Risk Analyst

Intercontinental Exchange Holdings, Inc.; New York (NY); Hybrid; USD 87,000 - 119,000; Full time

Job summary

An established industry player is seeking a front office risk analyst to join their dynamic team. This role involves overseeing risk management practices at a leading clearing house, tackling complex risk challenges across various asset classes. You will conduct in-depth mathematical analyses, enhance risk models, and collaborate with senior risk managers to implement innovative risk initiatives. The position offers a competitive salary and a comprehensive benefits package, making it an excellent opportunity for those passionate about risk management and financial derivatives.

Benefits

Healthcare Coverage (Medical, Dental, Vision)

401(k) Plan

Life Insurance

Paid Time Off

Paid Leave for Qualifying Circumstances

Qualifications

• Master's in Mathematical Finance or equivalent required.
• Prior experience in risk management as a risk analyst preferred.

Responsibilities

• Conduct mathematical/statistical analysis to enhance risk models.
• Build and maintain risk management reports for various committees.

Skills

Mathematical Finance

Risk Management

SQL

Python

Problem Solving

Communication Skills

Education

Master’s Degree in Mathematical Finance

Tools

Risk Management Models

Value at Risk Models

Liquidity Risk Models

Job description

Overview

Job Purpose

ICE Clear'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 Salary Range

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.

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

#LI-HR1 #LI-HYBRID