Director Spread Products Market Risk, Securitized Credit & Fixed Income

Title: Director Spread Products Market Risk, Securitized Credit & Fixed Income

Office Status: Hybrid New York, NY

Base Salary: $160k $235k + Discretionary Bonus

ABOUT THE ROLE

This Director-level opportunity sits within the Spread Products Market Risk function of a well-established global financial institution, offering senior leadership of market risk oversight across Agency and Non-Agency Securitized Products, Corporate Credit, and Municipal Products. The role carries genuine authority shaping the limits framework, making pre-approval decisions on complex trades, challenging trading mandates, and driving risk analytics improvements while serving as the primary market risk partner to Trading Heads and a credible voice to senior management and regulators. It's the right seat for a seasoned market risk professional with 10+ years of experience and deep Agency securitized products expertise who combines strong quantitative skills with the executive presence to lead a high-visibility function in a fast-paced trading desk environment.

RESPONSIBILITIES

• Lead market risk monitoring, analysis, and reporting across Spread Products including Agency MBS/TBAs/CMOs, Non-Agency Securitized Products (ABS, CLO, RMBS, CMBS), Corporate Credit (IG/HY/EM Bonds, Leveraged Loans, CDS/CDX), and Municipal Products
• Shape and maintain the limits framework;manage desks'daily compliance with limits;make decisions on trade reviews, risk assessments, and pre-approvals
• Interpret and challenge risk trends including VaR, risk sensitivities, and stress testing results;monitor market conditions and translate trading patterns and exposure trends into actionable insights for senior management, regulators, and key stakeholders
• Partner directly with Trading Heads across covered desks to ensure well-balanced risk taking aligned with business goals and risk appetite
• Strengthen risk controls;improve business policies, procedures, and methodologies;challenge trading mandates where appropriate
• Lead internal projects to enhance market risk systems, analytics, and reporting capabilities in support of existing and new products;drive deployment of new product risk frameworks and methodology reviews