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

Job Description

July 31, 2022

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.

Job Requirements

  • 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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