What are the responsibilities and job description for the Market Risk Manager position at Natixis Corporate & Investment Banking?
Join a high-impact team within our Market Risk Department, providing critical, independent oversight across the Americas Platform. Led by the Head of Market Risk Americas, this group is pivotal in managing risk across diverse asset classes including Rates, Credit, Equity, Securities Financing, FX, and Commodities. As a VP level Market Risk Managerr, you will play a central role in safeguarding two key business lines: Rates/FX and Credit Trading. This is a unique opportunity to leverage your expertise in identifying, analyzing, and strategically managing market risk exposures, acting as a trusted advisor and the vital second line of defense to our business partners.
What You’ll Do (Essential Duties and Responsibilities):
- Drive Strategic Risk Management: Champion effective risk management and oversight for US Rates/FX and Credit Trading businesses, encompassing intricate sub-activities such as Swaps, Options, Latam Rates, Gov Bonds, Munis, Securitized Products, and Contingents.
- Proactive Risk Identification & Escalation: Be the first to identify and articulate key risks, innovative trades and products. Proactively escalate emerging risks, concentrated positions, and vulnerabilities stemming from stress scenarios or volatile market conditions.
- Shape Risk Frameworks: Critically evaluate and refine the appropriateness of our limits framework and associated controls to ensure robust risk governance.
- Spearhead Key Initiatives: Lead or significantly contribute to strategic projects across Rates and Credit, ensuring seamless implementation and effective global coordination.
- Enable New Business Growth: Partner with the Front Office to facilitate new business setups through the New Products Committee and by expertly managing non-standard transaction requests.
- Contribute to Policy and Governance: Play an active role in shaping local and Head Office Market Risk Committee support documents, influencing our risk culture and strategy.
- Collaborate with Stakeholders: Serve as a key liaison with internal audit, Head Office inspection teams, and diverse regulatory bodies (including the ECB, Federal Reserve, and NY State), driving the implementation of their recommendations.
- Innovate Risk Technology: Lead and implement enhancements to P&L and Risk processes and systems, leveraging cutting-edge tools like VBA, Python, and Power BI.
- Foster Cross-Functional Partnerships: Maintain clear, consistent, and proactive communication channels with the Front Office and Market Risk Management teams across both New York and Head Office.
What You’ll Bring (Qualifications):
- Bachelor’s degree in Finance, Economics, or a related quantitative field.
- Deep expertise in the risks inherent in rates trading, complemented by advanced knowledge in at least one other major asset class (FX or Credit).
- Proven hands-on experience with sophisticated pricing and valuation models.
- High proficiency in programming languages such as VBA, C#, SQL, and Python.
- Solid understanding and practical application of risk analysis tools and methodologies, including Stress Testing, VaR, and Expected Shortfall.
- Exceptional ability to manipulate, analyze, and synthesize complex data into clear, compelling narratives and strategic insights for diverse audiences, from team members to senior management.
- Sharp analytical acumen and a knack for creative problem-solving.
- A proactive mindset with the ability to excel both independently and collaboratively within dynamic team environments, consistently meeting ambitious deadlines.
- Outstanding communication skills, enabling effective interaction with all levels of management and employees.
- Demonstrated leadership potential: a desire to mentor, motivate, and proactively propose innovative improvements, taking ownership in consultation with management.
- A minimum of six years of progressive experience within the financial industry.
The Ideal Candidate: Is innately curious, driven to propose and implement positive process improvements, possesses a sharp eye for detail, acts as a proactive self-starter, and communicates with ease and transparency. You thrive in a collaborative team setting and are eager to contribute to our collective success.
Natixis is an equal opportunity employer, committed to a workplace free of discrimination. Natixis will not tolerate any form of discrimination based on age, color, mental or physical handicap or disability, pregnancy, marital status, sexual orientation, national origin, alienage, ancestry or citizenship status, race, religion, sex (including sex stereotyping, gender identity, gender expression or transgender status), veteran status, creed, genetic information or carrier status, or any other protected characteristic as established by law.
Respect for all means that we deal with each person as an individual and not as a member of any group. All qualified applicants will receive consideration for employment. Management is expected to provide leadership in supporting the firms EEO program by taking steps to promote EEO in all facets of employment including recruitment, hiring, retention, promotion, performance assessment, and career-development opportunities.
The salary range for this vp-level position will be between $165,000 - $185,000. Natixis is required by law to include a reasonable estimate of the compensation range for this role. Actual base salary will vary and will be based on several factors including, but not limited to, relevant experience, education, skills set, applicable licensure and certifications, and other business and organizational needs. Base salary is only one component of our total rewards package. Natixis also offers a generous benefits package, and you may be eligible for a discretionary incentive award depending on company and individual performance.
Salary : $165,000 - $185,000