VP, Fixed Income Market Risk Manager - Credit Trading

Company:  Jefferies
Location: New York
Closing Date: 28/10/2024
Hours: Full Time
Type: Permanent
Job Requirements / Description
Job Description
Description: Fixed Income Market risk manager focusing on Traded Credit Products. The core of the role is to understand and highlight key changes in Market Risk for credit trading desks at Jefferies. Product scope to include Investment Grade bonds, High Yield bonds, Leveraged loans, Distressed products, Index, Credit E-Trading, and all associated hedges.
Responsibilities:
  • Engage with trading desk to understand trading strategies and changes in risk profile.
  • Communicate key risk changes, market activity, and P/L drivers to senior management.
  • Perform deep dive analyses on products and/or trading strategies as necessary.
  • Assess new products and propose frameworks for managing associated risks.
  • Develop and implement appropriate stress scenarios.
  • Actively participate in weekly risk meetings.
  • Test/onboard new technologies as appropriate.
  • Develop productive working relationships with other support functions, including Middle Office, Operations, Compliance, Technology, and Product Control.
Qualifications:
  • Excellent analytical and quantitative skills, strong attention to detail, strong work ethic, and high emotional intelligence.
  • Ability to draw conclusions from complex information and communicate those conclusions clearly to a senior audience.
  • Ability to multitask, work under pressure, and prioritize tasks in a trading floor environment.
  • Team player who is also a resourceful self-starter.
Requirements:
  • Bachelor's or Master's degree in a relevant field.
  • 5-7 years of direct Fixed Income market risk experience required, experience of corporate credit analysis or credit risk management is a plus.
  • Good understanding of options pricing/greeks a plus.
  • Proficiency in Microsoft Office, Bloomberg Terminal, Risk Metrics, Murex, Python, VBA programming and SQL database quires are a plus.

Primary Location Full Time Salary Range of $130,000 - $200,000
The salary offered will take into consideration an individual's experience level and qualifications. In addition to salary, Jefferies offers, for eligible employees, an annual discretionary incentive and retention bonus, competitive employee benefits, including: medical, dental & vision coverage; 401(k); life, accident, and disability insurance; and wellness programs. Jefferies also offers paid time off packages that include planned time off (vacation), unplanned time off (sick leave), and paid holidays and paid parental leave.
About Us
Jefferies Financial Group Inc. (''Jefferies,'' ''we,'' ''us'' or ''our'') is a U.S.-headquartered global full service, integrated investment banking and securities firm. Our largest subsidiary, Jefferies LLC, a U.S. broker-dealer, was founded in the U.S. in 1962 and our first international operating subsidiary, Jefferies International Limited, a U.K. broker-dealer, was established in the U.K. in 1986. Our strategy focuses on continuing to build out our investment banking effort, enhancing our capital markets businesses and further developing our Leucadia Asset Management alternative asset management platform. We offer deep sector expertise across a full range of products and services in investment banking, equities, fixed income, asset and wealth management in the Americas, Europe and the Middle East and Asia.
At Jefferies, we believe that diversity fosters creativity, innovation and thought leadership through the infusion of new ideas and perspectives. We have made a commitment to building a culture that provides opportunities for all employees regardless of our differences and supports a workforce that is reflective of the communities where we work and live. As a result, we are able to pool our collective insights and intelligence to provide fresh and innovative thinking for our clients.
Jefferies is committed to creating and sustaining a diverse workforce and encourages applicants from all backgrounds to apply. This includes applicants from historically underrepresented groups, including women, racial and ethnic minorities, members of the LGBTQ+ community, military veterans, and individuals with disabilities or who are neurodiverse.
Jefferies is an equal employment opportunity employer, and takes affirmative action to ensure that all qualified applicants will receive consideration for employment without regard to race, creed, color, national origin, ancestry, religion, gender, pregnancy, age, physical or mental disability, marital status, sexual orientation, gender identity or expression, veteran or military status, genetic information, reproductive health decisions, or any other factor protected by applicable law. We are committed to hiring the most qualified applicants and complying with all federal, state, and local equal employment opportunity laws. As part of this commitment, Jefferies will extend reasonable accommodations to individuals with disabilities, as required by applicable law.
All employees must follow Jefferies' COVID-19 protocol policy, which is subject to change.
Apply Now
An error has occurred. This application may no longer respond until reloaded. Reload 🗙