Derivatives Risk Manager

Our client seeks an experienced Derivatives Risk Manager to join their team in managing and mitigating market risks associated with derivatives trading. The ideal candidate will have a strong background in quantitative finance, risk management, and regulatory compliance.

Key Responsibilities:

• Risk Assessment: Conduct comprehensive assessments of market risks, particularly those related to derivatives products across relevant entities, clients, and trading activity
• Trend Analysis: Analyze market trends, price movements, and regulatory developments to assess their impact on the company's risk position
• Risk Metrics Development: Develop and implement risk metrics and monitoring tools tailored to the derivatives portfolio
• Stress Testing: Perform stress tests on the derivatives portfolio to evaluate its resilience under adverse market conditions
• Regulatory Compliance: Ensure compliance with relevant regulations, particularly those affecting derivatives trading, and update practices accordingly
• Reporting: Prepare detailed risk reports for senior management, highlighting key exposures and trends

Requirements:

• Experience: 7-16 years of experience in market risk management, with significant exposure to derivatives trading
• Education: Bachelor's degree in Finance, Economics, or a related field
• Skills:
  • Strong analytical skills and attention to detail
  • Excellent verbal and written communication skills
  • Experience working with regulatory bodies, such as the NFA or CFTC, is a plus
  • Knowledge of cryptocurrency and blockchain technology is desirable

Performance Expectations:

• Risk Mitigation: Effectively manage market risks, ensuring the firm's financial stability and operational resilience
• Regulatory Excellence: Maintain compliance with all relevant regulations, minimizing compliance risks
• Strategic Insights: Provide actionable insights to inform risk management strategies and support decision-making