Job Location : New York,NY, USA
Description: Fixed Income Market risk manager focusing on Traded Credit Products. The core of the role is to understand and highlight key changes in Market Risk for credit trading desks at Jefferies. Product scope to include Investment Grade bonds, High Yield bonds, Leveraged loans, Distressed products, Index, Credit E-Trading, and all associated hedges.
Responsibilities:
* Engage with trading desk to understand trading strategies and changes in risk profile.
* Communicate key risk changes, market activity, and P/L drivers to senior management.
* Perform deep dive analyses on products and/or trading strategies as necessary.
* Assess new products and propose frameworks for managing associated risks.
* Develop and implement appropriate stress scenarios.
* Actively participate in weekly risk meetings.
* Test/onboard new technologies as appropriate.
* Develop productive working relationships with other support functions, including Middle Office, Operations, Compliance, Technology, and Product Control.
Qualifications:
* Excellent analytical and quantitative skills, strong attention to detail, strong work ethic, and high emotional intelligence.
* Ability to draw conclusions from complex information and communicate those conclusions clearly to a senior audience.
* Ability to multitask, work under pressure, and prioritize tasks in a trading floor environment.
* Team player who is also a resourceful self-starter.
Requirements:
* Bachelor's or Master's degree in a relevant field.
* 5-7 years of direct Fixed Income market risk experience required, experience of corporate credit analysis or credit risk management is a plus.
* Good understanding of options pricing/greeks a plus.
* Proficiency in Microsoft Office, Bloomberg Terminal, Risk Metrics, Murex, Python, VBA programming and SQL database quires are a plus.
Primary Location Full Time Salary Range of $130,000 - $200,000
The salary offered will take into consideration an individual's experience level and qualifications. In addition to salary, Jefferies offers, for eligible employees, an annual discretionary incentive and retention bonus, competitive employee benefits, including: medical, dental & vision coverage; 401(k); life, accident, and disability insurance; and wellness programs. Jefferies also offers paid time off packages that include planned time off (vacation), unplanned time off (sick leave), and paid holidays and paid parental leave.