Risk Manager

Simmons & Hanbury; Chicago (IL); On-site; USD 120,000 - 180,000; Full time

Job summary

Simmons & Hanbury is seeking an experienced Market Risk Manager for its Chicago operations in a technology-driven trading environment. The role involves risk oversight across equities, ETFs, and derivatives, with emphasis on real-time risk assessment and portfolio monitoring.

You will work closely with traders, quantitative researchers and technologists to assess trading activity, portfolio construction and evolving risk profiles, applying quantitative methods and Python to enhance risk

Qualifications

• Minimum 5 years' experience within market risk, trading risk, portfolio risk or quantitative risk.
• Experience covering equities, equity indices, ETFs, futures or related financial instruments.
• Strong quantitative capabilities and familiarity with Python for financial analysis.

Responsibilities

• Provide risk oversight across systematic and discretionary trading strategies, including equities, ETFs and derivatives.
• Analyse trading positions, portfolio sensitivities and market exposures to identify vulnerabilities.
• Collaborate with investment professionals to assess trading activity and evolving risk profiles.
• Design analytical tools for real-time risk assessment and portfolio monitoring.
• Conduct scenario analysis and stress testing under changing market conditions.
• Apply programming and data analysis to improve risk management processes.
• Support evaluation of new trading opportunities from a risk perspective.
• Contribute to ongoing development of the firm's risk capabilities across functions.

Skills

Market risk knowledge

Portfolio risk

Communication skills

Tools

Python (financial analysis)

Delta One knowledge

Job description

Chicago, USA

Proprietary Trading / Quantitative Trading

The Opportunity

We are working with a highly successful, technology-driven trading organisation looking to appoint an experienced Market Risk Manager to its US operations.

The business operates across a diverse range of liquid financial markets, combining sophisticated quantitative strategies with advanced trading technology.

This position offers the opportunity to take a commercially focused approach to risk management, working at the intersection of trading, quantitative research and technology.

The successful individual will have significant exposure to investment decision-making and play an important role in supporting the continued expansion of the firm's trading activities.

The Role

• Provide risk oversight across systematic and discretionary trading strategies, with a particular emphasis on equities, ETFs and listed derivatives.
• Analyse trading positions, portfolio sensitivities and emerging market exposures to identify potential vulnerabilities.
• Work alongside investment professionals to assess trading activity, portfolio construction and evolving risk profiles.
• Design and implement analytical tools to support real-time risk assessment and portfolio monitoring.
• Conduct scenario analysis and stress testing to evaluate portfolio behaviour under changing market conditions.
• Apply programming and data analysis techniques to improve the efficiency and sophistication of risk management processes.
• Support the assessment of new trading opportunities, instruments and strategies from a risk perspective.
• Contribute to the ongoing development of the firm's risk capabilities, working across multiple business functions.

Requirements

• Minimum 5 years' experience within market risk, trading risk, portfolio risk or quantitative risk.
• Experience covering equities, equity indices, ETFs, futures or related financial instruments.
• A strong understanding of trading dynamics, portfolio exposures and the risks associated with liquid financial markets.
• Experience gained within a proprietary trading firm, market maker, hedge fund or front-office risk function at an investment bank.
• Strong quantitative capabilities, including practical experience using Python for financial analysis.
• Familiarity with quantitative trading strategies, Delta One products or electronic market making would be particularly advantageous.
• Commercially minded, intellectually curious and comfortable engaging directly with trading professionals.
• Strong communication skills and the ability to operate effectively in a fast-moving, technically sophisticated environment.

Why Consider This Opportunity?

• Join an established and highly regarded global trading organisation.
• Work closely with experienced traders, quantitative researchers and technology specialists.
• Gain broad exposure to complex trading strategies and sophisticated financial markets.
• Take ownership of meaningful risk initiatives with the ability to influence commercial decisions.
• Benefit from a collaborative, meritocratic culture that values technical expertise and independent thinking.