VP, US Equity Derivatives & Structured Products Risk Manager

- Oversee and risk management of relevant US Equity Derivatives portfolios in accordance with Group risk policies and procedures.

- Ensure that risks arising from flow derivatives and structured equity products are identified, understood, captured, reported, escalated as required, and managed within risk appetite.

- Monitor, review, and challenge daily risk metrics including VaR, stress testing results, Greeks, volatility, correlation, dividend, financing, gap, liquidity, concentration, P&L explain, and limit utilization.

- Analyze complex equity derivatives and structured transactions, assess resulting market risk exposures and hedging strategies, and escalate material risks as required.

- Review large, complex, or one-off transactions as part of the pre-trade approval framework, including assessment of payoff profile, model sensitivity, hedgeability, liquidity, concentration, and residual risk.

- Update and enhance the limit framework, stress testing, scenario analysis, risk reporting, dashboards, and analytical tools as derivatives and structured-product risks evolve.

- Review new business initiatives, new products, structured transactions, trading strategy changes, and methodology enhancements to assess market risk, regulatory considerations, governance requirements, and control implications.

- Prepare analysis and materials for risk committees, governance forums, senior management discussions, regulatory or audit responses, and ad-hoc risk reviews.

- Liaise with key stakeholders including Trading, Structuring, Product Control, Finance, Technology, Model Risk, Credit Risk, Legal, Compliance, Audit, and senior management.

- Support broader US Equities and global equities risk initiatives as required.

- Degree educated in a quantitative discipline such as mathematics, physics, engineering, computer science, statistics, financial mathematics, finance, or economics.

- Minimum 5 years' relevant experience covering equity derivatives, structured equity products, market risk management, trading, structuring, quantitative analysis, product control, model risk, or a related capital markets function.

- Strong understanding of equity derivatives and structured products, including options, swaps, exotics, structured notes, volatility, correlation, dividend, financing, liquidity, and hedging risks.

- Experience reviewing market risk exposures, stress testing results, Greeks, P&L explain, limit frameworks, transaction-level risk, and portfolio concentrations.

- Good appreciation of the regulatory and governance expectations applicable to complex equity derivatives and structured products at large financial institutions, including policies and procedures, risk appetite, committee governance, pre-trade approval, model and methodology governance, limit frameworks, escalation standards, new business review, audit, and regulatory engagement.

- Ability to analyze complex derivatives payoffs and explain key market risk, model, liquidity, hedge ability, and basis-risk drivers in a clear, concise manner.

- Proven track record of working successfully with traders, structurers, quants, analysts, and senior management.

- Strong oral and written communication, planning, project management, networking, influencing, and stakeholder management skills.

- Working knowledge of SQL, Python, VBA, Power BI, Bloomberg, derivatives risk systems, or other risk analytics tools is preferred.

Primary Location Full Time Salary Range of $175,000 - $200,000.