Job Description
Position : Market Risk Manager
Location : Chicago Suburb (On-site)
Industry : Financial Services | Trading | FinTech
Employment Type : Full-Time
About the Company
Join a leading global financial services firm renowned for its cutting-edge trading platforms. Operating across OTC instruments, equities, and listed futures / options, the firm emphasizes technology-driven risk management and strict regulatory compliance. This role is based in the Chicago area U.S. office.
Role Summary
We are looking for a Market Risk Manager to lead daily market risk operations, manage a team of risk analysts, and oversee margin processes and client activity monitoring. The ideal candidate will have hands-on experience with commodity derivatives, trading platforms, and risk models, and will be comfortable operating in a fast-paced trading environment.
Key Responsibilities
- Design, implement, and maintain market risk policies and procedures.
- Lead, mentor, and manage a small team of risk analysts.
- Handle margin calls for clients and introducing brokers, ensuring timely follow-ups.
- Configure and monitor pre-trade controls and conduct periodic system reviews across trading platforms.
- Track post-trade risk metrics and escalate exceptions when necessary.
- Maintain firm-wide dashboards and risk reporting tools.
- Manage market risk initiatives, acting as PMO to ensure timely delivery.
- Provide insightful risk analysis and reports to senior management for internal and regulatory purposes.
Required Qualifications
5+ years in financial markets with strong experience in commodity derivatives, trading, and risk management.Experience with Futures Commission Merchants (FCM) or broker / dealers is highly preferred.Deep understanding of exchange margin methodologies (e.g., SPAN, IRM, Prisma).Familiarity with trading platforms such as T4, CQG, TT, or QST.Advanced Excel and SQL skills for data analysis and risk reporting.Excellent communication skills with the ability to present complex risk insights to senior leadership.Compensation & Benefits
Competitive Salary : Depending on experienceBenefits :
99% employer-paid healthcare premiums (HMO / PPO via Blue Cross Blue Shield)Dental, life, and disability insuranceWellness and employee support programsAdditional Information
On-site role.U.S. work authorization is required.