Finance

Market Risk Management & Analysis measures, analyzes and controls the market risk of the firm globally.

Our responsibilities include:

• Playing a key role in the risk/reward decision making process of the Firmwide Risk Committee
• Measuring the losses that the firm would experience under a variety of normal and extreme market conditions, across asset classes, for all our trading desks globally
• Verifying and approving pricing models
• Advising on the modeling of complex trades
• Reporting market risk information to external bodies
• Participating in evaluating and introducing new products and business

The department is made up of the following three groups with representation in New York, London, Tokyo, Hong Kong and Seoul.

Market Risk Analysis is responsible for measuring, analyzing and reporting market risk, including monitoring adherence to limits. Varieties of quantitative measures are used, including Value at Risk (VaR) and stress tests. Much focus is given to liquidity and risk concentration.

This team is at the center of the firm's daily trading activities and looks at all businesses and asset classes across the firm globally. Market Risk Analysis is looking for pro-active and driven people with a great eye for detail, strong analytical skills and a strong desire to truly understand the financial markets. Those who join us will be able to operate at a fast pace and in a constantly changing risk environment.

Market Risk Strategies is responsible for designing and implementing market risk measurement models as well as approving pricing models used by the firm. The group is comprised of two teams: Risk Modeling and Derivatives Analysis.

Risk Modeling is the core group that designs and implements all risk models for our trading portfolio, including VaR models, stress testing and hedging analysis. We are looking for people who have strong quantitative and technological training.

Derivatives Analysis consists of derivatives modeling experts focused on the risk management of exotic derivatives. The group assesses and quantifies model risk, approves all pricing models and advises senior management on the risks associated with particularly large and complex transactions.

Corporate Risk is responsible for calculating, monitoring and reporting our market risk capital to regulators. By attributing risk capital to individual trading businesses, the group also plays a direct role in the strategic risk/reward decision-making process.