Senior Risk Manager (Market Making)

Algo Capital Group; Chicago (IL); On-site; USD 72,000 - 263,000; Full time

Job summary

A leading quantitative trading firm in Chicago is seeking an Operational Risk Manager to enhance their risk oversight capabilities. This role offers direct exposure to trading operations while building enterprise-wide risk management frameworks, collaborating across teams to manage risks, and ensuring compliance in high-paced environments.

Benefits

Comprehensive benefits

Performance-based incentives

Competitive compensation

Qualifications

• Experience in operational risk, controls, or compliance in financial services.
• Understanding of market risk and regulatory requirements.
• Strong analytical and communication capabilities.

Responsibilities

• Design and implement operational risk monitoring processes.
• Investigate incidents to drive improvements.
• Develop risk reporting and metrics for transparency.

Skills

Analytical skills

Communication skills

Stakeholder management

Education

Bachelor's degree in Finance, Economics, Business

Job description

Direct message the job poster from Algo Capital Group

A top-tier quantitative trading firm is looking to hire a exceptional Operational Risk Manager ( Market Making) to strengthen their risk oversight capabilities in Chicago. This role offers direct exposure to trading operations while building and enhancing enterprise-wide risk management frameworks.

About the team:

The Risk team operates at the intersection of trading, technology, and compliance, ensuring seemless operational controls across high-velocity trading environments. You'll partner with diverse stakeholders to identify risk exposures, streamline control processes, and drive data-driven risk management decisions that protect and enable business growth.

What you'll do: This is an IC role

• Design and implement operational risk monitoring processes for trading and technology systems
• Partner with business units to embed risk awareness and strengthen control environments
• Investigate operational incidents and drive systematic improvements to prevent recurrence
• Develop risk reporting and metrics to provide transparency to senior management
• Collaborate with compliance and audit teams on regulatory examinations and assessments
• Build relationships across the organization to influence risk culture and best practices

Your background:

• Years in operational risk (Market Making), controls, audit, or compliance within financial services
• Experience in trading firms, investment banks, or similar dynamic financial environments
• Understanding of market risk, operational processes, and regulatory requirements
• Strong analytical skills with ability to synthesize complex information into actionable insights
• Self-starter with excellent communication skills and stakeholder management abilities
• Bachelor's degree in Finance, Economics, Business, or related field
• Knowledge of FINRA, SEC, or other relevant regulatory frameworks preferred

This opportunity provides competitive compensation, performance-based incentives, comprehensive benefits, and the chance to make meaningful impact in a dynamic, growth-oriented environment.

Seniority level

• Seniority level

  Mid-Senior level

Employment type

• Employment type

  Full-time

Job function

• Job function

  Information Technology, Finance, and Engineering

• Industries

  Information Services, Capital Markets, and Financial Services

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