Senior Python Developer - Market Risk

Senior Python Developer – Market Risk

Salary: $90k-$100k + bonus

Location: Chicago, IL

Hybrid: 3 days onsite, 2 days remote

We are unable to provide sponsorship for this role

Qualifications

• Bachelor’s Degree in Finance or related.
• Proficient understanding of statistical concepts, derivatives pricing, securities markets and options trading strategies.
• 2+ years of experience in capital markets, back-office operations, or risk management
• 2+ years of Python Development
• Experience with Pandas, NumPy and version control systems (e.g. Git)
• SQL experience including knowledge of subqueries, CTEs, windows functions, partitions, advanced join commands, and using grouping and aggregate functions.
• Experience with Bloomberg API preferred.

Responsibilities

• Analyze market risk exposures for products and accounts including equities, futures, index and equity options, options on futures and government securities.
• Develop tools and reports using large data sets to assist with financial risk analysis and reporting.
• Conduct ad-hoc data analysis for senior management during critical market events.
• Monitor current financial market conditions including corporate earnings and key economic announcements
• Monitor clearing members’ trading positions and collateral for sensitivities to various risk factors using market risk methodologies including Monte Carlo and Stress Testing.
• Assist the Market Risk Team by proposing, developing and specifying requirements for a best-in-class intraday market risk system along with a suite of proprietary technological tools.