Senior Market Risk Manager – Quant Trading

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

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