Senior Market Risk Analyst

DV Trading; Greater London; On-site; GBP 80,000 - 100,000; Full time

Job summary

A financial services firm in Greater London is seeking a Senior Market Risk Analyst to oversee daily risk monitoring, reporting, and market analysis of trading portfolios. The role involves developing risk models, conducting stress tests, and coordinating between clearing firms and traders. Candidates should have 4-6 years of experience in market risk or equities trading, strong analytical abilities, and proficiency in Excel, Python, and VBA. Join a dynamic team committed to financial integrity and risk management.

Qualifications

• 4-6 years of market risk or equities trading experience.
• Knowledge of ETF creation and redemption trading.
• Experience monitoring exchange margin requirements.

Responsibilities

• Liaison between clearing firms and traders for notices.
• Monitor trading activities to identify potential risks.
• Develop risk models to enhance the risk framework.
• Conduct stress tests and scenario analysis.
• Review daily margin requirements and resolve issues.
• Maintain proprietary risk models.
• Generate overview reports like VAR and stress testing.

Skills

Market risk analysis

Equities trading

Communication skills

Analytical skills

Organization skills

Tools

Excel

Python

VBA

Job description

Founded 19 years ago and headquartered in Chicago, the DV Group of financial services firms has grown to more than 450 people operating throughout the world. Since spinning out of a large brokerage firm in 2016, DV Trading rapidly scaled as an independent proprietary trading firm utilizing its own capital, trading strategies, and risk management methodologies to provide liquidity and hedging opportunities to financial participants, commodity producers and counterparties worldwide. DV Group affiliates also include two broker dealers, an introducing broker in commodities, a cryptocurrency market making firm, and several investment advisory firms.

Overview

DV Trading is looking for a Senior Market Risk Analyst who will oversee daily risk monitoring, reporting, and market analysis of our trading portfolios. In addition, they will help build and support more robust automation around our risk processes, reporting, and frameworks.

Responsibilities

• Liaison between the clearing firms and traders on notices sent from the clearing firms, including margin calls, option assignments, buy-in notices, and expiration notices.
• Monitor the firm’s trading activities and identify potential scenarios and positions that pose threats to the firm and individual trading groups.
• Develop risk models for the firm’s desks to enhance our risk framework.
• Conduct stress tests and scenario analysis on the firm’s positions, with a focus on ETF and international equities trading.
• Review the firm’s and individual trading group’s daily margin requirements and resolve any issues related to the exchange requirements.
• Maintain and monitor the firm’s proprietary risk models.
• Generate firm overview reports such as VAR, stress testing, intraday PnL, and various trading strategies, and flag any issues that are standing out.

Requirements

• 4-6 years of market risk or equities trading experience, specifically with a focus on commodity risk or international ETF trading.
• Knowledge of ETF creation and redemption trading and strategies.
• Experience understanding and monitoring exchange margin requirements and calculations.
• Excellent communication, analytical, and organization skills.
• Experience with Excel, Python, and/or VBA.
• Strong interest in the financial markets.
• Must be able to work both independently and as part of a team - should demonstrate curiosity, initiative, self-sufficiency, and the ability to learn quickly.

DV is not accepting unsolicited resumes from search firms. Only search firms with valid, written agreements with DV should submit resumes in response to DV’s posted positions. All resumes submitted by search firms to DV via e‑mail, the Internet, personal delivery, facsimile, or any other method without a valid written agreement shall be deemed the sole property of DV, and no fee will be paid in the event the candidate is hired by DV. DV is proud to be an equal opportunity employer and committed to creating an inclusive environment for all employees.