Job Description

Prime Brokerage Quant Risk Analyst

Grab the opportunity to achieve your full potential! Eclaro is looking for a Prime Brokerage Quant Risk Analyst for our client in New York, NY.

Eclaro’s client is one of the world's largest financial institutions, committed to providing the tools and services that bridge the gap between customers and their goals. If you’re up to the challenge, then take a chance at this rewarding opportunity!

  • Cover the Equity Asset Management Services (EAMS) business within Global Banking & Markets, with a focus on quantitative strategies
  • The EAMS business includes Prime Brokerage, the Professional Trading Services Group and Global Custody

Preferred Skills:
  • Account Reviews: Perform risk analysis on client portfolios to determine appropriate collateral requirements including deep-dives into individual clients and client portfolios across EAMS which include:
    • Hedge Fund strategies ranging from fundamental long short equity, event driven, relative value, quantitative market neutral, CB Arbitrage, Fundamental and Relative Value Credit and Fixed Income
    • Professional Traders including equity, ETF and option market making, event driven, index relative value and high frequency trading
      • Work with Client Service, Sales and Clients directly to communicate and negotiate any required margin changes
  • Margin Methodology/Models:
    • Develop and specify rules based and risk based margin methodologies across different asset classes to fit risk appetite and policy
    • Work with stakeholders to implement margin methodologies including:
      • Technology to develop functional specifications for infrastructure implementation
      • Margin Operations to develop client reporting and workflow
      • Global Risk Analytics for model suitability and assessment
      • Client Service and Salespeople in assisting with client deployment
  • Infrastructure Development
    • Develop and specify requirements for improvements in risk measurement including:
      • Risk Dashboards to consolidate margin data across platforms and enforce uniformity of risk measurement and management
      • Margin methodologies and calculators
      • Stress testing and scenario analysis
      • Streamlining margin and risk infrastructure including Intraday Risk platform
    • Work with Technology to implement and test infrastructure improvements
  • Real Time Monitoring
    • Set intraday risk policy and appetite and monitor intraday risk
    • Work with Technology, Client Service, Sales and Onboarding Teams to ensure relevant client intraday risks are captured and monitored
  • Client Negotiations
    • Set market, liquidity and operational risk policy and ensure policy is appropriately codified in client contracts including Prime Brokerage Agreements, Term Margin Agreements, ISDAs, Futures & OTC Clearing Agreements
    • Serve as key escalation point-of-contact for Agreements & Documentation negotiators and client servicing personnel and make decisions on any exceptions

  • At least 2-5 years' experience directly in Prime Brokerage
  • Undergraduate degree in a quantitative discipline (Mathematics, Physics, Engineering or Computer Science); Graduate Degree in Finance or quantitative discipline preferred
  • Derivatives knowledge & experience, and experience with quantitative analysis
  • Ability to communicate effectively with senior stakeholders and work with clients and client facing personnel including Client Service, Sales and Relationship Management
  • Self-starter who is comfortable working on multiple projects, demonstrating initiative and showing commercial impact

Interested in applying? Contact Adrian Miranda at now.

Equal Opportunity Employer: Eclaro values diversity and does not discriminate based on Race, Color, Religion, Sex, Sexual Orientation, Gender Identity, National Origin, Age, Genetic Information, Disability, Protected Veteran Status, or any other legally protected group status.

Application Instructions

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