Global Head of Risk Management

Geneva Trading•Chicago, IL

8h•$225,000 - $300,000

About The Position

Founded in 1999, Geneva Trading is a premier global principal trading firm with strategically located offices in Chicago, Dublin, and London. Our relentless focus on trading excellence combined with technological innovation has equipped us with a best-in-class proprietary trading platform, enabling us to compete at the highest levels in the global markets. Rooted in a culture of integrity, collaboration, and an unwavering passion for progress, we foster an environment of personal and professional excellence. Our nimble organizational structure and entrepreneurial spirit attract top-tier talent with a passion for innovation, laying the foundation and driving our consistent success in the industry. The Global Head of Market Risk Management will play a key role in the trading firm’s dynamic environment. This person will develop and apply analytic tools and techniques to define and enhance our risk management framework. This person will also identify and manage risks in Geneva’s existing and newly proposed trading strategies. The role will report to the COO and work closely with other members of the executive suite and board of directors.

Requirements

Bachelor’s Degree or above in a quantitative discipline. (physics, finance, economics, econometrics, statistics, mathematics, or equivalent experience
At least 7 years’ relevant experience as a Senior Risk Manager in a derivatives trading environment
Experience with futures, options, cryptocurrency, and power trading strategies and risk management; trading through or managing risk through a market-crisis is highly preferred (i.e. 9/11 or 2008 events)
Experience building various models to evaluate and represent derivative market risk, including Historical Simulation, VaR, Scenario Analysis/Stress Testing, Greeks, Option profiles, etc.
Experience dealing directly with traders on risk-related issues
Experience and comfort dealing directly with senior management on risk-related issues
Deep understanding of futures and options trading (Fixed Income, FX, Equities, Commodities, etc.) and their Greeks
Detailed knowledge of exchange traded derivative products with an emphasis on their risk characteristics
Ability to handle high pressure situations
Good communication and interpersonal skills
Ability to manage others
Desire to work in a fast paced, collaborative, and entrepreneurial environment
Deep understanding of US, European and Asian regulatory environments including Dodd-Frank, Regulation Automated Trading (Reg AT), MiFID II and Japanese HST

Nice To Haves

CFA, JD, and/or MBA is a plus

Responsibilities

Define and drive enhancements to the firm’s Risk Framework
Update and maintain the firm’s Risk Manual as necessary
Work closely with Senior Management on identifying and assessing risks of potential and existing business lines
Participate in several management meetings per month
Supervise and manage all employees of the Risk team globally
Model, analyze, and optimize existing and new risk matrices
Drive the development and implementation of analytical risk models to provide insight into the firm’s various trading activities
Monitor risk on a real time basis, leveraging our monitoring and analysis framework to identify and communicate important risk-related information to traders and management
Interpret and utilize quantitative results from risk reporting efforts and communicate these effectively
Work directly with traders and senior management on escalated risk issues
Collaborate with trading and development team members to design and employ risk controls in Geneva’s proprietary execution software
Conduct regulatory reporting as required
Manage trading limits and trading software risk settings within the firm
Must be willing to receive training for new asset classes that the firm intends to participate in