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Phaxis

VP - Prime Brokerage Risk

Phaxis, New York, New York, us, 10261

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Base pay range $150,000.00/yr - $185,000.00/yr

Growing broker dealer client is seeking a highly analytical and detail‑oriented Credit & Market Risk Analyst to join their Risk Management team. This role is critical in assessing and mitigating counterparty and institutional client risk across equity, options, and fixed‑income markets, with a particular focus on Portfolio Margin, Prime Brokerage, Repo, and Securities Lending exposure.

Key Responsibilities

Assess margin requirements and potential stress losses of Prime Brokerage and Portfolio Margin clients.

Monitor daily credit and market risk exposures across key business lines:

Portfolio margin accounts

Fixed income repo and securities lending

Deliver accurate and timely measurement of exposure at both counterparty and portfolio levels to support informed credit decisions.

Monitor firm deposits and exposure at central clearing counterparties (DTC, NSCC, OCC, FICC).

Quantify the potential impact of new relationships or transactions on CCP deposit requirements.

Investigate and reconcile discrepancies in client portfolios, including mark‑to‑market misalignments and yield curve mismatches.

Qualifications

Bachelor's degree from a four‑year accredited institution, preferably in Finance, Economics, Mathematics, or a related discipline.

5+ years of experience in credit and market risk, preferably within a broker‑dealer or financial institution.

Proven experience analyzing risk in portfolio margin or prime brokerage client portfolios.

In‑depth knowledge of asset classes including Equities, Options, Corporate Bonds, Municipal Bonds, MBS, TBAs, and U.S. Treasuries.

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