VP - Securitized Product Control Manager, CIB Market Risk

The Difference You Make:

The VP - Securitized Product Control Manager, CIB Market Risk role is responsible for risk analysis and independent oversight of market data quality certification used for market risk metrics and reporting. The VP is responsible for all aspects of market data quality including compliance with requirements of regulators and internal control and will recommend opportunities and proposed resolutions for improved efficiency, effectiveness, and/or risk reduction for the department. The VP - Securitized Product Control Manager, CIB Market Risk should have the technical skill to create market data time series and historical reconstruction. The VP is responsible for reviewing, analyzing, and/or evaluating the Company's market data management that renders risk-based processing and reporting to reduce operating losses and maintain maximum protection of the organization's assets, products, and services. The VP will recommend opportunities and propose resolutions for improved efficiency, effectiveness, and/or risk reduction for pricing and reporting.

• EOD certification process occurs daily from 3 to 8 PM
• Morning hours are dedicated to market data maintenance and data quality check
• Market Risk Management for all securitized products trading in the US. Products include secondary trading of agency RMBS (passthroughs, CMOs), agency CMBS, non-agency products (ABS, RMBS, CMBS, CLOs) as well as whole loan trading and securitization.
• Perform daily review, maintenance, and certification of market data accuracy
• Analyze, maintain, and build history for market data proxy used for VAR reporting.
• Review market data and static data configuration in multiple platforms.
• Liaise with multiple teams to implement and resolve market data discrepancies.
• Monitor and manage risk/exposure and compliance with the company's policies.
• Identify, manage, and report on daily market data process and workflow.
• Quantitative support to the different participants of market data development process.
• Activities may include quantitative analysis, risk identification and remediation.
• Oversee and ensure the development and implementation of short-term projects.
• Organize and implement upgrades in Risk System with the support teams and Methodology.
• Perform test on systems in order to improve efficiency in analyzing the reports for risk metrics.

What You Bring:

To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

• Experience in valuation of financial products and / or market risk management (FX, Rates, Bonds, Equities, CDS, Convertibles, Fixed Income Structured products (RMBS, CMO, MBS, CLO,…).
• Experience in knowledge of market products, obtaining inputs for valuation and market information systems (Bloomberg, Reuters, ICE, Market, etc.).
• Development of analysis tools and prototypes for defined market data feed (mainly in VBA or Python).
• Bachelor's degree (or equivalent) in Economics, Mathematics, Physics, Engineering, or a related field.
• Knowledge in market data and financial products.
• Strong Excel, Excel VBA and Python a must
• Knowledge in external vendor tools as Murex and Asset Control will be a plus.
• Knowledge in Spanish will be a plus.

Work Authorization & Sponsorship:

Applicants must be legally authorized to work in the United States on a full-time basis without requiring employer sponsorship to commence employment.

What Else You Need To Know:

The base pay range for this position is posted below and represents the annualized salary range. For hourly positions (non-exempt), the annual range is based on a 40-hour work week. The exact compensation may vary based on skills, experience, training, licensure and certifications and location.

Pay Transparency

Base Pay Range:

• Minimum:
• $190,000.00 USD
• Maximum:
• $245,000.00 USD

Your contribution matters and it’s recognized. You can expect a fair and competitive rewards package that reflects the impact you create and the value you deliver. We know rewards go beyond numbers. Offering more than just a paycheck our benefits are designed to support you, your family and your well-being, now and into the future.