Risk Manager
Core
Oversee financial and operational reviews of clearing member applicants, monitor ongoing exposures, manage default scenarios, and assess enterprise risks for a derivatives clearing organization.
Role type
Senior Risk Manager (Clearing Operations)
Builds
Risk controls and monitoring frameworks for a CFTC-registered Derivatives Clearing Organization
Domain
Financial Services / Derivatives Clearing / Regulatory Compliance
Deliverable
production ML models
Required skills
Financial statement analysis, Credit risk assessment, Margin model validation, Regulatory filing review, Default management planning, Enterprise risk assessment, Python codebase maintenance, SQL data extraction, Risk tolerance evaluation, Audit coordination
Preferred skills
FRM or CFA certification, MBA or MS in Finance/Risk, Experience with SPAN margin methodology, Familiarity with COSO ERM framework, Experience with VaR and stress testing
Technologies
Python, SQL, SPAN, FOCUS Reports, Form 1-FR-FCM
Responsibilities
Oversee financial and operational reviews of Futures and Broker Dealer Clearing Member applicants; Monitor daily exposure reports and intraday alerts to identify outsized risks; Maintain Python codebase for margin calculation validation; Coordinate tests of the Default Management Plan; Perform periodic assessments of Clearinghouse risks and control effectiveness; Serve as subject matter expert for CFTC and SEC audit requests.
Seniority
Senior, hands-on IC