Vice President, US Equity Risk Management

Job description

Within the Market Risk Department, Equity Risk Management ensures the monitoring, analysis, control and reporting of results and market risks related to Equity market activities and Equity derivatives.

The US Equity Risk Management Analyst (Vice President) is integrated into the global RM Equity team, responsible for Equity Solution and GRI (Global Repo and Indexing) activities. The analyst controls and analyzes market risks and results, participates in the review of market limits and reports limit breaches.

The analyst also contributes to valuation methodologies, calculation of adjustment reserves, and parameter control methodology.

Key Responsibilities

Primary Duties:

• Alert the Head of Market Risk US on important events, market risk exposures or abnormal situations.
• Analyze, monitor and supervise daily production of results explanations.
• Analyze, monitor and supervise risks and notify limit breaches.
• Analyze and validate new operations and one-offs.
• Contribute to materials and presentations for CACIB US and CUSO management through a weekly dashboard, at the US Market Risk Committee and the CUSO Market Risk Bureau.
• Define and evolve market risk measurement methodologies and reserves or adjustments specific to products handled within GRI Equity and/or ES scope.
• Conduct the annual review of limits.

Secondary Duties:

• Produce and analyze market risks.
• Calculate reserves for the GRI Equity / ES scope.
• Conduct semi-annual and annual business activity reviews.
• Participate in implementing regulatory changes, including FRTB.
• Respond to regulator requests, including AQR, EBA Stress, QIS, FED and NYDFS requests.
• Improve and implement risk analysis and monitoring tools.
• Assist the MAM team in maintaining a robust risk and valuation reporting framework.

Job Specifics

• Work in an open space.
• On-call duty may be required on holidays.

Qualifications

• Experience in market risk control, risk management or activity monitoring.
• Good knowledge of equity derivative products.
• Good IT skills, including VBA programming, Excel, Access and SQL.
• Bachelor's degree or equivalent required; master's degree preferred, ideally in Risk Management, Finance, Quantitative Finance, Mathematics or Statistics.
• 6–10 years of experience.
• Proficiency in English, written and verbal.
• Strong communication, analytical, organizational and cooperation skills, with autonomy and the ability to lead and structure team activities.

About Crédit Agricole Corporate and Investment Bank

Crédit Agricole CIB is the corporate and investment bank of the Crédit Agricole group. It supports major companies and financial institutions in their development and the financing of their projects, with social and environmental commitments at the heart of its activities.