Job Description

The Market Risk Department provides independent oversight across the Americas Platform. Led by the Head of Market Risk Americas, the group covers Rates, Credit, Equity, Securities Financing, FX, and Commodities Risk Management. The primary objective of this position is the monitoring of traded and forward Risk for the Interest Rate desks, which include Swaps, IR Options, Government Bonds, Latam Rates, and Municipal GICs. This Executive Director-level role involves the identification, analysis, and monitoring of the portfolio’s market risk exposures while working alongside the business as the second line of defense.

Key Responsibilities:

• Manage a team of seven.
• Produce required daily market risk reports.
• Analyze, understand, and comment on the variations in different risk indicators daily. Provide insights on main risk evolutions and any notable events weekly and monthly for the activities primarily covered.
• Ensure that all risks are accurately captured by the risk systems and models, and understand key risks and stress scenarios.
• Review the appropriateness of the limits framework and related controls.
• Lead or participate in all projects related to Rates, ensuring timely implementation and global coordination.
• Respond to Front Office requests for new business setups via the New Products Committee or through the instruction of non-standard transaction requests.
• Contribute to the development of support documents for local and Head Office Market Risk Committees.
• Interface with internal audit, Head Office inspection, multiple bank regulators (including the ECB, Federal Reserve, and New York State), and follow up on their recommendations.
• Lead initiatives to enhance P&L/Risk processes and systems using VBA, Python, Power BI, and other technologies.
• Maintain constant communication with the Front Office and Market Risk Management teams both in New York and at Head Office.
• Perform ad-hoc analyses of current desk risks, including requests for non-standard transactions.
• Present market risk materials to senior management at the Market Risk Committee.

Qualifications:

• Bachelor’s degree.
• Strong knowledge of risks associated with rates trading, as well as advanced knowledge in at least one other asset class (Equity, FX, Credit, Commodities).
• Good hands-on experience with pricing and valuation models.
• Proficiency in programming (VBA, C Sharp, SQL, Python).
• Familiarity with risk analysis tools and methods, such as stress testing and VaR (Value at Risk), and expected shortfall.
• Ability to manipulate, analyze, summarize, and present comprehensive memos for team members and all levels of management.
• Strong analytical and problem-solving skills.
• Must be able to work both independently and collaboratively in a group on ad-hoc projects while meeting deadlines.
• Ability to communicate effectively with all levels of management and employees.
• Minimum of ten years of working experience in the financial industry.
• Strong proficiency in Excel, VBA, and Python programming to maintain, improve, and develop reporting tools.
• Strong proficiency in database programming (Access, SQL).

Natixis is an equal opportunity employer, committed to a workplace free of discrimination. Natixis will not tolerate any form of discrimination based on age, color, mental or physical handicap or disability, pregnancy, marital status, sexual orientation, national origin, alienage, ancestry or citizenship status, race, religion, sex (including sex stereotyping, gender identity, gender expression or transgender status), veteran status, creed, genetic information or carrier status, or any other protected characteristic as established by law.

Respect for all means that we deal with each person as an individual and not as a member of any group. All qualified applicants will receive consideration for employment. Management is expected to provide leadership in supporting the firms EEO program by taking steps to promote EEO in all facets of employment including recruitment, hiring, retention, promotion, performance assessment, and career-development opportunities.

The salary range for this position will be between $200,000 - $250,000. Natixis is required by law to include a reasonable estimate of the compensation range for this role. Actual base salary will vary and will be based on several factors including, but not limited to, relevant experience, education, skills set, applicable licensure and certifications, and other business and organizational needs. Base salary is only one component of our total rewards package. Natixis also offers a generous benefits package, and you may be eligible for a discretionary incentive award depending on company and individual performance.

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