Senior Market Risk Analyst - Options

Posted 9 Days Ago
Be an Early Applicant
New York, NY
160K-200K Annually
Mid level
Financial Services
The Role
Improve real-time volatility fitting and options pricing models, develop advanced pricing models and risk management strategies for commodities, implement models in quant library and trading platforms, enhance risk management platform, work closely with trading, risk, and technology teams.
Summary Generated by Built In

About Us:

Founded more than 15 years ago and headquartered in Chicago, the DV Group of financial services firms has grown to more than 350 people operating throughout North America and in Europe. Since spinning out of a large brokerage firm in 2016, DV Trading has rapidly scaled as an independent proprietary trading firm utilizing its own capital, trading strategies, and risk management methodologies to provide liquidity to worldwide financial markets and hedging opportunities to commodity producers and users. Now, DV group affiliates include two broker dealers, a cryptocurrency market making firm, and a bourgeoning investment adviser.

DV Energy is a rapidly growing division that specializes in trading crude oil, refined products, natural gas, and related energy markets across US, Europe, and Asia. Our proprietary risk management and trading methodologies along with a strong ability to adapt to changing conditions has allowed DV Energy to grow into one of the largest financial participants within the global energy complex.

Overview:

DV Trading is looking for a Market Risk Analyst who will over see daily risk monitoring, reporting, and market analysis of trading portfolios. In addition, they will help build and support more robust automation around our risk processes, reporting and frameworks.

Responsibilities:

  • Generate firm overview reports such as VAR, stress testing, intraday PNL, and various trading strategies, and flag any issues that are standing out. 
  • Monitor the firm’s trading activities and identify potential scenarios and positions that pose threats to the firm and individual trading groups.
  • Review the firm’s and individual trading group’s daily margin requirements and resolve any issues related to the exchange requirements.
  • Maintain and monitor the firm’s proprietary risk models.
  • Work collaboratively with the back office and operations to build upon and develop automated reporting and optimized risk processes/frameworks.

Requirements:

  • 5+ years of risk and/or derivatives experience with various financial products like futures and options, as well as energy/commodities experience. 
  • Experience understanding and monitoring exchange margin requirements and calculations.
  • Excellent communication, analytical, and organization skills.
  • Experience with Excel, Python, and/or VBA.
  • Strong interest in the financial markets.
  • Must be able to work both independently and as part of a team - should demonstrate curiosity, initiative, self-sufficiency, and the ability to learn quickly.

 

Salary: $160,000-$200,000 (USD) + Discretionary Bonus

 

DV is not accepting unsolicited resumes from search firms. Only search firms with valid, written agreements with DV should submit resumes in response to DV’s posted positions. All resumes submitted by search firms to DV via e-mail, the Internet, personal delivery, facsimile, or any other method without a valid written agreement shall be deemed the sole property of DV, and no fee will be paid in the event the candidate is hired by DV. DV is proud to be an equal opportunity employer and committed to creating an inclusive environment for all employees.

Top Skills

C++
Python
The Company
HQ: Chicago, IL
314 Employees
On-site Workplace
Year Founded: 2006

What We Do

Founded more than 15 years ago and headquartered in Chicago, the DV Group of financial services firms has grown to more than 350+ people operating throughout North America and in Europe. Since spinning out of a large brokerage firm in 2016, DV Trading has rapidly scaled as an independent proprietary trading firm utilizing its own capital, trading strategies, and risk management methodologies to provide liquidity to worldwide financial markets and hedging opportunities to commodity producers and users. Now, DV group affiliates include two broker dealers, a cryptocurrency market making firm, and a bourgeoning investment adviser.

We invest in exceptional individuals and empower them to realize their goals and make a lasting positive impact on our organization. Engaging a diverse group of talented people from different cultural, socioeconomic, and educational backgrounds helps provide us with a competitive advantage that drives our success.

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