Market Risk Analyst - Associate

TEKsystems • New York, NY • 7h ago

Description

Our client's Market Risk Control department is seeking a Market Risk Associate to join their US Prime Services Risk Team in support of varying projects across this specific product line. The role is in the Market Risk Control team and accountable for the core risk management responsibilities related to the US Prime Services business focusing on the effective and efficient mitigation of counterparty market/credit risk of Prime Brokerage clients. This position will be on site in Manhattan, NY.

Requirements

? Assist with the oversight of the margin and risk processes to ensure the firm's credit risk is aligned with our risk policies

? Utilize strong excel or programming skills to help facilitate testing across multiple risk projects or analysis.

? Assist with the resolution of margin and risk issues

? Monitor client portfolios and execute sound judgment to day-to-day risk management situations requiring escalation with recommendations on risk mitigation

? Apply best practice risk management operating procedures and controls

? Provide analysis for the design of risk management policies and the implementation of the risk infrastructure of this business

? Collaborate with the Operations, Market and Credit Risk, Legal, Front Office, Technology and Project teams

? Prepare risk dashboards and analysis to use during internal risk discussions with management or external regulators on a regular basis

? Seek opportunities to increase operational efficiency and lower operational risk, recommend process reengineering with proper controls

? Execute proactive risk management by assessing the impact of market risk events on exposures

Required Skills to be considered

3+ years of experience in Market Risk, Counterparty Risk, or Prime Brokerage Risk.

Strong understanding of derivatives, securities, risk pricing, VaR, and stress testing.

Advanced Excel skills (VLOOKUP, Pivot Tables).

Proficiency in Python (basic scripting for data manipulation) and SQL (handling large datasets).

Ability to perform basic margin calculations and interpret risk policies.

Familiarity with Bloomberg or similar tools for market data retrieval.

Excellent communication skills and ability to work in a fast-paced environment.

Education in Finance, Mathematics, Statistics, or related field (CFA/FRM a plus, but not required).

Qualifications:

? Minimum of 3 years of experience with good understanding of market risk, credit risk, margin and collateral risk. Preference for someone with some working knowledge of the Prime Broker Business.

? Ability to quickly grasp new concepts and work in a fast paced high-performing culture with time-sensitive deadlines.

? Product knowledge of equity, fixed income, and derivatives and have capital markets experience.

? Attention to detail and a good understanding of security data, margin rules, client data, market data in addition to trade valuation data.

? Demonstrated strategic thinking and analytical skills.

? Team oriented with excellent verbal and written communication skills.

? Excellent skills in Microsoft Excel, Access, PowerPoint, knowledge of Programming, (VBA, Python, SQL) etc.

? Prior working experience participating in large change initiatives impacting multiple stakeholders and processes will be valuable.

? Undergraduate degree in a quantitative field (Finance, Business, Economic, Math etc.), CFA / FRM or other recognized designation is an asset.

Experience Level

Intermediate Level

Pay and Benefits

The pay range for this position is $40.00 - $70.00/hr.

Eligibility requirements apply to some benefits and may depend on your job classification and length of employment. Benefits are subject to change and may be subject to specific elections, plan, or program terms. If eligible, the benefits available for this temporary role may include the following:

Medical, dental & vision - Critical Illness, Accident, and Hospital - 401(k) Retirement Plan - Pre-tax and Roth post-tax contributions available - Life Insurance (Voluntary Life & AD&D for the employee and dependents) - Short and long-term disability - Health Spending Account (HSA) - Transportation benefits - Employee Assistance Program - Time Off/Leave (PTO, Vacation or Sick Leave)

Workplace Type

This is a hybrid position in New York,NY.

Application Deadline

This position is anticipated to close on Sep 5, 2025.

h4>About TEKsystems:

We're partners in transformation. We help clients activate ideas and solutions to take advantage of a new world of opportunity. We are a team of 80,000 strong, working with over 6,000 clients, including 80% of the Fortune 500, across North America, Europe and Asia. As an industry leader in Full-Stack Technology Services, Talent Services, and real-world application, we work with progressive leaders to drive change. That's the power of true partnership. TEKsystems is an Allegis Group company.

The company is an equal opportunity employer and will consider all applications without regards to race, sex, age, color, religion, national origin, veteran status, disability, sexual orientation, gender identity, genetic information or any characteristic protected by law.

About TEKsystems and TEKsystems Global Services

We're a leading provider of business and technology services. We accelerate business transformation for our customers. Our expertise in strategy, design, execution and operations unlocks business value through a range of solutions. We're a team of 80,000 strong, working with over 6,000 customers, including 80% of the Fortune 500 across North America, Europe and Asia, who partner with us for our scale, full-stack capabilities and speed. We're strategic thinkers, hands-on collaborators, helping customers capitalize on change and master the momentum of technology. We're building tomorrow by delivering business outcomes and making positive impacts in our global communities. TEKsystems and TEKsystems Global Services are Allegis Group companies. Learn more at TEKsystems.com.

The company is an equal opportunity employer and will consider all applications without regard to race, sex, age, color, religion, national origin, veteran status, disability, sexual orientation, gender identity, genetic information or any characteristic protected by law.

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