Operational Risk Manager

Selby Jennings; Chicago (IL); On-site; USD 100,000 - 150,000; Full time

Job summary

An internationally leading quant trading firm is seeking an Operational Risk Manager in Chicago to enhance risk and control frameworks. The position involves close collaboration with the trading floor and advising stakeholders on risk mitigation strategies. Candidates should possess at least 5 years of Operational Risk experience, knowledge in market making or algo trading, and expertise in data analytics and AI tools. This role promises dynamic engagement in a high-stakes environment, requiring a strategic mindset.

Qualifications

• 5+ years of experience in Operational Risk management.
• Experience in market making, algo trading, or prop trading.
• Knowledge of regulatory frameworks.

Responsibilities

• Design and implement operational risk processes for trading and technology systems.
• Collaborate with stakeholders on operational risk management best practices.
• Investigate operational incidents and drive improvements to prevent recurrence.
• Develop risk reporting and metrics for senior stakeholders.
• Conduct risk and control assessments of business and technological processes.
• Build relationships to influence risk culture.

Skills

Operational Risk Management

Data Analytics

AI Tools

Market Making

Algo Trading

Education

Bachelor's degree or equivalent

Job description

An internationally leading quant trading firm in Chicago is hiring an Operational Risk Manager to enhance its risk and control frameworks by leveraging expertise in data analytics and AI. This role will collaborate closely with the trading floor and provide strategic advice to stakeholders across the firm on risk mitigation strategies. Ideal candidates will have experience in risk management within a trading environment and a strong background in data analytics and AI tools.

Responsibilities

• Design and implement operational risk to monitor processes for trading and technology systems
• Collaborate with business stakeholders and advise on operational risk management best practices
• Investigate operational incidents and drive systematic improvements to prevent recurrence
• Develop risk reporting and metrics to be communicated to senior stakeholders
• Conduct risk and control assessments of business and technological processes
• Build relationships across the organization to influence risk culture and best practices

Qualifications

• 5 years of experience in Operational Risk
• Experience in market making, algo trading, or prop trading
• Experienced in data analytics and AI tools
• Knowledge of regulatory frameworks
• Bachelor's degree or equivalent