Top Tier Financial Services firm looking for a Prime Broker | Margin Risk Manager to join their growing team. This is an excellent opportunity to lead the development of a first (1st) level risk management framework for the Prime Clearing business. Together with control partners, ensure the correct risk framework is in place for client selection as well the overall management of the business. Enhance the decision-making process for allocation of financial resources to optimize the Prime’s risk adjusted returns. Work with Risk and Credit teams to calibrate margin and risk methodologies. Evaluate new business opportunities based on portfolio risk, strategy, client creditworthiness, return metrics, etc. Participate in marketing efforts and take part in client pitches.
QUALIFICATIONS
- Excellent knowledge and experience in Global Markets or Prime Services is essential.
- Broad knowledge of the systems and business processes in use for Front, Mid and Back-Office functions within Prime Services.
- Ability to concisely explain and present complex issues to senior business partners and leaders within our Prime Services to affect change and grow our Prime Service division.
- Must be able to multi-task and manage multiple projects under pressure.
- Bachelor’s Degree with either a technical major such Computer Science, Information Systems Management or equivalent experience can be substituted with a demonstrated pursuit of on-going education, certification, or technical learning.
- Excellent troubleshooting skills are a must (deductive reasoning skills must be excellent).
- Minimum of five (5) years of working within a Prime Brokerage Service role.
- Deep knowledge of Financial Markets and related systems - especially Equity Clearing | Prime Brokerage Services.
- Experience working with the following Service Providers is a plus: Broadridge (BPS) and BPS | aHUMA (QlikView, WhiteBox Rapport, nPrinting) or other ETL toolsTRAFiX, Silexx, Rival, Redi, Bloomberg EMSX, DeepSystems, MultiMediaSoftek.
- Worked with Financial standard protocols and data exchanges formats like FIX (FIXML), FPML.
- Excellent Project Management skills.
This role will sit HYBRID out of the New York, NY office. Total Compensation will include a base salary up to $250,000 + Bonus.
