Risk Analyst

Intercontinental Exchange Holdings, Inc.; New York (NY); On-site; USD 88,000 - 119,000; Full time

Job summary

Intercontinental Exchange Holdings, Inc. seeks a front office risk analyst to assist senior risk managers in overseeing and shaping risk management practices across multiple asset classes. You will support day-to-day risk duties and help develop tools, models, and processes to bolster the risk framework.

You will collaborate with a dynamic team, communicate with clearing members and senior management, and contribute to risk initiatives and new products that benefit the business.

Qualifications

• Master’s Degree in Mathematical Finance or equivalent degree.
• Strong problem-solving skills with attention to detail.
• Experience in risk management or a related field is advantageous.
• Solid knowledge of financial derivatives across multiple asset classes.
• Experience applying risk models such as VaR, liquidity risk, backtesting, and stress testing.

Responsibilities

• Conduct mathematical and statistical analysis to calibrate and enhance risk models.
• Ensure compliance with risk policies and regulatory standards.
• Identify areas to improve risk models, processes, or infrastructure.
• Document risk processes, procedures and models.
• Communicate with clearing members, risk committees, and senior management.
• Build and maintain risk management reports for boards and regulators.
• Monitor model performance tests and assess model appropriateness.
• Collaborate with colleagues on policy and methodology development.
• Conduct project work and market research on risk topics.

Skills

Attention to detail

Problem solving

Team player

Communication skills

Education

Master’s Degree in Mathematical Finance

Tools

SQL

Python

Job description

Job Description

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.