Senior Market Risk & Analytics Engineer

ACT Group; New York (NY); On-site; USD 120,000 - 160,000; Full time

Job summary

ACT Group in New York City is seeking a Market Risk Lead to build, maintain and improve risk reporting infrastructure, and to develop models for trading teams. The role includes daily VaR monitoring, stress testing, data analysis with SQL and collaboration with traders on new product lines.

You should have a Bachelor or Master in Finance, Economics, Statistics or Econometrics and 5–7 years in market risk, with strong Python skills, excellent analytical abilities and stakeholder communication.

Qualifications

• Bachelor or Master degree in Finance, Economics, Statistics or Econometrics.
• 5-7 years of experience in market risk within commodity trading or a leading financial institution.
• Strong market analysis and financial assessment capabilities.
• Experience with Python is essential.
• Intellectually curious with structured problem solving and analytical skills.
• Confident communication (verbal and written) with stakeholder management.

Responsibilities

• Build, maintain and improve market risk reporting infrastructure and tools, including automation and streamlining of existing processes
• Create market risk models and advise traders on pending deals
• Develop market risk measurement methods and understand process flows
• Daily monitor of market risk, stress and Value at Risk (VaR) exposures against limits and risk appetite
• Manage market risk assessments for new product lines, working with traders to understand their markets
• Create, update, present and enforce market risk policies and procedures
• Process and analyze large data sets using SQL while maintaining and updating codebases to ensure performance and scalability
• Perform stress testing and develop risk mitigation strategies

Skills

Analytical thinking

Stakeholder management

Communication skills

Education

Bachelor or Master of Finance, Economics, Statistics or Econometrics

Tools

Python

Job description

ACT Group in New York City is seeking a Market Risk Lead to build, maintain and improve risk reporting infrastructure, and to develop models for trading teams. The role includes daily VaR monitoring, stress testing, data analysis with SQL and collaboration with traders on new product lines.

You should have a Bachelor or Master in Finance, Economics, Statistics or Econometrics and 5–7 years in market risk, with strong Python skills, excellent analytical abilities and stakeholder communication.