Job Title: Project Manager – Market Risk

New York 

Contract 

Job Summary

We are seeking an experienced Project Manager with strong expertise in Market Risk and Capital Markets to lead risk management initiatives across regulatory, technology, and business teams. The ideal candidate will manage end-to-end project delivery for market risk programs, including Value at Risk (VaR), FRTB, Basel regulations, and risk analytics platforms.

The candidate should possess excellent stakeholder management skills and experience working with cross-functional teams in fast-paced banking or financial services environments.

Key Responsibilities

• Lead and manage Market Risk projects from initiation through implementation and post-production support.
• Coordinate with Risk, Front Office, Technology, Compliance, and Operations teams to ensure successful project execution.
• Drive delivery of regulatory and risk transformation initiatives related to VaR, FRTB, Basel III, CCAR, and liquidity risk.
• Gather business requirements and translate them into functional and technical specifications.
• Manage project schedules, resource allocation, risks, issues, and dependencies.
• Track project progress and provide regular status updates to senior leadership and stakeholders.
• Ensure compliance with governance, audit, and regulatory requirements.
• Collaborate with technology teams for system enhancements, testing, UAT, and production releases.
• Facilitate Agile ceremonies including sprint planning, backlog grooming, and stakeholder reviews.
• Identify opportunities for process improvement and operational efficiency.

Required Skills & Qualifications

• Bachelor’s degree in Finance, Computer Science, Business, or related field.
• 8 years of experience in Project Management within Banking or Financial Services.
• Strong understanding of Market Risk concepts including:
  • Value at Risk (VaR)
  • FRTB
  • Basel III
  • Liquidity Risk
  • Counterparty Risk
  • Credit Risk
• Experience managing regulatory or risk transformation programs.
• Strong knowledge of Capital Markets and Investment Banking operations.
• Experience working with risk platforms such as Murex, Calypso, Openlink, or similar systems.
• Hands-on experience with Agile, Scrum, or Waterfall methodologies.
• Strong communication, stakeholder management, and leadership skills.
• Experience using Jira, Confluence, MS Project, and Excel.
• Basic understanding of SQL or Python is preferred.

Preferred Qualifications

• PMP, Scrum Master, or Agile certification.
• Experience working with global teams and offshore delivery models.
• Exposure to cloud technologies and data analytics platforms.
• Familiarity with regulatory reporting frameworks.

Nice to Have

• Experience with Risk Analytics platforms.
• Knowledge of data governance and financial reporting.
• Exposure to DevOps or automation initiatives within banking environments.

Target Industries

• Investment Banking
• Capital Markets
• Financial Services
• Risk Consulting
• Hedge Funds
• Asset Management

Suggested Target Titles

• Market Risk Project Manager
• Risk Program Manager
• Capital Markets PM
• Regulatory Project Manager
• Risk Transformation Manager
• Financial Risk PM
• Investment Banking Project Manager