Junior Risk Analyst
About The Position
The Junior Risk Analyst will support the Futures Commission Merchant (FCM) Operational Risk function, focusing on identifying, assessing, monitoring, and mitigating operational risks across clearing, execution, and operations. The role involves monitoring participant funding levels, supporting the identification of key risk indicators (KRIs), reviewing daily clearing activity, producing risk reports, monitoring settlement and payment flows, logging operational loss events, assisting with stress testing, escalating risk limit breaches, supporting regulatory reporting, and maintaining risk dashboards. The role also includes participating in default management and business continuity exercises, and documenting operational risks from new products or system changes.
Requirements
- Bachelors degree in Finance, Economics, Mathematics, Statistics or a related field
- 1 or more years of experience in risk, trading operations, or financial services
Responsibilities
- Monitor participant funding levels to ensure positions remain fully collateralized.
- Support identification of key risk indicators (KRIs) related to trade processing, operations, reconciliations, and client money segregation.
- Review daily clearing activity, open positions, and settlement obligations.
- Produce daily, weekly, and monthly risk reports for the CRO.
- Monitor settlement and payment flows.
- Log and track operational loss events and near-misses in the firm’s risk management program.
- Assist with stress testing and scenario analysis.
- Escalate risk limit breaches and operational incidents.
- Support regulatory reporting and documentation requirements.
- Maintain risk dashboards and key risk indicators.
- Participate in default management and business continuity exercises.
- Help document and assess operational risks arising from new products, system changes, and process modifications.
- Compile and distribute daily/weekly operational risk reports to senior management and business line owners.
- Track open risk issues, control deficiencies, and action plans to resolution.
- Monitor incident logs and assist in root cause analysis of operational failures.
- Monitor collateral sufficiency and funding status.
- Monitor concentration metrics.
- Monitor settlement performance.
- Monitor liquidity resources.
- Monitor operational incidents and exceptions.
- Monitor stress testing results.
- Monitor regulatory and compliance exceptions.
- Support compliance with CFTC Regulation 1.25 (Investment of customer funds), Part 22 and NFA rules applicable to FCM operations.
- Assist in preparation for regulatory examinations (NFA, CFTC) and internal audit.
- Help ensure adherence to customer segregation and secured amount requirements under CFTC 1.20 and 30.7.
Benefits
- full-time employment
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What This Job Offers
Job Type
Full-time
Career Level
Entry Level
