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VP, FX Desk: Risk Management Specialist

  • New York, NY
  • Full Time

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Office Status: Hybrid

Salary: $147,000 – $170,000

Responsibilities:

  • Oversees the FX desk including options risk management.
  • Develops, implements, and maintains risk management tools for FX options.
  • Ensures the effectiveness of the FX options hedging strategies.
  • Analyze key trading strategies and products to ensure they are in line risk tolerance.
  • Conducts scenario analyses and stress testing on FX options portfolio.
  • Monitor changes in portfolio and market to extract value-added insight for senior management.
  • Assesses material weaknesses or overlooked risks and understanding PnL driver.
  • Review significant transactions to help facilitate business and ensure proper risk controls.
  • Involvement in the development of risk methodologies, tools and system improvements, ensuring models and methodologies are fit for purpose.
  • Helps implementing an adequate internal control framework to drive constant improvements as well as risk mitigations.
  • Performs special projects, and additional duties and responsibilities as required.
  • Collaboration with Technology group on the development of new risk measures / stress tests and improvements to existing measures.
  • Creates high-quality and well-structured presentations and reports summarizing portfolio performance and results to Management.