Sr. Manager, Market Risk Specialist
Raymond James Financial, Inc.
**Job Summary**
The Senior Manager, Market Risk Manager will play a key role in the independent oversight and reporting of market risk exposures across Fixed Income, Structured Products, and Equities trading businesses. This individual will support the daily risk management process, contribute to the development of risk analytics, and provide insight into market dynamics and portfolio sensitivities. The role requires strong analytical skills, a solid understanding of financial markets, and the ability to communicate risk issues effectively to senior stakeholders.
**Essential Duties and Responsibilities**
+ Monitor and analyze daily market risk exposures and P&L across trading desks.
+ Produce daily, weekly, and monthly market risk reports, including Value-at-Risk (VaR), sensitivities, stress testing, and limit utilization.
+ Validate and reconcile risk data across systems to ensure accuracy and completeness.
+ Support regulatory and internal reporting requirements, including CCAR, Basel, Market Risk Public Disclosures, 10Q/K and other supervisory frameworks.
+ Collaborate with front office, finance, and technology teams to evaluate new products and trading strategies.
+ Develop and enhance risk metrics, dashboards, and reporting tools to improve transparency and decision-making.
+ Participate in limit setting, risk appetite discussions, and escalation of breaches or emerging risks.
+ Support regulatory and internal audit requests related to market risk.
+ Contribute to the ongoing enhancement of risk models and infrastructure, including VaR, sensitivities, and stress frameworks.
+ Automate and streamline reporting workflows using tools such as Python, SQL, and Excel/VBA.
+ Assist in the development of dashboards and visualizations for senior management and risk committees.
+ Participate in projects to enhance risk infrastructure, reporting platforms, and data governance initiatives.
**Knowledge, Skills, and Abilities**
**Knowledge of**
+ Strong understanding of market risk concepts, including VaR, stress testing, and risk sensitivities.
+ Familiarity with financial instruments across asset classes, including fixed income, securitized products, equities, and derivatives.
+ Knowledge of market risk regulatory concepts include Market Risk RWA, VaR backtesting, and P-values.
**Skills**
+ Proficiency in data analysis and reporting tools (e.g., Excel, VBA, SQL, Python, Tableau).
+ Strong communication skills and ability to work collaboratively across teams.
+ Solid quantitative and analytical skills, familiarity with pricing models and risk sensitivities.
**Ability to**
+ High attention to detail and ability to manage large datasets with accuracy.
+ Ability to manage multiple priorities and meet tight deadlines in a dynamic environment.
**Educational/Previous Experience Requirements**
+ Bachelor’s degree in finance, Economics, Mathematics, Engineering, or a related field; advanced degree or certifications (FRM, CFA) are a plus.
+ OR ~
+ Any equivalent combination of experience, education, and/or training approved by Human Resources.
**_Please note: This role is not eligible for immigration Work Visa sponsorship, either currently or in the future._**
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