Risk Management Analyst

Job Description

Calamos Advisors LLC has an opening for Risk Management Analyst in Chicago, Illinois. Develop and maintain robust quantitative models and methodologies to measure and analyze various types of risks, including market risk, credit risk, liquidity risk, and operational risk. Validate and stress-test models. Create stress testing scenarios and integrate into dashboards. Conduct in-depth analysis of portfolio performance, identify sources or outperformance or underperformance and provide actionable insights. Improve trading decision tools, back test strategies, and conduct portfolio optimizations. Prepare comprehensive risk reports, presenting findings to senior management, portfolio managers, and other stakeholders. Articulate complex risk concepts in a concise and understandable manner. Ensure effective communication of risk-related information throughout the organization. Create and manage reporting infrastructure – migrate scheduled jobs to the cloud, build SQL views and Python scripts, and maintain documentation. Stay up-to-date with the latest advancements in risk management techniques and technologies. Conduct research to identify new risk factors and propose enhancements to existing risk management frameworks. Develop innovative risk models that align with the evolving market dynamics and the fund's investment objectives. Create deep learning models, explore automation algorithms and develop infrastructure for new technologies. Collaborate with IT, Compliance and Legal to implement SEC rules. Develop internal calculations and reporting in addition to vetting 3rd party providers. Enhance risk monitoring systems, address client data requests and develop comprehensive risk dashboards.

Job Requirements

Position requires a Master’s degree in Quantitative Finance, Financial Mathematics, or a related field, and 2 years of experience in investment risk management.

Must also have work or academic experience in:

• Financial coding and software tools including Python, Git, SQL, Databricks, MS Office, Azure Machine Learning Studio, Power BI DAX, data modeling and report design;
• Financial vendors Blooomberg terminal, including BQL and PORT Enterprise report automation, and MSCI BarraOne and Barra Portfolio Manager, including Optimization;
• Machine learning techniques including deep learning to financial datasets;
• Applying NLP to financial datasets, both text to data and data to text; and
• Elements of quantitative finance including multi-asset class factor models and modern portfolio theory, options theory, including greeks and trading strategies, convertible bonds, fixed income statistics and attribution, long/short equity risk and hedging, and how macroeconomic indicators impact these elements.

Please submit resume online through this site https://www.calamos.com/.

SALARY: $115,000.00 per year