Senior Risk Manager, Derivatives Clearing

Cboe; Chicago (IL); On-site; USD 136,000 - 175,000; Full time

Benefits offered by this job

Health, dental and vision benefits

2:1 401(k) match

Paid Time Off

Tuition assistance

Paid parental leave

Job summary

Cboe Global Markets in Chicago is seeking a Risk Manager to join the Risk Management team reporting to the Chief Risk Officer. You will oversee Clearing Member onboarding, assess risk policies, and help set post-trade thresholds.

This role emphasizes ongoing monitoring, margin validation code in Python, SPAN familiarity, and regulatory liaison with the CFTC/SEC. Strong financial analysis and written communication are essential.

Qualifications

• Bachelor's degree in Finance, Economics, Accounting, Business, Risk Management.
• 7+ years of experience in financial services with derivatives clearing, prime brokerage, or risk management.
• Experience with CCP clearing operations or CCAs.
• Knowledge of SPAN margin or portfolio margining.
• Strong written communication and ability to translate risk findings for non-technical stakeholders.
• Proficiency in Python and SQL for risk data analysis.

Responsibilities

• Oversee onboarding and evaluation of Clearing Members' risk policies.
• Review daily exposure and intraday alerts to manage exposures.
• Maintain Python code for margin calculations and file distribution.
• Review regulatory filings to maintain current risk profiles.
• Coordinate Default Management simulations and report outcomes.
• Engage with CFTC/SEC auditors and support ERM governance.

Skills

Python

Risk management

Financial analysis

SQL

Written communication

Education

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

MBA/MS in Finance/Risk preferred

FRM CFA PRM certifications preferred

Tools

SPAN margin

Python

Job description

Cboe Global Markets in Chicago is seeking a Risk Manager to join the Risk Management team reporting to the Chief Risk Officer. You will oversee Clearing Member onboarding, assess risk policies, and help set post-trade thresholds.

This role emphasizes ongoing monitoring, margin validation code in Python, SPAN familiarity, and regulatory liaison with the CFTC/SEC. Strong financial analysis and written communication are essential.