Associate, Market Risk Associate

Responsibilities

• Monitor market risk exposures for domestic and international equities trading desks.
• Support model integrity and back-testing for risk controls, including VaR and stress metrics.
• Analyze and validate equity stresses, Greeks, and VaR results.
• Build and maintain risk reporting tools using GUI, SQL, Excel/VBA, and AI technologies.
• Prepare daily and weekly risk summaries and support regulatory reporting.
• Collaborate with front-office trading desks to review limit usage and strategies.
• Proactively monitor and investigate deviations in trading activity.
• Track and reconcile P&L attribution with risk factor movements.
• Support multiple products/strategies, including equity options and OTC market making.
• Ensure adherence to internal risk policies and regulatory standards.

Qualifications

• Bachelor's degree in Finance, Economics, Mathematics, or related field.
• 2-5 years of experience in market risk management, with equity risk exposure.
• Strong programming skills, particularly SQL, for data analysis and reporting.
• Solid understanding of market risk concepts: VaR, stress testing, Greeks, etc.
• Experience with Fidessa and Bloomberg is preferred.
• Excellent communication skills for effective collaboration across teams.
• Ability to adapt and manage multiple priorities in a fast-paced environment.
• Proficiency in GUI, Excel/VBA, and Python is an asset.
• Familiarity with internal AI tools for risk management.
• A proactive and detail-oriented approach to risk monitoring and investigation.

Salary: $75,000 - $92,000 plus bonus 

The actual base salary will be determined on an individualized basis considering a wide range of factors including, but not limited to, relevant skills, experience, education, and, where applicable, licenses or certifications held. In addition to base salary and a competitive benefits package (including health, vision, and dental insurance, paid time off and a 401(k) retirement), this position may be eligible for additional types of compensation including discretionary bonuses and other short- and long-term incentives (e.g., deferred cash, equity, etc.).

We do not accept unsolicited resumes, candidate referrals, or outreach from third-party recruiters or staffing agencies. Any such submissions will be considered property of Cantor Fitzgerald and will not be eligible for any placement fee. Recruiters must have a signed agreement with our Talent Acquisition team and be invited to submit candidates for a specific role. Direct contact with hiring managers or employees is strictly prohibited.

#LI-DV1