VP, Front Office Risk Management - Securitized Products

Overview

We are seeking a highly analytical Vice President to join our Fixed Income Risk Management team to focus on our Securitized Products business. While this role sits within the market risk department, much of the candidate’s time will be focused on the firm’s ABS and CLO banking, structuring, and syndicating businesses. This requires in-depth understanding of the securitization process lifecycle, deep knowledge of structures and their underlying collateral, market clearing levels, and expertise with the various tools of the trade such as Intex Calc, Intex Dealmaker, and Bloomberg.

The ideal candidate will be able to perform end-to-end risk assessments of new deals/trades and present concise opinions to senior leadership in risk and the business. On-site counter party due diligence is sometimes required. Oversight of the firm’s Agency RMBS business is also within this role’s remit however deep product expertise in this space is not required. Understanding of Market Risk fundamentals such as the greeks, VaR, PnL Attribution, drawdown and macro stress testing is a plus.

This role is located on the trading floor near the business.

• Collaborate closely with trading and banking teams to understand risk-taking activities and ensure alignment with risk appetite.
• Conduct scenario analysis and deep dives into tail risks, liquidity risk, and model-driven risk exposures.
• Monitor and manage daily market risk exposures across all product types mentioned above.
• Contribute to the development and enhancement of risk metrics, limits, dashboards, and reporting tools.
• Participate in limit setting and risk governance processes, providing independent risk views and escalation when warranted.

• 7+ years of experience in market risk, trading, or structuring of securitized products at a top-tier financial institution.
• Strong understanding of securitized fixed income instruments: ABS, CLO, Non-Agency RMBS, and Agency RMBS
• Familiarity with risk measurement methodologies (e.g., VaR, sensitivities, stress testing) and familiarity with pricing/valuation models.
• Proficiency in Microsoft Office suite required.
• Experience with Bloomberg, and Intex required. Yieldbook, VBA, Python, SQL all favorable but not required.
• Bachelor’s or Master’s degree in a relevant field.
• Exceptional communication skills, with the ability to present complex concepts to senior leadership.

Primary Location Full Time Salary Range of $185,000 - $225,000.