Phaxis · 1 month ago
VP - Prime Brokerage Risk
NY, NY
Full-time
Hybrid
Senior Level
$150K/yr - $185K/yr
5+ years expPhaxis is a growing broker dealer client seeking a highly analytical and detail-oriented Credit & Market Risk Analyst to join their Risk Management team. This role is critical in assessing and mitigating counterparty and institutional client risk across various markets, focusing on Portfolio Margin, Prime Brokerage, Repo, and Securities Lending exposure.
DeliveryHuman ResourcesStaffing Agency
Responsibilities
Assess margin requirements and potential stress losses of Prime Brokerage and Portfolio Margin clients
Monitor daily credit and market risk exposures across key business lines, including:
Portfolio margin accounts
Fixed income repo and securities lending
Deliver accurate and timely measurement of exposure at both counterparty and portfolio levels to support informed credit decisions
Monitor firm deposits and exposure at central clearing counterparties (DTC, NSCC, OCC, FICC)
Quantify the potential impact of new relationships or transactions on CCP deposit requirements
Investigate and reconcile discrepancies in client portfolios, including mark-to-market misalignments and yield curve mismatches
Qualification
Required
Bachelor's degree from a four-year accredited institution, preferably in Finance, Economics, Mathematics, or a related discipline
5+ years of experience in credit and market risk, preferably within a broker-dealer or financial institution
Proven experience analyzing risk in portfolio margin or prime brokerage client portfolios
In-depth knowledge of asset classes including Equities, Options, Corporate Bonds, Municipal Bonds, MBS, TBAs, and U.S. Treasuries
Company
Phaxis
Phaxis is one of the nation's leading recruiting and consulting firms.
51-200 employees
Funding
Current Stage
Growth StageLeadership Team
Seth Friedland
Co-Founder and CEO
E
Erik DiGiacomo
President
Company data provided by crunchbase