Jefferies 2022 Risk Management Associate - Fixed Income, Market Risk, New York

Member of market risk management team for traded credit. Product scope to include Investment Grade, High Yield, Leveraged Loans, Distressed, Index and Credit E-Trading. The crux of the risk function is to understand and highlight key changes in risk and to implement a market risk framework. Great opportunity for growth.

• Engage with trading desks regarding market developments, trading strategies, positioning, risk profile change and limit usage.
• Communicate key risk changes, market activity and P/L drivers.
• Monitor market risks through the review of portfolio risk sensitivities, VaR, stress scenario analysis; as well as sector/single name analysis.
• Participate in deep dive analyses on products and/or trading strategies as warranted.
• Assess new products and propose frameworks for managing associated risks.
• Develop and implement appropriate stress scenarios.
• Perform projects involving coverage area.
• Actively participate in weekly risk meetings.
• Design/improve risk reports.
• Test/onboard new technologies as appropriate.
• Develop productive working relationships with colleagues from other global market risk teams, in addition to other support functions, including Middle Office, Operations, Compliance, Technology, and Product Control.

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• Excellent analytical and quantitative skills with strong attention to detail.
• Curiosity and self-motivation to develop expertise in financial products, markets, and risk management practices.
• Ability to communicate complex information clearly.
• Ability to multitask, work under pressure and prioritize tasks, meet deadlines.
• Team player who is also a resourceful self-starter.

Minimum Requirements:

• Master’s degree in Finance, Economics, Statistics, Mathematics, Computer Science, Financial Engineering, or Engineering.
• 1-3 years of relevant work experience, knowledge of market risk concepts such as VaR, stress testing, sensitivities, credit analysis.
• Proficiency in Excel, PowerPoint, VBA programming and SQL database queries.

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