Office Status: Hybrid – Chicago, IL
Base Salary: $220k – $260k + Bonus
Overview
This SVP / Director-level opportunity offers a derivatives-focused market risk analytics role covering futures and options on futures, within the risk management organization of a well-established, self-clearing FINRA member broker-dealer and registered Futures Commission Merchant (FCM). The role blends quantitative risk modeling, portfolio-level stress and scenario analysis, and system calibration — an ideal fit for a derivatives risk professional who combines strong product and pricing intuition across futures and options with hands‑on SQL and quantitative analytics skills, and who thrives working across complex, fast-moving portfolios.
Key Responsibilities
- Monitor and analyze derivatives portfolio risk across futures and options on futures; build and maintain quantitative risk models and reporting for daily and management-level risk packages
- Design and maintain SQL queries and relational databases to support risk analytics, scenario modeling, and automated reporting workflows
- Issue intraday and overnight margin calls and risk limit breach notifications; investigate and resolve related inquiries and disputes
- Calibrate risk models, pricing/margin methodologies, and reporting infrastructure used in daily and management risk monitoring
- Design and conduct stress testing, scenario analysis, and liquidation modeling; evaluate intraday and overnight P&L and stress results to identify portfolio-level risk concentrations and recommend protective measures
- Conduct default management analysis and reporting across major U.S. futures exchanges and clearinghouses
- Set and monitor quantitative limits — contract, margin, risk, and exchange-level credit limits — across covered derivatives asset classes
- Develop and maintain risk models, policies, and methodologies aligned with derivatives regulatory frameworks (SEC, FINRA, NFA/CFTC)
- Perform other duties as assigned by senior management
SVP / Director – Derivatives Risk Analytics, Futures & Options in chicago at Unknown Company
This position is listed as contract and hybrid.