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Cantor Fitzgerald

Associate, Market Risk Associate

Reposted 2 Months Ago
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In-Office
New York, NY, USA
75K-92K Annually
Mid level
In-Office
New York, NY, USA
75K-92K Annually
Mid level
Monitor and analyze market risk exposures for equity trading desks, support model integrity and back-testing (VaR, stresses, Greeks), build and maintain risk reporting tools, prepare risk summaries and regulatory reports, reconcile P&L attribution, and collaborate with trading desks to enforce risk limits and investigate deviations.
The summary above was generated by AI
As an Associate - Market Risk Associate, you will play a crucial role in supporting our Market Risk Management department. Your responsibilities will include monitoring real-time and end-of-day risk exposures, analyzing portfolio risk, and building risk reporting tools. This role offers an opportunity to work closely with senior risk managers and trading desks, contributing to the firm's risk management strategies across various financial instruments. Responsibilities
  • Monitor market risk exposures for domestic and international equities trading desks.
  • Support model integrity and back-testing for risk controls, including VaR and stress metrics.
  • Analyze and validate equity stresses, Greeks, and VaR results.
  • Build and maintain risk reporting tools using GUI, SQL, Excel/VBA, and AI technologies.
  • Prepare daily and weekly risk summaries and support regulatory reporting.
  • Collaborate with front-office trading desks to review limit usage and strategies.
  • Proactively monitor and investigate deviations in trading activity.
  • Track and reconcile P&L attribution with risk factor movements.
  • Support multiple products/strategies, including equity options and OTC market making.
  • Ensure adherence to internal risk policies and regulatory standards.
Qualifications
  • Bachelor's degree in Finance, Economics, Mathematics, or related field.
  • 2-5 years of experience in market risk management, with equity risk exposure.
  • Strong programming skills, particularly SQL, for data analysis and reporting.
  • Solid understanding of market risk concepts: VaR, stress testing, Greeks, etc.
  • Experience with Fidessa and Bloomberg is preferred.
  • Excellent communication skills for effective collaboration across teams.
  • Ability to adapt and manage multiple priorities in a fast-paced environment.
  • Proficiency in GUI, Excel/VBA, and Python is an asset.
  • Familiarity with internal AI tools for risk management.
  • A proactive and detail-oriented approach to risk monitoring and investigation.

Salary: $75,000 - $92,000 plus bonus 

The actual base salary will be determined on an individualized basis considering a wide range of factors including, but not limited to, relevant skills, experience, education, and, where applicable, licenses or certifications held. In addition to base salary and a competitive benefits package (including health, vision, and dental insurance, paid time off and a 401(k) retirement), this position may be eligible for additional types of compensation including discretionary bonuses and other short- and long-term incentives (e.g., deferred cash, equity, etc.).

 

We do not accept unsolicited resumes, candidate referrals, or outreach from third-party recruiters or staffing agencies. Any such submissions will be considered property of Cantor Fitzgerald and will not be eligible for any placement fee. Recruiters must have a signed agreement with our Talent Acquisition team and be invited to submit candidates for a specific role. Direct contact with hiring managers or employees is strictly prohibited.

 

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Cantor Fitzgerald New York, New York, USA Office

499 Park Avenue, New York, NY, United States, 10022

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