Senior Risk Manager, Clearinghouse Risk

Cboe Global Markets, Inc.; Chicago (IL); Hybrid; USD 136,000 - 175,000; Full time

Benefits offered by this job

Competitive salary

401(k) match

Paid time off

On-site gym

Job summary

Cboe Global Markets, Inc. is seeking a Risk Manager to lead onboarding reviews, monitor exposures, and validate margin calculations using Python. You will coordinate default management exercises and contribute to enterprise risk programs within a regulated clearinghouse framework.

The role requires extensive experience in derivatives risk, CCP/CCA environments, and strong communication with internal risk committees and senior leadership.

Qualifications

• Bachelor’s degree in Finance, Economics, Accounting, Business, Risk Management or related field.
• 7+ years of progressive experience in financial services with exposure to derivatives clearing, prime brokerage, FCM operations, or broker‑dealer risk management.
• Experience with CCP clearing operations and risk management processes.

Responsibilities

• Oversee onboarding reviews for Clearing Members and assess risk management policies for compliance with regulatory requirements.
• Monitor daily exposures and intraday alerts; adjust risk controls as needed.
• Maintain Python codebases to validate margin calculations and margin model updates.
• Review daily/monthly filings to update risk profiles and determine protective actions.
• Coordinate Default Management simulations and document outcomes for committees and Board.
• Support Enterprise Risk Management activities and evaluate control effectiveness.

Skills

Python

Risk Management

Financial Analysis

Regulatory Knowledge

CFTC/SEC Knowledge

Communication

Education

Bachelor's degree in Finance, Economics, Accounting, Business, Risk Management

MBA or MS in Finance/Risk (preferred)

FRM, CFA, PRM (preferred)

Tools

SQL

SPAN margin knowledge

Job description

Cboe Global Markets, Inc. is seeking a Risk Manager to lead onboarding reviews, monitor exposures, and validate margin calculations using Python. You will coordinate default management exercises and contribute to enterprise risk programs within a regulated clearinghouse framework.

The role requires extensive experience in derivatives risk, CCP/CCA environments, and strong communication with internal risk committees and senior leadership.