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    VP - Market Risk - FRTB/Basel Requirements - New York, United States - Jobs via eFinancialCareers

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    VP - Market Risk - FRTB/Basel Requirements Selby Jennings

    Manhattan, United States

    Posted 22 days ago

    Hybrid Job

    Permanent

    USD USD180000 per year

    We're partnered with a growing international investment bank in NYC looking to add strong VP level talent within their strategic initiatives team.

    The group is focused on FRTB and Basel 2.5 initiatives, working on implementing new FRTB regulations for the broader risk team to ensure everything is in accordance with regulatory requirements.

    In-depth knowledge of market risk, credit risk, and liquidity risk are required.

    We're partnered with a growing international investment bank in NYC looking to add strong VP level talent within their strategic initiatives team.

    The group is focused on FRTB and Basel 2.5 initiatives, working on implementing new FRTB regulations for the broader risk team to ensure everything is in accordance with regulatory requirements.

    In-depth knowledge of market risk, credit risk, and liquidity risk are required.

    This position will report directly to the group head managing all strategic initiatives in risk with visibility to the CRO.

    The broader team covers FRTB implementation and works closely with the front office to ensure regulatory guidelines of FRTB metrics are being correctly addressed.

    This role is ideal for someone who has in depth risk-stripe knowledge with experience covering valuation risk adjustments in derivatives, and regulatory interaction (FRB, CFTC, NFA, FINRA)

    Responsibilities:
    Implement risk framework and efficient structure in adherence to regulatory standards
    Develop risk framework and policies focused on risk identification, mitigation, and monitoring in compliance with business and regulatory requirements
    Further establishment of risk controls for legal entities' risks, in accordance with US and external regulatory standards

    Requirements:
    Extensive experience across market, liquidity, credit, and operational risks
    Strong derivatives knowledge (IR/FX), and understanding of related risks and valuation concepts (VaR, stress-testing, counterparty risk exposure)
    Experience working with risk frameworks for valuation risk adjustments in derivatives
    First-hand experience working with US Regulators (FINRA, CFTC, NFA, FRB)
    Knowledge of risk governance framework, excellent verbal and written communication, experience in the regulatory environment
    We support the Financial Sciences & Services industry with talent that can truly shape the future of a business.
    Whether that be Quantitative Analyti...

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