Senior Vice President- FCM & FX Risk Manager

Job Overview

Senior Vice President, Market Risk Analytics Manager FICCS – Chicago office – responsible for providing market risk analysis on futures, options on futures, FX, power products, and fixed income as part of the Risk and Credit Group.

Responsibilities

• Monitor client trading across multi‑asset classes and create risk monitoring reports
• Design SQL queries and relational databases to support daily tasks and automate reports
• Manage team that issues intraday/overnight calls and risk limit breaches to clients, while answering and investigating any inquiries or disputes
• Calibrate risk systems and reporting for daily monitoring and management reporting packages
• Oversee and manage Stress Testing and 1.73 liquidation reports
• Inspect client performances by evaluating intraday/overnight profit & losses and stress tests to identify any potential dangers and present protective measures against price fluctuations of client positions
• Perform as a backup for daily approval of outgoing wires and ACHs
• Manage and conduct reports on various Exchange Default Management Systems
• Perform other tasks and duties as assigned and required

Experience & Skills

• Bachelor's Degree from an accredited university, preferably in Business Administration or other related field
• Minimum 15+ years of experience in futures, FX, and fixed income
• Strong knowledge and experience in Power, Energy Futures, products and exchange requirements, standards, and best practices
• Experience with exchange margin tools and ability to produce and analyze the margin requirements for various exchange margin platforms such as CME, ICE, Nodal, etc.
• Familiarity with options and understanding of option strategies; experience with energy products with limit setting for contracts, margin, risk and Globex credit limits
• Background in developing and maintaining risk policies, processes, procedures, and standards
• Execute SQL queries and apply knowledge of database infrastructure, with experience using Tableau
• Ability to manage across multiple competing priorities and time‑sensitive initiatives
• Strong ability to work independently, delegate duties and develop team relationships
• Excellent written and verbal communication skills

Benefits

• Comprehensive medical, dental, and vision coverage with multiple health plan options for you and your family
• Health Savings Account with company‑sponsored contributions
• Flexible Spending Accounts (FSA) traditional and dependent care
• Pre‑Tax Commuter Benefits
• 401(k) plan with discretionary, competitive company matching and profit‑sharing contributions
• Tuition reimbursement up to $5,250/year
• 3 weeks of Paid Time Off
• 2 weeks of Paid Sick Time (may vary by location)
• 10 Paid Holidays
• Charitable Donation Matching Contributions
• Paid Leave (Parental Bonding, Military, Jury Duty, Volunteer Time Off, Disability, etc.)
• FINRA License Sponsorship
• Travel & Employee Assistance and Employee Discount Programs

Compensation: The reasonable estimate of the compensation range for this role has not been adjusted for the applicable geographic location. The current range is $180,000 to $250,000. Colleagues may be eligible for additional, discretionary incentive compensation based on the colleague's and the firm's performance. Decisions regarding compensation are determined on a case‑by‑case basis and are dependent on a variety of factors including but not limited to skill sets, experience, training, licensure and certifications, and other business and organizational needs.

Wedbush Securities (WS) is proud to be an Equal Employment Opportunity employer. WS does not discriminate based on race, religion, color, creed, sex, sexual orientation, gender, gender identity or expression, national origin, ancestry, citizenship status, registered domestic partner status, uniform service member status, marital status, pregnancy, age, medical condition, disability, genetic information, family care or medical leave status, or any other consideration made unlawful by applicable federal, state, or local laws, or on the basis that an applicant or Colleague is perceived to have these characteristics or is associated with someone who is perceived to have these characteristics. WS aims to foster a culture of inclusion where all Colleagues are valued for their unique contributions to the firm as well as provided equal opportunities to succeed.

Wedbush uses E‑Verify, an Internet‑based system, to confirm the eligibility of all newly hired employees to work in the United States. Learn more about E‑Verify, including your rights and responsibilities here

This position is subject to various laws or regulations that impose restrictions or prohibitions for employment with Wedbush due to criminal history. Those laws or regulations include but are not limited to, the following: Securities Exchange Act of 1934 (SEA) Rule 17a‑3, et. seq., Financial Industry Regulatory Authority (FINRA) Rules 3110(e), Rule 4530(a), etc., and FINRA Regulatory Notice 07-55.