Job Opportunities
Risk Analyst
Company: Dynex Capital, Inc.
Industry: Mortgage Real Estate Investment Trust (REIT)
Location: Glen Allen, VA
Overview
Dynex Capital, a leading mortgage REIT, is seeking a highly motivated Risk Analyst to join our Risk Management team. This role will analyze, measure, and mitigate financial and operational risks across various business units. The ideal candidate will have experience in financial services, specifically in Mortgage Backed Securities (MBS), Commercial Mortgage Backed Securities (CMBS), and derivatives along with a strong understanding of Risk and Control Self-Assessment (RCSA), audit methods, and general risk management frameworks.
This position is tailored for candidates with 3 to 7 years of relevant experience in quantitative finance, data analysis, or related fields.
Applicants must be authorized to work for any employer in the U.S.
Key Responsibilities
Risk Assessment & Analysis
- Evaluate financial and operational risks related to MBS, CMBS, and derivative instruments.
- Conduct Risk and Control Self-Assessments (RCSA) with stakeholders to identify, document, and mitigate key risks across business units.
- Perform quantitative and qualitative risk analysis to assess exposure to credit, market, liquidity, and operational risks.
Monitoring & Reporting
- Develop and maintain risk models, dashboards, and reporting frameworks to track key risk indicators.
- Collaborate with business teams to enhance risk reporting processes and improve risk transparency.
- Provide timely risk reports and insights to senior management, ensuring alignment with the firm's risk appetite.
Audit & Compliance Support
- Assist in preparing for internal and external audits, ensuring regulatory compliance with financial risk policies.
- Review and enhance risk controls in accordance with audit findings and industry best practices.
- Partner with internal teams to strengthen risk mitigation strategies and maintain regulatory compliance.
Financial Instrument Risk Management
- Monitor exposure and risk associated with structured finance products, including MBS and CMBS.
- Assess counterparty risk, valuation, and stress testing methodologies for overall risk position.
- Develop the ability to provide recommendations for risk mitigation strategies related to interest rate, credit, and market risk.
Collaboration & Stakeholder Engagement
- Work closely with business teams to ensure effective risk management integration.
- Develop the ability to communicate key risk insights and recommendations to stakeholders across various levels of the organization.
- Assist in the development, enhancement and implementation of risk management policies and procedures.
Qualifications
Experience & Skills
- 3-7 years of experience in risk management within financial services, particularly in fixed income, structured products, or derivatives.
- A solid understanding of fixed-income markets, particularly mortgage and interest rate instruments, is advantageous.
Education
- Education: Bachelor’s degree in Finance, Economics, Mathematics, or a related field.
- Advanced degree or risk certification preferred but not required.
Technical Skills
- Strong knowledge of MBS, CMBS, and derivatives.
- Proficiency in Risk and Control Self-Assessment (RCSA) methodologies.
- Experience with audit processes, SOX compliance, and internal risk controls.
Personal Attributes
- Detail-oriented, with a strong focus on accuracy and efficiency.
- Strong communication and interpersonal skills to collaborate effectively with team members.
- Ability to work cross-functionally and present complex risk findings to senior management.
- High level of integrity, professionalism, and ethical judgment.
- Demonstrated alignment with Dynex’s core values.