Madison-Davis, LLC
Base pay range
$250,000.00/yr - $350,000.00/yr Title:
Head of Prime Brokerage Risk Base Salary:
$250k – $350k base salary and $400k to $450k total compensation Overview
We are seeking a highly skilled Risk Manager to take on a leadership role within a Prime Brokerage business. This position offers the opportunity to oversee daily risk management processes, lead critical discussions with senior stakeholders, and directly influence the firm’s approach to market and counterparty risk. With exposure to large-cap equities and fixed income, this role provides an exciting opportunity for an experienced risk professional to make a significant impact while growing into a leadership track role. Key Responsibilities
Lead the daily risk management function for Prime Brokerage, including oversight of client leverage, exposures, and new account reviews. Run daily morning meetings with senior stakeholders to review portfolio positions, exposures, and client activity. Oversee client portfolios primarily in large-cap equities with some exposure to U.S. Treasuries and Agency securities. Evaluate and approve new client onboarding, with a focus on ISDA terms, creditworthiness, and risk frameworks. Manage one direct report, providing guidance, mentorship, and performance oversight. Monitor intraday and end-of-day exposures to ensure alignment with risk appetite and regulatory standards. Collaborate with front office, compliance, legal, and operations to maintain a holistic approach to risk management. Conduct stress testing, scenario analysis, and portfolio reviews to identify potential vulnerabilities. Develop and refine risk policies, procedures, and reporting tailored to Prime Brokerage activities. Seniority level
Director Employment type
Full-time Job function
Finance
#J-18808-Ljbffr
$250,000.00/yr - $350,000.00/yr Title:
Head of Prime Brokerage Risk Base Salary:
$250k – $350k base salary and $400k to $450k total compensation Overview
We are seeking a highly skilled Risk Manager to take on a leadership role within a Prime Brokerage business. This position offers the opportunity to oversee daily risk management processes, lead critical discussions with senior stakeholders, and directly influence the firm’s approach to market and counterparty risk. With exposure to large-cap equities and fixed income, this role provides an exciting opportunity for an experienced risk professional to make a significant impact while growing into a leadership track role. Key Responsibilities
Lead the daily risk management function for Prime Brokerage, including oversight of client leverage, exposures, and new account reviews. Run daily morning meetings with senior stakeholders to review portfolio positions, exposures, and client activity. Oversee client portfolios primarily in large-cap equities with some exposure to U.S. Treasuries and Agency securities. Evaluate and approve new client onboarding, with a focus on ISDA terms, creditworthiness, and risk frameworks. Manage one direct report, providing guidance, mentorship, and performance oversight. Monitor intraday and end-of-day exposures to ensure alignment with risk appetite and regulatory standards. Collaborate with front office, compliance, legal, and operations to maintain a holistic approach to risk management. Conduct stress testing, scenario analysis, and portfolio reviews to identify potential vulnerabilities. Develop and refine risk policies, procedures, and reporting tailored to Prime Brokerage activities. Seniority level
Director Employment type
Full-time Job function
Finance
#J-18808-Ljbffr