Associate Director, Risk & Margin

Key Responsibilities

Margin and Collateral Management

• Manage the daily calculation, issuance, and settlement of margin calls.
• Ensure the accurate and timely management of collateral, including eligibility assessments, optimization, and allocation.
• Serve as a subject matter expert for margin methodologies, requirements, and internal firm house policy.
• Spearhead efficiency and improvements within the collateral management infrastructure and operational workflows.

Regulatory Compliance and Reporting

• Maintain a current understanding of evolving global financial regulations impacting risk and margin.
• Ensure departmental adherence to all relevant internal policies, external regulations, and audit requirements.
• Manage the preparation and submission of internal and external regulatory reports related to risk, capital, and collateral.
• Serve as a key contact for regulatory examinations and internal audits related to risk controls and margin processes.

Leadership and Strategy

• Contribute to the strategic development and implementation of the firm’s overall risk framework and technology roadmap.
• Partner with Technology, Operations, Legal, and Front Office teams to execute new product launches and process enhancements.
• Identify and implement automation opportunities to streamline risk and margin processes, reducing operational risk.

Qualifications

Essential

• Bachelor's degree in Finance, Economics, Quantitative Methods, or a related field.
• 7+ years of experience in margin management, risk management, collateral operations, or a quantitative finance role within a major financial institution (e.g., investment bank, clearing house, asset manager).

Desirable

• Experience with risk management systems or collateral management platforms.
• Proficiency in data analysis tools and programming languages (e.g., SQL, Python, R).
• Excellent communication skills, both written and verbal, with the ability to articulate complex risk issues to senior management and diverse stakeholders.
• Proven expertise in risk metrics (VaR, stress testing, PFE) and margin methodologies (SIMM, SPAN, etc.).
• Strong knowledge of global derivatives markets, secured financing transactions.

Compensation

Base Salary Range: $125,000 - $170,000 (does not include bonuses or equity).