AVP, Prime Brokerage Risk Analyst

We are seeking a highly skilled professional to join our Risk Management team and take on the role of AVP, Prime Brokerage Risk. In this position, you will be responsible for overseeing and evaluating the risk associated with prime brokerage and financing activities involving hedge funds and institutional clients. Your expertise will be crucial in challenging risk assumptions, monitoring exposures, and collaborating with various teams to implement effective risk management strategies. The ideal candidate will have a strong understanding of prime brokerage products, hedge fund strategies, and market dynamics, along with excellent communication skills to engage with senior stakeholders.

• Perform independent risk assessments of prime brokerage clients, including hedge funds and institutions.
• Monitor and analyze counterparty exposures across various activities such as Prime Brokerage, Margin Lending, and Securities Financing Transactions.
• Review and challenge Front Office recommendations for client onboarding, credit approvals, and limit requests.
• Evaluate collateral arrangements, margin methodologies, and financing structures to ensure compliance and manage risks.
• Assess hedge fund investment strategies, portfolio liquidity, and operational risk factors to identify potential issues.
• Conduct stress testing and scenario analysis to evaluate potential losses and develop risk mitigation strategies.
• Monitor daily risk metrics, margin utilization, and financing exposures to identify and address any breaches or concerns.
• Partner with Credit Risk, Market Risk, and other teams to ensure robust risk controls and governance frameworks are in place.
• Prepare comprehensive risk reports, portfolio analyses, and presentations for senior management and risk committees.
• Support regulatory compliance, internal audits, and the continuous enhancement of prime brokerage risk management processes.

Qualifications

• 3+ years of experience in Prime Brokerage Risk, Counterparty Risk, Credit Risk Management, Market Risk, or a related risk function within an investment bank, broker-dealer, or financial institution.
• Strong understanding of Prime Brokerage products and services, including Margin Lending, Securities Financing Transactions, Stock Loan/Borrow, Repo, Futures, and Derivatives.
• Knowledge of hedge fund structures, trading strategies, leverage mechanisms, and portfolio financing arrangements.
• Experience analyzing counterparty exposure, collateral management, margin frameworks, and liquidation risk.
• Strong analytical and quantitative skills with the ability to interpret complex portfolio and exposure data.
• Understanding of stress testing methodologies, scenario analysis, and risk monitoring practices.
• Excellent written and verbal communication skills, with experience preparing risk memoranda and senior management presentations.
• Ability to challenge assumptions, exercise independent judgment, and influence stakeholders across Front Office and Control functions.
• Familiarity with regulatory requirements impacting prime brokerage and broker-dealer activities is preferred.
• Experience with risk reporting tools, exposure management systems, and data analytics platforms is advantageous.
• Bachelor's degree in Finance, Economics, Mathematics, Accounting, Engineering, or a related field required.
• CFA, FRM, MBA, or other relevant professional designations preferred.

 

Salary: $120,000 - $140,000 + Bonus

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