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Vice President Market Risk Jobs (NOW HIRING)

Wedbush

Vice President, Market Risk Manager

Chicago, IL · On-site

$125K - $200K/yr

Our Chicago office is hiring for an experienced Vice President, Market Risk Analytics Manager FICCS to join our Risk and Credit Group. The primary function of this role is to act as a Market Risk ...

Barclays

Equities Markets Risk VP

New York, NY · On-site

Steer and execution projects of market risk wide-significance e.g. FRTB, One Risk, as required. Vice President Expectations * To contribute or set strategy, drive requirements and make ...

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$85.5K

$176.7K

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How much do vice president market risk jobs pay per year?

As of Jun 18, 2026, the average yearly pay for vice president market risk in the United States is $176,675.00, according to ZipRecruiter salary data. Most workers in this role earn between $137,000.00 and $205,000.00 per year, depending on experience, location, and employer.

How does a Vice President of Market Risk typically collaborate with other departments within a financial institution?

A Vice President of Market Risk often works closely with trading, portfolio management, and finance teams to assess and manage the institution's exposure to market fluctuations. They regularly communicate risk assessments and recommendations to senior management and collaborate with compliance and audit teams to ensure adherence to regulatory standards. The role requires strong cross-functional coordination to implement risk mitigation strategies and to keep all stakeholders informed about emerging risks and market trends.

What are the key skills and qualifications needed to thrive as a Vice President of Market Risk, and why are they important?

To thrive as a Vice President of Market Risk, you need deep expertise in risk management, financial markets, quantitative analysis, and typically an advanced degree in finance, economics, or a related field. Familiarity with risk modeling tools (such as VaR, Monte Carlo simulations), programming languages (like Python, R), and regulatory systems (such as Basel III) is crucial. Strong leadership, analytical thinking, and effective communication skills help drive collaboration and clear risk reporting across teams. These abilities are essential to identify, assess, and mitigate market risks, ensuring the financial stability and regulatory compliance of the organization.

What does a Vice President of Market Risk do?

A Vice President of Market Risk is responsible for identifying, analyzing, and managing risks related to market movements that could impact a financial institution's portfolio. They develop risk assessment models, monitor market trends, and ensure compliance with regulatory requirements. This role often involves collaborating with trading, investment, and compliance teams to create strategies that mitigate potential losses. Additionally, they report on risk exposures to senior management and recommend actions to optimize risk-return profiles.

What is the difference between Vice President Market Risk vs Risk Manager?

AspectVice President Market RiskRisk Manager
CredentialsBachelor's/Master's in Finance, Economics, or related; CFA or FRM often preferredBachelor's/Master's in Finance, Economics, or related; CFA or FRM often preferred
Work EnvironmentStrategic, senior-level decision-making in financial institutionsOperational risk assessment and implementation at departmental level
Industry UsageCommon in banking, investment firms, and financial servicesWidespread across financial institutions, corporations, and consulting

The Vice President Market Risk typically holds a senior, strategic role focused on overseeing market risk policies and risk appetite at an organizational level. In contrast, a Risk Manager handles day-to-day risk assessments and implements risk mitigation strategies. Both roles require similar credentials but differ in scope, responsibility, and seniority within the organization.

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What are the most commonly searched types of Market Risk jobs? The most popular types of Market Risk jobs are:
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What job categories do people searching Vice President Market Risk jobs look for? The top searched job categories for Vice President Market Risk jobs are:
Vice President Market Risk jobs near you

Vice President, Market Risk Analytics & Data Engineering

Sumitomo Mitsui Financial Group, Inc.

Manhattan, NY • Hybrid

$155K - $195K/yr

Other

Posted 28 days ago

Job description

 SMBC Group is a top-tier global financial group. Headquartered in Tokyo and with a 400-year history, SMBC Group offers a diverse range of financial services, including banking, leasing, securities, credit cards, and consumer finance. The Group has more than 130 offices and 80,000 employees worldwide in nearly 40 countries. Sumitomo Mitsui Financial Group, Inc. (SMFG) is the holding company of SMBC Group, which is one of the three largest banking groups in Japan. SMFG's shares trade on the Tokyo, Nagoya, and New York (NYSE: SMFG) stock exchanges.

In the Americas, SMBC Group has a presence in the US, Canada, Mexico, Brazil, Chile, Colombia, and Peru. Backed by the capital strength of SMBC Group and the value of its relationships in Asia, the Group offers a range of commercial and investment banking services to its corporate, institutional, and municipal clients. It connects a diverse client base to local markets and the organization's extensive global network. The Group's operating companies in the Americas include Sumitomo Mitsui Banking Corp. (SMBC), SMBC Nikko Securities America, Inc., SMBC Capital Markets, Inc., SMBC MANUBANK, JRI America, Inc., SMBC Leasing and Finance, Inc., Banco Sumitomo Mitsui Brasileiro S.A., and Sumitomo Mitsui Finance and Leasing Co., Ltd.

The anticipated salary range for this role is between $155,000.00 and $195,000.00. The specific salary offered to an applicant will be based on their individual qualifications, experiences, and an analysis of the current compensation paid in their geography and the market for similar roles at the time of hire. The role may also be eligible for an annual discretionary incentive award. In addition to cash compensation, SMBC offers a competitive portfolio of benefits to its employees.

Role Description

SMBC is seeking a highly skilled Vice President (VP) to join the Market Risk - Product and Data Management Team within the Risk Management Department, Americas Division (RMDAD). This role is central to enhancing SMBC's Market Risk analytics, data infrastructure, and reporting capabilities across the Combined U.S. Operations (CUSO).


The Vice President will bring a solid foundation in Market Risk fundamentals, including Value at Risk (VaR), stress testing, and interest rate sensitivities, combined with advanced Python based technical expertise. The role will focus on modernizing, streamlining, and automating Market Risk processes and models used for both regulatory and internal risk measurement.


This position plays a key role in enhancing existing analytical tools, improving model efficiency, and transforming manual or tactical workflows into robust, scalable, and well controlled automated solutions. The VP will ensure that all tools and models meet model risk management and governance expectations, supported by clear documentation, testing frameworks, and ongoing performance monitoring.
Experience with CCAR (Comprehensive Capital Analysis and Review) and Global Market Shock (GMS) processes is highly valued. The VP will contribute to the design, testing, and execution of stress testing frameworks, supporting regulatory submissions as well as delivering clear, actionable insights to senior management.

The position reports to the Head of the Product and Data Management Team, offering the opportunity to learn from and collaborate with seasoned Market Risk professionals across the Americas and Head Office. 

Role Responsibilities

   Develop, enhance, and maintain Market Risk analytical tools and data processes supporting CUSO regulatory and internal reporting.
   Utilize advanced Python programming to modernize risk models, automate workflows, and improve computational speed, scalability, and control environments.
   Support the preparation, execution, and analysis of CCAR and Global Market Shock (GMS) stress testing, including scenario design, risk factor mapping, and results interpretation.
   Convert existing manual Market Risk processes into automated, scalable, and well-governed solutions aligned with model and operational risk standards.
   Produce clear documentation for models, tools, and processes, ensuring alignment with SMBC governance, audit requirements, and regulatory expectations.
   Collaborate with Market Risk managers, IT partners, Front Office, Data Governance, and Head Office teams to strengthen data pipelines and improve risk analytics.
   Conduct system testing, UAT, and periodic tool performance reviews to ensure reliability, accuracy, and consistency of Market Risk outputs.

Qualifications and Skills

   Bachelor's degree in Finance, Business Administration, Economics, Mathematics, or related field
   Minimum of five years of experience working in a Market Risk management role
   Strong understanding of core risk management concepts: including Value-at-Risk (VaR), stress testing, and backtesting methodologies
   Advanced programming expertise in Python 

SMBC's employees participate in a Hybrid workforce model that provides employees with an opportunity to work from home, as well as, from an SMBC office. SMBC requires that employees live within a reasonable commuting distance of their office location. Prospective candidates will learn more about their specific hybrid work schedule during their interview process. Hybrid work may not be permitted for certain roles, including, for example, certain FINRA-registered roles for which in-office attendance for the entire workweek is required.

SMBC provides reasonable accommodations during candidacy for applicants with disabilities consistent with applicable federal, state, and local law. If you need a reasonable accommodation during the application process, please let us know at accommodations@smbcgroup.com.

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