Market Risk Analyst

DV Trading; Singapore; On-site; SGD 80,000 - 120,000; Full time

Job summary

A proprietary trading firm in Singapore is seeking an APAC Market Risk Analyst to oversee daily risk monitoring and reporting for trading portfolios. This role involves developing risk models and conducting stress tests focusing on international ETF trading. Candidates should have over 5 years of relevant experience, strong analytical skills, and proficiency in Excel and Python. The firm offers a vibrant work environment with opportunities to enhance risk processes and frameworks.

Qualifications

• 5+ years of market risk or equities trading experience, preferably in international ETF trading.
• Knowledge of ETF creation and redemption trading strategies.
• Experience understanding exchange margin requirements.

Responsibilities

• Monitor trading activities and identify risk scenarios.
• Develop risk models to enhance the risk framework.
• Conduct stress tests and scenario analysis.
• Review daily margin requirements and resolve issues.
• Maintain and monitor proprietary risk models.
• Generate firm overview reports like VAR and stress testing.

Skills

Market risk analysis

Communication

Analytical skills

Organizational skills

Excel

Python

VBA

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 an APAC Market Risk Analyst who will oversee daily risk monitoring, reporting, and market analysis of our trading portfolios. In addition, they will build and support more robust automation around our risk processes, reporting, and frameworks.

Responsibilities

• 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.


• 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.

Requirements

• 5+ years of market risk or equities trading experience, specifically with a focus on international ETF trading preferred.


• Knowledge of ETF creation and redemption trading and strategies.


• Experience understanding and monitoring exchange margin requirements and calculations.


• Excellent communication, analytical, and organizational 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.


• Hours: 7am - 4pm SGT

As set forth in DV Trading’s Equal Employment Opportunity policy, we do not discriminate on the basis of any protected group status under any applicable law.