Director, Risk & Strategic Analysis

Director, Risk & Strategic Analysis

Nodal Exchange is a derivatives exchange providing price, credit and liquidity risk management to participants in the North American commodity markets. Nodal Exchange is a leader in innovation, having introduced the largest sets of environmental and electric power futures and options contracts in the world. All transactions on Nodal Exchange (power, environmental and natural gas) are cleared through its wholly owned clearing house, Nodal Clear, using its award-winning portfolio margining methodology. Nodal Clear also clears a broad set of crypto futures contracts for Coinbase Derivatives Exchange. As leaders in innovation, Nodal Exchange and Nodal Clear have built in-house most of the trading and clearing platforms that fuel our business. Nodal Exchange is part of the EEX Group which is in turn part of the Deutsche Brse Group.

We are now looking for talented, innovative individuals to join our team in Tysons Corner, VA (DC Metro area).

The ideal candidate will possess both a significant attention to detail, as well as an ability to synthesize broader patterns and business logic into recommendations to support the development of the exchange and the clearing house. Project and team management experience is critical; however, this is a hands-on role, and candidates should be excited to actively participate in delivering meaningful solutions and results.

Key Responsibilities

Primary responsibilities include :

• Lead the efforts to continuously improve the risk management framework of the exchange and clearing house
• Lead the efforts to develop, validate and support quantitative models, methodologies, and risk management approaches for derivatives portfolios, including improving existing initial margin models as well as designing new models across multiple asset classes
• Develop, conduct, and review daily stress tests
• Maintain and improve default management framework of the clearing house
• Refine the credit monitoring of the clearing house and monitor credit risk with key counterparties
• Lead the efforts to engage with the external stakeholders, including regulators, and clearing members, on changes to risk management approaches
• Lead the validation of risk management systems and provide institutional client support
• Lead and engage in research and analysis to launch new futures products

Skills, Knowledge and Expertise

Requirements :

Preferred :

Physical requirements :

Ability to work a hybrid schedule (3-days a week) onsite in Tysons Corner office

Salary Range : $195k - $280k total compensation per year

Pay Transparency Notice : The salary range is based on the D.C. metro area. The successful candidate's starting salary will vary depending on permissible, non-discriminatory factors including but not limited to qualifications, skills, and experience. Nodal also offers a wide range of benefits and perks for full-time employees, which may include target bonuses.

Benefits

Nodal offers its employees a wide range of benefits designed to support health, well-being, and work-life balance.

About Nodal Exchange

Nodal Exchange is a derivatives exchange providing price, credit and liquidity risk management to participants in the North American commodities markets. Nodal Exchange is a leader in innovation, having introduced the largest set of electric power locational (nodal) futures and options contracts and the largest set of environmental futures and options contracts in the world. Nodal Exchange currently offers over 1,000 power contracts on hundreds of unique locations, providing the most effective basis risk management available to market participants.

Our Hiring Process

Stage 1 : Phone Screen

Stage 2 : 1st Round Interview

Stage 3 : Final Onsite Interview

Stage 4 : Hiring Decision

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