Pipeline Risk Desk Manager

Compass Analytics New York , NY 10001

Posted 3 weeks ago

Compass Analytics is a leading provider of mortgage pricing and risk management analytics to financial institutions nationwide. Compass is actively seeking an experienced capital markets candidate in midtown New York to serve as Trade Desk Manager, lead our pipeline risk account management team, and contribute to the further development and delivery of our industry leading technology.

Requirements

  • At least five years capital markets experience with hands on experience in hedging pipelines, trading, pull-through modeling, best execution, profit/loss and position reconciliation, rate sheet creation, margin strategies, third party hedging and PPE solutions. MSR valuation, database and software development experience are a plus.
  • At least three years experience in successfully managing capital markets resources.
  • Customer service orientation, as this role requires the ability to work directly with multiple clients and lead account managers in the service they provide to multiple clients.
  • Strong written and verbal communication skills, presentation skills and attention to detail are a must.
  • Graduate or Undergraduate degree, preferably in a quantitative discipline such as economics, finance, computer science, MIS, mathematics, or physics.

Benefits

Competitive compensation based on experience, health benefits, 401(k) match, catered lunches and a fun and challenging work environment.

ABOUT COMPASS ANALYTICS:

Compass provides cutting-edge analytics, real-time advisory and active risk management services to mortgage originators, bankers, traders and investors. Compass platform is revolutionizing the way mortgages are priced and sold through the use of innovative real-time technology supported by client service, expertise, and guidance. Compass suite of tools includes CompassPoint, CompassPPE, CompassBid, CompassDirect, and CompassCommit. Compass is headquartered in San Francisco and has offices in Washington DC, New York City Irvine, California and Appleton, Wisconsin. Visit our web site at www.compass-analytics.com for more information.

Compass Analytics is an equal opportunity employer. You can review our EEO Policy at http://www.compass-analytics.com/about-us/careers/equal-employment-opportunity-policy/.

icon no score

See how you match
to the job

Find your dream job anywhere
with the LiveCareer app.
Mobile App Icon
Download the
LiveCareer app and find
your dream job anywhere
App Store Icon Google Play Icon
lc_ad

Boost your job search productivity with our
free Chrome Extension!

lc_apply_tool GET EXTENSION

Similar Jobs

Want to see jobs matched to your resume? Upload One Now! Remove
Market Risk Corporate Credit Risk Manager Associate

Morgan Stanley

Posted Yesterday

VIEW JOBS 4/24/2019 12:00:00 AM 2019-07-23T00:00 Morgan Stanley Morgan Stanley is a leading global financial services firm providing a wide range of investment banking, securities, investment management and wealth management services. The Firm's employees serve clients worldwide including corporations, governments and individuals from more than 1,200 offices in 43 countries. The talent and passion of our people is critical to our continued success as a firm. Together, we share four core values rooted in integrity, excellence and strong team ethic: 1. Putting Clients First 2. Doing the Right Thing 3. Leading with Exceptional Ideas 4. Giving Back Morgan Stanley is committed to helping its employees build meaningful careers and we strive to be a place for people to learn, achieve and grow. Firm Risk Management Firm Risk Management (FRM) enables Morgan Stanley to achieve its business goals by partnering with business units across the Firm to realize efficient risk-adjusted returns, acting as a strategic advisor to the Board and protecting the Firm from exposure to losses as a result of credit, market, liquidity, operational, model and other risks. Our mission is to serve as the follow roles: * Independent agent to set consistent principles and disciplines for risk management * Strategic advisor to Firm management for setting risk appetite and allocating capital * Industry leader to influence and meet regulatory standards You will collaborate with colleagues across FRM and the Firm to protect the Firm's capital base and franchise, advise businesses and clients on risk mitigating strategies, develop tools and methodologies to analyze and monitor risk, contribute to key regulatory initiatives and report on risk exposures and metrics to enable informed and strategic decision-making. Through thoughtful analysis and clear communication we are best able to bring our ideas to the table and improve the Firm. Firm Risk Management values diversity and is committed to providing a supportive and inclusive workplace for all employees. Firm Risk Management's unique franchise promotes: ü Flat, flexible and integrated global organization ü Collaboration and teamwork ü Credible, independent decision-making ü Organizational influence ü Creative and practical solutions ü Meritocratic and diverse culture Background on the Position The role will reside within the Firm Risk Management's Market Risk Department ("MRD") which is responsible for the independent identification, measurement, monitoring, reporting, challenge, and escalation of market risk arising from the Firm's trading and non-trading activities. In particular, this role is part of the Traded Credit team. This has coverage responsibilities for the full spectrum of credit products and associated hedges traded within Morgan Stanley's Institutional Securities Group ("ISG"), including corporate credit, municipal credit, structured credit and securitized products. The experienced candidate will contribute primarily through their coverage of investment grade, high yield and distressed Trading while also assisting in the coverage of credit index, options and tranche trading. Primary Responsibilities * Monitor real-time and end-of-day risks through the review of VaR, portfolio Greeks, liquidity profiles, Front Office risk system outputs and limit monitoring amongst other things * Make risk decisions that align with the Firm's risk appetite and incentivize appropriate risk-taking behavior. Such decisions include—but are not limited to—analyzing and approving large or complex trades, designing and setting risk limits and deciding capacity allocation * Interface with traders on a daily basis and articulate the above risk decisions * Communicate the trading desk's risk profile, trading strategy and governance framework to senior management, regulators and other internal control groups * Execute traded credit-related projects including—but not limited to—FRTB, VaR development and stress test creation and calibration Skills Required * Highly developed oral and written communication skills * Self-motivation and interest in collaborating within a team and with stakeholders as well as learning about financial risks * Experience using a variety of inputs such as scenario analysis, VaR, stress testing and risk measures/Greeks to perform comprehensive risk analyses * Comfort using a variety of technology tools such as Excel, SQL and statistical software packages to analyze market risk Skills Preferred * Knowledge particularly in traded credit products, securitized products or other complex, interest rate-sensitive products is preferred Experience * Bachelor's degree required; Master's degree or higher preferred * A minimum 2 years of work experience in the financial services industry (particularly risk management, sales and trading or banking) Morgan Stanley New York NY

Pipeline Risk Desk Manager

Compass Analytics