• Location: Northern New Jersey NJ
• Type: Perm
• Job #23510

Company Overview:
A leading financial services firm with a robust Prime Services business is seeking a Risk Manager to join their team. The role focuses on managing collateral, market, and operational risks associated with client portfolios.

Job Responsibilities:

• Analyze risk exposures using stress testing and scenario analyses for client trading.
• Daily monitoring of client portfolios and providing commentary on market risk positions.
• Interact with Prime Services Account Managers and Credit Risk to discuss margin changes and review new client prospects.
• Collaborate in developing a firm-wide Model Risk Management Framework.
• Monitor and analyze market trends and their impact on client portfolios.
• Conduct ad-hoc exposure analysis in response to changing market conditions.
• Coordinate with Technology and Product Development to enhance risk system capabilities.

Qualifications:

• Bachelor’s degree in finance or a STEM-based field.
• 5+ years of relevant risk management experience, preferably in Prime Brokerage or Institutional collateralized lending.
• Deep knowledge of financial markets and products.
• Solid understanding of risk management, including stress testing and scenario analyses.
• Useful programming skills preferred.
• Excellent knowledge of Excel, database queries, and analytical tools.