Paul Murphy Associates
Market Risk Manager
Paul Murphy Associates, Chicago, Illinois, United States, 60290
Title:
Market Risk ManagerLocation:
Chicago, IL (Loop) - HybridFull timeOur client seeks a Market Risk Manager who will be responsible for a variety of daily tasks and procedures, as well as project-oriented activities meant to improve and enhance the firm's ability to protect itself and its clients.Responsibilities:
Support the Market Risk 2nd Line of Defense functions according to the firm's established risk policies and reporting guidelines.Monitor client portfolios to identify potential risks and enforce risk parameters.Handle client communication regarding risk breaches and any potential market risk-related topics; understand risk models and communicate risk drivers effectively to various stakeholders.Maintain familiarity with a broad range of markets and products globally through interactions with clients, market venues, and other risk professionals.Contribute to constant improvement in approach by making recommendations to enhance market risk practices, and work on projects and development tasks as assigned by senior management.Champion improvements and developments of their proprietary risk model, as well as various systems and tools used by the global market risk teams.Follow and promote the Company’s established risk governance & policies, Standard Operating Procedures, and guidelines.Execute operational processes and seek efficiency through automation and application developments.Provide market risk analysis and recommendations; support the Head of Market Risk in day-to-day tasks, as needed.Requirements:
5+ years of experience in Risk Management or Finance; experience working for a Futures Commissions Merchant, Broker Dealer, and/or Proprietary Trading firm preferred.Bachelor's Degree in Finance, Math, Computer Science, IT, or other technical field.Experience with financial markets and products including Commodity Futures and options and their associated risks; experience with listed energy derivatives preferred (CME, ICE).Knowledge of exchange margining methodologies and regulations such as SPAN, SPAN2.0, and other risk model frameworks (VaR).Ability to build sound relationships with clients and understand their trading strategies.Strong analytical skills, critical thinking, and problem-solving skills.Ability to multi-task and set priorities in a fast-paced environment while working within a collaborative team.Comfort with and ability to master various computer systems and software applications; proficiency with programming languages (e.g., Python, R, SQL); excellent understanding of relational databases and data architecture.FINRA Series 7 (or ability to obtain within 90 days of start date) required.
#J-18808-Ljbffr
Market Risk ManagerLocation:
Chicago, IL (Loop) - HybridFull timeOur client seeks a Market Risk Manager who will be responsible for a variety of daily tasks and procedures, as well as project-oriented activities meant to improve and enhance the firm's ability to protect itself and its clients.Responsibilities:
Support the Market Risk 2nd Line of Defense functions according to the firm's established risk policies and reporting guidelines.Monitor client portfolios to identify potential risks and enforce risk parameters.Handle client communication regarding risk breaches and any potential market risk-related topics; understand risk models and communicate risk drivers effectively to various stakeholders.Maintain familiarity with a broad range of markets and products globally through interactions with clients, market venues, and other risk professionals.Contribute to constant improvement in approach by making recommendations to enhance market risk practices, and work on projects and development tasks as assigned by senior management.Champion improvements and developments of their proprietary risk model, as well as various systems and tools used by the global market risk teams.Follow and promote the Company’s established risk governance & policies, Standard Operating Procedures, and guidelines.Execute operational processes and seek efficiency through automation and application developments.Provide market risk analysis and recommendations; support the Head of Market Risk in day-to-day tasks, as needed.Requirements:
5+ years of experience in Risk Management or Finance; experience working for a Futures Commissions Merchant, Broker Dealer, and/or Proprietary Trading firm preferred.Bachelor's Degree in Finance, Math, Computer Science, IT, or other technical field.Experience with financial markets and products including Commodity Futures and options and their associated risks; experience with listed energy derivatives preferred (CME, ICE).Knowledge of exchange margining methodologies and regulations such as SPAN, SPAN2.0, and other risk model frameworks (VaR).Ability to build sound relationships with clients and understand their trading strategies.Strong analytical skills, critical thinking, and problem-solving skills.Ability to multi-task and set priorities in a fast-paced environment while working within a collaborative team.Comfort with and ability to master various computer systems and software applications; proficiency with programming languages (e.g., Python, R, SQL); excellent understanding of relational databases and data architecture.FINRA Series 7 (or ability to obtain within 90 days of start date) required.
#J-18808-Ljbffr