seeking a highly skilled Global Banking and Markets Risk Specialist to join our team. As a key member of our Sales and Trading Controls team, you will play a critical role in managing the supervisory framework for Global Banking and Markets Sales, Trading, and Strats...

  • IT Risk Management Specialist

    4 weeks ago

    Dallas, Texas, United States Freddie Mac Full time

    Job Title: IT Risk SeniorAt Freddie Mac, you will play a critical role in building a better housing finance system and be part of a team that helps make homeownership and rental housing more accessible and affordable across the nation.Position Overview:The EO&T Risk Management team provides risk management support over EO&T at Freddie Mac. We work closely...

  • Risk Management Specialist

    3 weeks ago

    Dallas, Texas, United States Goldman Sachs Full time

    About This RoleWe are seeking a highly skilled Risk, Credit Risk, Structured Credit professional to join our team at Goldman Sachs. As a key member of our Risk Division, you will play a critical role in managing the firm's credit, market, liquidity, and operational risk.Key ResponsibilitiesEngage with deal teams to analyze financing transactions secured by...

  • Insurance Risk Manager

    7 days ago

    Dallas, Texas, United States Gallagher Full time

    About the RoleWe are seeking a highly skilled and motivated individual to join our team as an Insurance Risk Manager. As a key member of our team, you will be responsible for identifying and mitigating risks associated with our clients' businesses.Key ResponsibilitiesProspect for new business opportunities by building relationships with independent insurance...

  • Risk Management Specialist

    4 weeks ago

    Dallas, Texas, United States Goldman Sachs Full time

    Job Title: Risk EngineeringAbout the RoleRisk Engineering is a multidisciplinary group within the Risk Division of Goldman Sachs, responsible for modeling, producing, reviewing, interpreting, explaining, and communicating risk and capital metrics and analytics. The group ensures the firm's senior leadership, investors, and regulators have a complete view of...

  • Insurance Account Manager

    3 weeks ago

    Dallas, Texas, United States Novatae Risk Group Full time

    Job OverviewWe are seeking an experienced Assistant Account Executive to join our team at Novatae Risk Group. As a key member of our Dallas branch, you will be responsible for building and maintaining strong relationships with our clients, identifying potential risk issues, and developing new business opportunities.Key ResponsibilitiesManage a portfolio of...

  • Risk Management Analyst

    1 month ago

    Dallas, Texas, United States Goldman Sachs Full time

    About Goldman Sachs Asset & Wealth ManagementGoldman Sachs Asset & Wealth Management is a leading global investment manager with a long history of delivering innovative investment solutions to help clients meet their financial goals. Our team of experts works closely with clients across various industries to provide a diverse range of product solutions,...

  • Risk Management Specialist

    3 weeks ago

    Dallas, Texas, United States Gallagher Full time

    About the RoleWe are seeking a highly skilled and motivated individual to join our global brokerage team as an Account Executive. In this role, you will be responsible for managing a portfolio of clients and developing new business opportunities to drive growth and revenue.Key ResponsibilitiesManage a portfolio of clients to ensure their risk management...

  • Insurance Account Manager

    3 weeks ago

    Dallas, Texas, United States Novatae Risk Group Full time

    Job OverviewWe are seeking a highly skilled Insurance Account Manager to join our team at Novatae Risk Group. As an Insurance Account Manager, you will be responsible for overseeing a portfolio of clients, building strong relationships, and developing client accounts.Key ResponsibilitiesManage client service needs, including endorsement requests, proofs of...

  • Risk Management Specialist

    1 month ago

    Dallas, Texas, United States US035 Guy Carpenter and Company Llc Full time

    About the RoleWe are seeking a highly motivated and detail-oriented individual to join our team as a Risk Intern. As a Risk Intern, you will have the opportunity to work closely with our experienced professionals and contribute to the development of strategic recommendations and problem-solving solutions for our clients.Key ResponsibilitiesSupport account...