Risk Analyst

Intercontinental Exchange Holdings, Inc.; City of Niagara Falls (NY); On-site; USD 88,000 - 119,000; Full time

Benefits offered by this job

Healthcare coverage

401(k) plan

Life insurance

Paid time off

Job summary

Intercontinental Exchange, Inc. is seeking a Front Office Risk Analyst for ICE Clear Europe to join our dynamic risk team in overseeing and shaping risk management across multiple asset classes.

You will support senior risk managers in daily risk activities and in developing enhancements to risk tools, models, and processes. The role involves implementing new risk initiatives, collaborating with colleagues, and delivering risk reports to the ICE Clear Europe board and committees.

Qualifications

• Master’s degree in Mathematical Finance or equivalent.
• Strong analytical and problem-solving abilities.
• Prior risk management experience preferred.

Responsibilities

• Calibrate and enhance risk models with statistical analysis.
• Ensure risk policies align with regulatory standards.
• Identify areas to improve risk models, processes, or infrastructure.
• Enhance documentation of risk processes and models.
• Communicate with clearing members, risk committees, and senior management.
• Build and maintain risk reports for ICE Clear Europe board and regulators.
• Monitor model performance and assess model appropriateness.
• Collaborate on policy and methodology development.
• Conduct market research on relevant risk topics.

Skills

Risk management knowledge

Analytical thinking

Communication skills

Team player

Problem solving

Education

Master’s Degree in Mathematical Finance

Tools

SQL

Python

Job description

Overview

Job Purpose

ICE Clear Europe’s Clearing Risk Department (“CRD”) is looking for a front office risk analyst. The successful candidate will assist the senior risk managers in overseeing and shaping the risk management practice at one of the largest futures and options clearing houses in the world. You will be joining a very dynamic team, be exposed to a wide range of asset classes and be challenged with complex risk problems. You will be responsible for carrying out all aspects of the day-to-day risk management duties and assist in developing and implementing enhancements to the risk management tools, models, and processes. You will also participate in the design and implementation of new risk initiatives and products that benefit the business.

Responsibilities

• Conduct mathematical/statistical analysis to calibrate and enhance risk models
• Ensure the risk management framework and risk policies are being adhered to and are consistent with regulatory and industry standards
• Assist with identifying areas where the risk models, risk management processes, or infrastructure can be improved
• Enhance documentation of risk processes, procedures and models
• Assist with communication with representatives from clearing members, risk committees and senior management of ICE
• Build and maintain risk management reports for the ICE Clear Europe board, various ICE Clear Europe risk committees and the regulators overseeing ICE Clear Europe
• Monitor model performance tests and assess the appropriateness of models in order to demonstrate policy adherence
• Collaborate with a group of colleagues on key policy and methodology development
• Conduct project work and run thematic or ad-hoc market research on relevant risk topics

Knowledge and Experience

• Master’s Degree in Mathematical Finance or equivalent degree
• Attention to detail and strong problem-solving skills with the ability to balance trade-offs
• Prior experience in risk management as a risk analyst or relevant professional experience (at an investment bank, hedge fund or clearing house) will be an advantage.
• Strong knowledge in financial derivatives products in multiple asset classes preferred
• Prior experience in applying risk management models and techniques such as Value at Risk models, Liquidity Risk models, backtesting and stress testing models will be an advantage.
• Ability to be a team player and to collaborate with other teams
• Ability to conduct research, analyze problems, formulate and implement solutions in an efficient, effective and independent manner
• Excellent written and verbal communication skills
• Experience with SQL and Python preferred

New York Base SalaryRange

The expected base salary for this role, if located in New York, is between $87,600 - 118,500 USD. The base salary range does not include Intercontinental Exchange’s incentive compensation. While we provide this range as general guidance, at ICE we compensate employees based on the skillset and experience of the individual. Regular full-time ICE employees are eligible for a suite of competitive employee benefits, including healthcare coverage (medical, dental and vision), a 401(k) plan, life insurance, time off, and paid leave for qualifying circumstances.

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Intercontinental Exchange, Inc. is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to legally protected characteristics.