Global Head of Risk Management

Geneva Trading; Chicago (IL); On-site; USD 225,000 - 300,000; Full time

Benefits offered by this job

Performance-based bonus

Comprehensive benefits program

Job summary

A leading trading firm in Chicago is seeking a Global Head of Market Risk Management to define and enhance their risk management framework. The ideal candidate will have over 7 years in derivatives trading, strong analytical skills, and the ability to lead a global risk team. Responsibilities include assessing risks, managing trading limits, and collaborating with senior management. A competitive salary is offered along with a performance-based bonus and comprehensive benefits package.

Qualifications

• At least 7 years relevant experience as a Senior Risk Manager in a derivatives trading environment.
• Deep understanding of futures and options trading.
• Experience with various models to evaluate derivative market risk.

Responsibilities

• Define and enhance the firm’s Risk Framework.
• Work with Senior Management to assess risks for business lines.
• Supervise and manage the Risk team globally.

Skills

Risk management

Analytical modeling

Communication skills

Leadership

Education

Bachelor’s Degree in quantitative discipline

CFA, JD, or MBA

Job description

Founded in 1999, Geneva Trading is a premier global principal trading firm with strategically located offices in Chicago, Dublin, and London. Our relentless focus on trading excellence combined with technological innovation has equipped us with a best-in-class proprietary trading platform, enabling us to compete at the highest levels in the global markets. Rooted in a culture of integrity, collaboration, and an unwavering passion for progress, we foster an environment of personal and professional excellence. Our nimble organizational structure and entrepreneurial spirit attract top-tier talent with a passion for innovation, laying the foundation and driving our consistent success in the industry.

The Global Head of Market Risk Management will play a key role in the trading firm’s dynamic environment. This person will develop and apply analytic tools and techniques to define and enhance our risk management framework. This person will also identify and manage risks in Geneva’s existing and newly proposed trading strategies. The role will report to the COO and work closely with other members of the executive suite and board of directors.

How You Can Make An Impact

• Define and drive enhancements to the firm’s Risk Framework
• Update and maintain the firm’s Risk Manual as necessary
• Work closely with Senior Management on identifying and assessing risks of potential and existing business lines
• Participate in several management meetings per month
• Supervise and manage all employees of the Risk team globally
• Model, analyze, and optimize existing and new risk matrices
• Drive the development and implementation of analytical risk models to provide insight into the firm’s various trading activities
• Monitor risk on a real time basis, leveraging our monitoring and analysis framework to identify and communicate important risk-related information to traders and management
• Interpret and utilize quantitative results from risk reporting efforts and communicate these effectively
• Work directly with traders and senior management on escalated risk issues
• Collaborate with trading and development team members to design and employ risk controls in Geneva’s proprietary execution software
• Conduct regulatory reporting as required
• Manage trading limits and trading software risk settings within the firm
• Must be willing to receive training for new asset classes that the firm intends to participate in

What You'll Need

• Bachelor’s Degree or above in a quantitative discipline. (physics, finance, economics, econometrics, statistics, mathematics, or equivalent experience)
• CFA, JD, and/or MBA is a plus
• At least 7 years’ relevant experience as a Senior Risk Manager in a derivatives trading environment
• Experience with futures, options, cryptocurrency, and power trading strategies and risk management; trading through or managing risk through a market-crisis is highly preferred (i.e. 9/11 or 2008 events)
• Experience building various models to evaluate and represent derivative market risk, including Historical Simulation, VaR, Scenario Analysis/Stress Testing, Greeks, Option profiles, etc.
• Experience dealing directly with traders on risk-related issues
• Experience and comfort dealing directly with senior management on risk-related issues
• Deep understanding of futures and options trading (Fixed Income, FX, Equities, Commodities, etc.) and their Greeks
• Detailed knowledge of exchange traded derivative products with an emphasis on their risk characteristics
• Ability to handle high pressure situations
• Good communication and interpersonal skills
• Ability to manage others
• Desire to work in a fast paced, collaborative, and entrepreneurial environment
• Deep understanding of US, European and Asian regulatory environments including Dodd-Frank, Regulation Automated Trading (Reg AT), MiFID II and Japanese HST

Compensation

Base Salary Range: $225,000 - $300,000, plus eligibility for a performance-based bonus.

Final compensation will be determined based on the candidate’s skills, experience, education, and qualifications. In addition to base salary, Geneva Trading offers a competitive total rewards package, including a comprehensive benefits program. Learn more about our employee incentives here: https://www.genevatrading.com/employee-incentives/

Application expected to close: 6/01/2026

We are an equal opportunity employer and value diversity at our company. We do not discriminate on the basis of race, religion, color, national origin, gender, sexual orientation, age, marital status, veteran status, or disability status.