Junior Quantitative Risk Analyst: Automate & Model Risk

Akuna Capital; Chicago (IL); On-site; USD 81,000 - 99,000; Full time

Job summary

Akuna Capital in Chicago is seeking a Junior Quantitative Risk Analyst to join the Risk Department. You will work on measuring and controlling market and execution risks, collaborating with developers and analysts to build protections around trading and to enhance risk reporting.

The role emphasizes developing new risk metrics, working with market and historical data, and supporting the setup and monitoring of trading limits. A quantitative degree or strong math skills are essential.

Qualifications

• Finance experience or knowledge of options theory.
• Programming experience (Python); SQL preferred.
• Strong numerical problem‑solving and coding skills.
• Independent thinker with attention to detail.
• Degree in a quantitative field or demonstrated math skills.
• Ability to react quickly to changing market conditions.

Responsibilities

• Work with a small Risk team to build protections around Akuna’s trading.
• Collaborate with Developers to improve risk infrastructure and automated reporting.
• Work inside Akuna’s automated computational framework.
• Develop new ways to quantify risk and performance using market and historical data.
• Assist in setting, testing and monitoring internal, exchange and third‑party trading systems and positional limits.

Skills

Finance knowledge

Numerical problem solving

Independent thinker

Education

Quantitative degree

Tools

Python

SQL

Job description

Akuna Capital in Chicago is seeking a Junior Quantitative Risk Analyst to join the Risk Department. You will work on measuring and controlling market and execution risks, collaborating with developers and analysts to build protections around trading and to enhance risk reporting.

The role emphasizes developing new risk metrics, working with market and historical data, and supporting the setup and monitoring of trading limits. A quantitative degree or strong math skills are essential.