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Crédit Agricole CIB Limited

NY Market Risk Manager

Crédit Agricole CIB Limited, New York, New York, us, 10261


Vacancy details

General information

EntityAbout Crédit Agricole Corporate and Investment Bank (Crédit Agricole CIB)

Crédit Agricole CIB is the corporate and investment banking arm of Crédit Agricole Group, the 10th largest banking group worldwide in terms of balance sheet size (The Banker, July 2022).8,600 employees in more than 30 countries across Europe, the Americas, Asia-Pacific, the Middle-East and North Africa, support the Bank's clients, meeting their financial needs throughout the world.Crédit Agricole CIB offers its large corporate and institutional clients a range of products and services in capital market activities, investment banking, structured finance, commercial banking and international trade.The Bank is a pioneer in the area of climate finance, and is currently a market leader in this segment with a complete offer for all its clients.

For more information, please visit www.ca-cib.com

Twitter: https://twitter.com/ca_cibLinkedIn: https://www.linkedin.com/company/credit-agricole-cib/

By working every day in the interest of society, we are a group committed to diversity and inclusion. All our positions are open to people with disabilities.

Reference2024-92253

Update date13/09/2024

Job descriptionBusiness type

Types of Jobs - Risk Management / ControlJob title

NY Market Risk ManagerContract type

Permanent ContractJob summary

The Market Risk department in NY monitors the following activities:

Treasury (US + Canada + Brazil):Treasury FundingTreasury AFSTreasury HedgingGlobal Market Trading:

Swap and Liquid Bond USDInflation NYFX and Emerging Latam and BrazilOptions and Bermudas USDNY Credit TradingRepo and Secured Funding

Repo TradingCapital Market Funding

NY Credit PrimaryThe Risk Manager will be responsible for following part of the NY activities. The Risk manager:

Proposes sets of limits in relation with Head Office Risk management.

Suggests appropriate changes of methodology.Ensures all risks are monitored accurately.Monitors and analyzes daily market risk exposures in relation with the Market Activity Monitoring team in charge (in Paris, or New York) and with Head Office corresponding Market Risk team.Instructs over limits and proposes action.Prepares New Product review for NAP Committee / New Product Committee.Defines and maintains up-to-date procedures for all these activities.Define appropriate level of Market Risk reserve in relation with corresponding Head Office Market Risk ManagerFormalizes Market Risk Opinion to CACIB Americas Market RiskCommittee.Daily monitors and analyses the P&L of the trading activities and especially highlights any issues with the P&L productionPrepare the US Risk Committee Market Risk presentation

Position/Team:

Vice-PresidentThe candidate will work within a team of four market risk managers.The Risk Manager will report to the Head of Market and Counterparty Risk for Cacib Americas.Salary Range

$130k-$150k

#LI-DNI

Position locationGeographical area

America, United States Of AmericaCity

NEW YORK

Candidate criteriaMinimal education level

Postgraduate degree - MA/MSc/PhD/Doctorate or equivalentAcademic qualification / Speciality

Master or PhD

Level of minimal experience

3-5 yearsExperience

3 to 7 years of experience in Financial markets (risk, trading, structuring...)

Required skills

Good knowledge of Financial products, IR Derivatives markets. (Bond, CDS, IRS, CCS, Futures, Inflation products...)Good understanding of Market Risk issue (VaR, Stress,...)Good programming skills in VBA and Python