Junior Quantitative Risk Analyst Akuna Capital · Chicago, United States 8 hours ago

Tradermath; Chicago (IL); Hybrid; USD 81,000 - 99,000; Full time

Benefits offered by this job

Discretionary bonus

Comprehensive benefits

Job summary

Akuna Capital in Chicago seeks a Junior Quantitative Risk Analyst to join our Risk Department. You will contribute to measuring and controlling market and execution risks, working with traders, developers and analysts to build smart protections around trading activity.

The role emphasizes quantitative skills, Python programming, and a fast, precise response to changing market conditions. Candidates with a quantitative degree and knowledge of options theory will thrive in our collaborative,

Qualifications

• Finance experience or knowledge of options theory
• Programming experience (Python); SQL preferred
• Numerical problem-solving and programming skills
• Independent thinker, motivated with great attention to detail
• A degree in a quantitative field, or evidence of mathematical and quantitative skill
• The ability to react quickly and accurately to rapidly changing market conditions, including the ability to quickly and accurately respond and/or solve math and coding problems are essential functions of the role

Responsibilities

• Work as a part of a small Risk team and alongside Developers and Analysts to build efficient and smart protections around Akuna’s trading
• Collaborate with Developers to improve our risk infrastructure, implementing risk measures and automated reporting
• Work directly inside Akuna’s highly abstract and automated computational framework
• Develop new ways to quantify risk and performance measures, working with market and historical data
• Assist in the setting, testing and monitoring of internal, exchange and third-party trading system and positional limits

Skills

Finance knowledge

Options theory

Python

Numerical problem-solving

Programming

Independent thinking

Quantitative degree

Education

Degree in quantitative field

Tools

SQL

Job description

About Akuna:

Akuna Capital is an innovative trading firm with a strong focus on collaboration,cutting-edgetechnology, data driven solutions, and automation. We specialize in providing liquidity as an options market-maker – meaning we are committed to providing competitive quotes that we are willing to both buy and sell. To do this successfully, we design and implement our own low latency technologies, trading strategies, and mathematical models.

Our Founding Partnersfirst conceptualized Akuna in their hometown of Sydney. They opened the firm’s first office in 2011 in the heart of the derivatives industry and the options capital of the world – Chicago. Today, Akuna is proud to operate from additional offices in Sydney, Shanghai, London and Singapore.

What you’ll do as a Junior Quantitative Risk Analyst at Akuna:

We are looking for a motivated and talented individual to join our growing Risk Department. This role is part of a major investment in measuring and controlling market and execution risks where you will work on new development projects at the intersection of trading, options theory and automation. This is a great opportunity for someone looking to grow and evolve with our firm! In this role, you will:

• Work as a part of a small Risk team and alongside Developers and Analysts to build efficient and smart protections around Akuna’s trading
• Collaborate with Developers to improve our risk infrastructure, implementing risk measures and automated reporting
• Work directly inside Akuna’s highly abstract and automated computational framework
• Develop new ways to quantify risk and performance measures, working with market and historical data
• Assist in the setting, testing and monitoring of internal, exchange and third-party trading system and positional limits

Qualities that make great candidates:

• Finance experience or some knowledge of options theory
• Programming experience (e.g., Python); SQL is preferred but not required
• Numerical problem-solving and programming skills
• Independent thinker, motivated with great attention to detail
• A degree in a quantitative field, or evidence of mathematical and quantitative skill
• The ability to react quickly and accurately to rapidly changing market conditions, including the ability to quickly and accurately respond and/or solve math and coding problems are essential functions of the role

In addition to technical skillsets, Akuna values the unique perspectives people can bring to the table to collaboratively solve complex problems and drive Akuna forward.

In accordance with Illinois Equal Pay Act, the minimum base salary starts at $90,000. Exact compensation offered may vary based on many factors including, but not limited to, the candidate’s experience, qualifications, and skill set. This role is also eligible for a discretionary performance bonus as part of the total compensation package and includes a comprehensive benefits package that may encompass employer-paid medical, dental, vision, retirement contributions, paid time off, and other benefits. The minimum base salary herein was determined in good faith by Akuna Capital LLC.