Front Office/Market Risk

Atlas Search; New York (NY); On-site; USD 120,000 - 180,000; Full time

Job summary

Atlas Search in New York seeks a Risk Analyst to support the Firm’s risk management function with emphasis on market risk oversight across equities and derivatives. You will partner with Trading, Operations, Finance, Compliance, and Technology to strengthen governance, surveillance, reporting, and automation through data analysis and programming.

To succeed, candidates should have 5+ years of market risk experience, strong knowledge of VaR and stress testing, and proficiency in Python/SQL for

Qualifications

• 5+ years in market risk and/or front-to-back risk management within a financial services firm.
• Equities and derivatives exposure required.
• Proficiency in data analysis and automation (Python/SQL preferred; Excel/VBA a plus).

Responsibilities

• Monitor and report risk metrics including VaR, stress testing, scenario/sensitivity analysis, and RWA concepts.
• Track exposures, limits, and concentrations across equities/derivatives; investigate and escalate breaches and emerging risks.
• Manage daily margin and collateral processes (IM/VM), including margin calls, dispute resolution, collateral eligibility/haircuts, substitutions, and exception escalation.
• Apply and support margin methodologies including OCC SPAN; analyze drivers of margin changes and support risk oversight.
• Work across risk management systems and trading platforms to validate positions/valuations, reconcile breaks, and support UAT/system enhancements.
• Build and automate risk reporting and controls using data analysis and programming.

Skills

Python/SQL

Data analysis

Cross-functional collaboration

Communication

Excel/VBA

Education

Bachelor's degree in Finance/Math/CS

Tools

Python (pandas)

SQL

Excel VBA

Risk management systems

Job description

Our firms seeks a Risk Analyst in the New York office to support the Firm’s risk management function, with an emphasis on market risk oversight, controls, and risk analytics across global equities and derivatives. In this role, you will partner closely with Trading, Operations, Finance, Compliance, and Technology to strengthen risk governance, surveillance, reporting, and automation.

Key Responsibilities

• Monitor and report risk metrics including VaR, stress testing, scenario/sensitivity analysis, and RWA concepts (as applicable).
• Track exposures, limits, and concentrations across equities/derivatives; investigate and escape breaches and emerging risks.
• Manage daily margin and collateral processes (IM/VM), including margin calls, dispute resolution, collateral eligibility/haircuts, substitutions, and exception escalation.
• Apply and support margin methodologies including OCC SPAN; analyze drivers of margin changes and support risk oversight (forecasting is not required).
• Work across risk management systems and trading platforms to validate positions/valuations, reconcile breaks, and support UAT/system enhancements.
• Build and automate risk reporting and controls using data analysis and programming.

Company Requirements:

Qualifications

• 5+ years of experience in market risk and/or front-to-back risk management within a financial services firm; equities and derivatives exposure required.
• Strong understanding of market risk concepts (VaR, stress testing, scenario/sensitivity analysis); familiarity with RWA concepts a plus (as applicable).
• Working knowledge of margin methodologies and collateral processes (IM/VM); OCC SPAN familiarity preferred; ability to analyze margin drivers and exceptions (forecasting not required).
• Experience working with risk systems and trading platforms, including resolving position/valuation/data issues and partnering on system enhancements.
• Proficiency in data analysis and automation (Python and/or SQL strongly preferred; advanced Excel/VBA a plus).
• Strong communication skills, sound judgment, and ability to work cross-functionally in a controlled environment.