VP - Prime Brokerage Risk
PhaxisNew York, NY
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Job Description
Growing broker dealer client is seeking a highly analytical and detail-oriented Credit & Market Risk Analyst to join their Risk Management team. This role is critical in assessing and mitigating counterparty and institutional client risk across equity, options, and fixed income markets, with a particular focus on Portfolio Margin, Prime Brokerage, Repo, and Securities Lending exposure.Key Responsibilities
- Assess margin requirements and potential stress losses of Prime Brokerage and Portfolio Margin clients.
- Monitor daily credit and market risk exposures across key business lines, including:
- Portfolio margin accounts
- Fixed income repo and securities lending
- Deliver accurate and timely measurement of exposure at both counterparty and portfolio levels to support informed credit decisions.
- Monitor firm deposits and exposure at central clearing counterparties (DTC, NSCC, OCC, FICC).
- Quantify the potential impact of new relationships or transactions on CCP deposit requirements.
- Investigate and reconcile discrepancies in client portfolios, including mark-to-market misalignments and yield curve mismatches.
- Bachelor's degree from a four-year accredited institution, preferably in Finance, Economics, Mathematics, or a related discipline.
- 5+ years of experience in credit and market risk, preferably within a broker-dealer or financial institution.
- Proven experience analyzing risk in portfolio margin or prime brokerage client portfolios.
- In-depth knowledge of asset classes including Equities, Options, Corporate Bonds, Municipal Bonds, MBS, TBAs, and U.S. Treasuries
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FAQs About VP - Prime Brokerage Risk Jobs at Phaxis
What is the work location for this position at Phaxis?
This job at Phaxis is located in New York, NY, 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 Phaxis?
Candidates can expect a pay range of $150,000.
What employment applies to this position at Phaxis?
The employer has not provided this information. This may be discussed during the hiring process.
What is the process to apply for this position at Phaxis?
You can apply for this role at Phaxis 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.