Risk Analyst

Eagle Seven; Chicago (IL); On-site; USD 75,000 - 87,000; Full time

Job summary

A financial services company in Chicago is seeking a Risk Analyst responsible for monitoring market risk exposure for trading activities and assisting in the development of risk reporting. Candidates should have a Bachelor's degree in Finance or a related field and 2+ years of futures industry experience. This role offers a competitive salary starting at $75,000 and comprehensive benefits including medical, dental, and vision insurance, 401(k) with employer match.

Benefits

Medical PPO and HMO coverage

Dental coverage

Vision coverage

401k Retirement Savings Plan

Paid Time Off

Flexible Spending Account

Complimentary Lunch and Beverages

Qualifications

• Minimum of a Bachelor’s degree in Finance, Risk Management, Mathematics or related field required.
• 2+ years of futures industry experience preferred.
• Strong analytical and problem-solving skills.

Responsibilities

• Monitor market risk exposure for trading activities.
• Create and analyze daily post-trade reporting.
• Communicate with exchanges and clearing firms.

Skills

Analytical skills

Problem-solving skills

Intermediate/advanced Excel skills

Communication skills

Education

Bachelor’s degree in Finance, Risk Management, Mathematics or related field

Tools

Excel

VBA

Python

Job description

Overview

Eagle Seven is seeking a Risk Analyst who will be responsible for performing daily risk monitoring of our trading operations and assisting in the ongoing development and enhancement of our risk reporting and analytics framework.

Responsibilities

• Monitoring, measuring, and proactively communicating market risk exposure for current trading activities as well as emerging risks based on news events and economic data releases; providing guidance as to how they affect specific trading strategies and/or current positions
• Creating, maintaining, and analyzing high quality, daily post-trade reporting to assess key market and operational risk for the firm
• Communicating with various exchanges and clearing firms to adjust risk limits/risk metrics as necessary
• Adjusting internal risk limits within the firm’s proprietary trading systems
• Troubleshooting certain trading and software related issues and escalate when appropriate
• Meeting with trading staff and quantitative software developers to understand risk profile of new trading strategies
• Extracting data from various sources, updating Excel workbooks, confirming positions, composing reports and sending end of day updates to management for mark variance, options activity, and VaR metrics
• Helping to automate reports using Excel macros, VBA and python on an ongoing basis
• Gathering risk-related data from internal and external resources
• Assisting with compliance, back office and operations staff on an as-needed basis

Requirements

• Minimum of a Bachelor’s degree in Finance, Risk Management, Mathematics or related field required; concentration in quantitative/statistical course work preferred
• 2+ years of futures industry experience preferred
• Intermediate/advanced Excel skills, such as pivot tables, lookups, VBA, macros
• Strong analytical and problem-solving skills
• Demonstrated ability to multi-task in a fast-paced environment while maintaining high attention to detail
• Excellent written and verbal communication skills with the ability to communicate a message clearly and effectively for individuals at all levels within an organization
• Demonstrated ability to work with a sense of urgency to meet deadlines and address competing priorities

Benefits

• Medical PPO and HMO coverage through BlueCross BlueShield
• Dental coverage through Guardian
• Vision coverage through VSP
• 401k Retirement Savings Plan with Employer Match
• Life Insurance
• Paid Time Off
• Flexible Spending Account
• Pre-tax Transit Benefits
• Complimentary Lunch and Beverages

The minimum base salary for this role starts at $75,000. This role is eligible for a discretionary performance bonus as part of the total compensation package, in addition to the comprehensive suite of benefits including group medical, dental, and vision insurance, 401(k) (with safe harbor match), disability and life insurance, health savings account, and pretax flexible spending accounts. Exact compensation offered may vary based on factors including, but not limited to, the candidate's experience, qualifications, and skill set.