Senior Financial Risk Analyst
New York City (Hybrid – 3 days a week in the office)
Salary: $130,000 - $145,000 + 7% Bonus + Pension + full benefits
Team Overview
The Risk Management Group is an independent point for all risk-related issues affecting the strategic, business plans, operating, and financial performance of the bank Responsible for the risk exposure measurement methodology, calculation, analysis, reporting, and definition of appropriate policy standards/limits, procedures, and metrics. FRM also performs the bank's interest income simulation and covers the income projection for the bank's strategic and business plan.
Position Overview
The Senior Financial Risk Analyst will perform the monthly production market risk calculation and manage projects supporting the team's market risk monitoring functions. You will assist the senior team members with ALM risk management deliverables.
Required Experience:
- 8+ years of experience in financial risk management, with a focus on asset-liability management (ALM), balance sheet analytics, capital markets transactions, and related areas.
- Strong background in managing and analyzing U.S. Agency MBS and debt, private label RMBS, CMBS, Mortgage Loans, and Interest Rate Derivatives.
- Familiarity with balance sheet analytical software systems like PolyPaths, Principia, and prepayment applications such as AFT, ADCo, Intex.
Technical Skills:
- Proficiency in financial modeling and the ability to prototype and program risk system solutions using Python, C++, VBA, R, and report using SQL.
- Experience with data visualization tools (e.g., SAP BI, Qlik Sense) to create insightful and actionable risk analysis.
Analytical & Quantitative Skills:
- Strong quantitative, analytical, and statistical skills with a high attention to detail.
- Experience in income simulation, stress testing, and managing various types of financial risk (e.g., market, interest rate, liquidity, capital).
Strategic & Communication Skills:
- Ability to think strategically and translate high-level objectives into actionable plans.
- Clear communication skills to effectively articulate complex risk scenarios and solutions to senior management.
- Collaborative mindset, able to adapt to changing roles and work effectively in a team.
Key Responsibilities:
- Support the VP of Financial Risk Management in developing and maintaining a comprehensive risk management framework.
- Manage the bank's regulatory stress testing process, ensuring compliance with regulatory standards.
- Enhance risk management information systems and ensure robust data architecture for risk monitoring and reporting.