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

Job Description

Deadline: 
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.

Responsibilities

  • 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.

Apply now

More job openings