Avp, Credit Risk Control

BGC PartnersJacksonville, FL

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Overview

Schedule

Full-time

Career level

Executive

Remote

On-site

Job Description

We are seeking an Assistant Vice President to join our Credit Risk Control function, supporting the firm's broker-dealer's trading activities with Counterparties. This role is central to ensuring the firm's pre-trade and post-trade risk controls comply with SEC Rule 15c3-5 (the Market Access Rule) and internal risk appetite, working closely with Technology, Compliance, and Trading Desk stakeholders.

Own and monitor daily credit and capital thresholds under SEC Rule 15c3-5, including client-level, desk-level, and aggregate market access limits
Design, calibrate, and periodically review pre-trade risk controls (order size, notional, price collar, message rate, and erroneous order checks) in coordination with electronic trading and technology teams
Investigate limit breaches, exception reports, and control overrides; escalate material issues per governance protocol
Partner with Compliance on the annual CEO certification process required under 15c3-5, including documentation of control effectiveness testing
Support onboarding of new clients/counterparties by setting risk-based credit limits and market access parameters
Monitor counterparty exposure (gross and net), margin/collateral sufficiency, and concentration risk across products
Produce regular MI/reporting for senior management, Risk Committee, and regulators (FINRA, SEC) on market access control performance
Contribute to control enhancement projects, including automation of limit monitoring and real-time surveillance tooling
Stay current on regulatory developments affecting market access, algorithmic trading controls, and broker-dealer risk management
Provide Reporting on limit usage, reporting on breaches and escalation to Senior management

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FAQs About Avp, Credit Risk Control Jobs at BGC Partners

What is the work location for this position at BGC Partners?

This job at BGC Partners is located in Jacksonville, FL, according to the details provided by the employer. Some roles may also include multiple work locations depending on the requirement.

What pay range can candidates expect for this role at BGC Partners?

Employer has not shared pay details for this role.

What employment applies to this position at BGC Partners?

BGC Partners lists this role as a Full-time position.

What experience level is required for this role at BGC Partners?

BGC Partners is looking for a candidate with "Executive" experience level.

What is the process to apply for this position at BGC Partners?

You can apply for this role at BGC Partners either through Sonara's automated application system, which helps you submit applications 10X faster with minimal effort, or by applying manually using the direct link on the job page.