Market Risk Project Manager / Senior Project Manager

Job Summary

We are seeking an experienced Market Risk Project Manager with strong expertise in Investment Banking, Capital Markets, and Market Risk to lead strategic technology, regulatory, and risk-transformation initiatives.

The ideal candidate will have deep knowledge of Market Risk and Value at Risk (VaR), risk sensitivities, P&L, stress testing, fixed income, interest rate products, derivatives, and complex financial instruments. The candidate should be comfortable working closely with risk, trading, technology, and business stakeholders to drive large-scale initiatives from requirements through implementation.

Key Responsibilities

* Lead end-to-end Market Risk projects across technology, regulatory, and risk-transformation initiatives.
* Partner with Market Risk, Front Office, Quantitative Risk, Technology, and business stakeholders.
* Drive initiatives involving VaR, Risk Sensitivities, P&L, Stress Testing, and Risk Analytics.
* Work closely with teams supporting Fixed Income, Interest Rate Products, Derivatives, and Complex Derivatives.
* Demonstrate strong understanding of Total Return Swaps (TRS), Municipal Bonds, and Interest Rate Risk.
* Gather and translate business and risk requirements into actionable project deliverables.
* Manage project scope, timelines, dependencies, risks, issues, and stakeholder communications.
* Coordinate across technology and business teams to ensure successful delivery of strategic initiatives.
* Support regulatory and risk-management programs, ensuring timely delivery and appropriate documentation.
* Facilitate project meetings, status reporting, steering committee updates, and executive communications.
* Identify project risks and dependencies and develop mitigation strategies.
* Ensure projects follow appropriate governance, SDLC, Agile/Waterfall, and delivery standards.

Required Skills & Experience

* 10+ years of experience in Investment Banking, Capital Markets, Financial Services, or Risk Management.
* Strong experience as a Project Manager / Program Manager delivering Market Risk initiatives.
* Deep understanding of Market Risk and Value at Risk (VaR).
* Strong knowledge of:
    * Risk Sensitivities
    * P&L / P&L Attribution
    * Stress Testing
    * Fixed Income
    * Interest Rate Products
    * Interest Rate Risk
    * Derivatives
    * Complex Derivatives
    * Total Return Swaps (TRS)
    * Municipal Bonds
* Strong understanding of trading and risk-management processes.
* Excellent stakeholder management and communication skills.
* Experience working with Front Office, Market Risk, Quant, Technology, and Regulatory teams.
* Strong analytical, problem-solving, documentation, and project-management skills.
* Experience managing multiple workstreams and cross-functional teams.

Preferred Qualifications

* Experience with large-scale Market Risk transformation programs.
* Experience with regulatory initiatives and risk-platform implementations.
* Knowledge of risk systems, market data, pricing, valuation, and risk analytics platforms.
* PMP, Agile, Scrum, or equivalent project-management certification is a plus.

Keywords: Market Risk Project Manager, Investment Banking, Capital Markets, Market Risk, VaR, Value at Risk, Risk Sensitivities, P&L, Stress Testing, Fixed Income, Interest Rate Products, Derivatives, Complex Derivatives, TRS, Total Return Swaps, Municipal Bonds, Interest Rate Risk, Risk Transformation, Regulatory Projects, Banking, Financial Services.