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Phaxis · 6 days ago

Director of Credit & Market RIsk

New York, NY

Full-time

Onsite

Director/Executive

Phaxis is seeking a Director of Credit & Market Risk to oversee margin requirements and risk exposures for Prime Brokerage and Portfolio Margin clients. The role involves daily monitoring, measurement of credit and market exposure, and ensuring compliance with risk limits and guidelines.

DeliveryHuman ResourcesStaffing Agency

Responsibilities

Assess margin requirements and stress loss of Prime Brokerage / Portfolio Margin clients

Daily monitoring of credit and market risk exposures businesses

Provide accurate and timely measurement of all relevant credit and market exposure

Recommend appropriate risk limits and ensure processes are in place

Review to ensure that the line of business activities fall within pre-established boundaries

Monitor global macro market environment and impact of market events on current portfolios

Monitor deposits at all central clearing counterparties (DTC, NSCC, OCC and FICC)

Quantify potential impact to CCP deposits based on potential new transactions

Investigation and reconciliation of client portfolios aligning mark-to-markets or yield curves

Daily engagement with key external counterparties and internal executive management

Contribute to the development of risk framework, guidelines, policy and procedures

Identify issues and escalate to management

Perform due diligence on all new portfolio margin / prime brokerage relationships

Monitor risk exposures against guidelines and proactively engage with the business

Qualification

Credit Risk AssessmentMarket Risk MonitoringRisk Framework DevelopmentPortfolio ManagementClient Relationship ManagementAnalytical SkillsCommunication Skills

Required