Executive Director - Market Risk Manager, Head of XVA Coverage, US (Risk Management)

Executive Director - Market Risk Manager, Head Of XVA CoverageThis role sits within the Market Risk Department (MRD) and provides senior leadership and strategic oversight of XVA-related market risks across the Firm, including CVA, FVA and other valuation adjustments. The team lead of the market risk XVA team in the US is accountable for setting risk direction, influencing business decisions exercising senior judgement, applying subject matter expertise and leading engagement with Front Office and senior stakeholders across the Firm.

The role focuses on governance, escalation, XVA market risk framework ownership and people leadership, while also having significant involvement in the day to day activities of the desk including large trade approvals, limit setting.Key ResponsibilitiesSenior Risk Ownership & JudgementProvide executive-level oversight of XVA market risk exposures, ensuring risks are appropriately identified, challenged, and governed within the Firm's risk appetite.Exercise independent senior judgement on complex, high-impact risk matters, including portfolio concentrations, tail risks, and stress outcomes.Act as an escalation point within MRD XVA coverage for material risk issues.Leadership & Stakeholder ManagementLead the US XVA Coverage team within MRD, setting strategy, priorities, and coverage standards.Serve as a senior risk counterpart to Front Office management, influencing strategic decisions and ensuring robust risk debate.Represent XVA market risk in senior governance forums, committees, and regulatory interactions.Framework Ownership & Strategic ChangeOwn and evolve the XVA market risk framework, including stress testing, limit structures, and risk metrics.Sponsor and drive strategic initiatives with teams executing under direction.People Leadership & Talent DevelopmentLead a team of 7 risk managers located in NY and Budapest.Develop and mentor risk managers, building depth, succession, and consistency of judgement.Experience & ProfileExtensive experience in market risk, counterparty risk, or trading risk within a global investment bank.Demonstrated depth of expertise in financial products, markets, and XVA-related risks, with the ability to apply seasoned judgement.Strong people leadership and stakeholder