Assistant Vice President, Market Risk Manager

Company: Wedbush Securities
Location: Jersey City
Posted on: April 2, 2021

Job Description:

Loading Please Wait Wedbush Securities is one of the largest full-service securities and futures firms and investment banks in the nation. We provide innovative financial solutions through our Private Client Services, Capital Markets, and Clearing & Execution divisions. Our Los Angeles Headquarters is seeking a candidate to join our Risk and Credit Group. This position will report directly to the Senior Vice President of Risk & Credit in Los Angeles and will be a Market Risk Manager focusing on equities, fixed income, options, and other derivative trading. Responsibilities will include, but are not limited to:

• Handle daily monitoring of client positions, activities and market movements for Reg-t and portfolio margin accounts
• Issue intraday/overnight calls and limit breaches to clients, while answering and investigating any inquiries or disputes
• Daily monitoring of client margin calls and analyzing firm risk exposures
• Inspecting client performances by evaluating intraday/overnight profit & losses and stress tests to identify any potential dangers and present protective measures against price fluctuations of client positions
• Daily approval of outgoing wires and ACHs
• Review and approval of trading limit requests
• Performs other tasks and duties as assigned and required Experience and Skills
  • Bachelor's Degree from an accredited University, preferably in Business Administration or other related fields
  • 5+ years of experience in futures, equities, and fixed income
  • SQL abilities to perform queries and knowledge of database infrastructure
  • Advanced abilities using Excel
  • Competency in using GMI, CME SPAN and the various margin tools presented by each exchange
  • Familiarity with options and understanding of option strategies
  • Ability to work in a constant state of alertness and safe manner When you apply for a position with Wedbush, we collect certain information about you. Click here to learn what information we collect and what we do with it.

Keywords: Wedbush Securities, Jersey City , Assistant Vice President, Market Risk Manager, Executive , Jersey City, New Jersey