Risk Analyst

APEX Fintech Services•Chicago, IL

12h•$64,000 - $80,000•Hybrid

About The Position

The Risk Analyst will work on complex portfolios which include margin and options requirements (complex strategies) of clients via active monitoring, including changes in credit profile and risk credit limits. You will work closely with various departments to ensure that all risk management processes are in place and adhered to, supporting the overall stability and integrity of our services/portfolios.

Requirements

Bachelor's degree in Finance, Economics, Business Administration, or a related field or equivalent experience required
2+ years of experience in risk analysis, preferably within the financial services industry or at a correspondent clearing/broker-dealer firm
FINRA Series 7 License required (or willingness to obtain)
Knowledge of quantitative analytics and statistical modeling
Understanding of value at risk and computational methods
Understanding of gamma in relationship to price movements of an option
Strong written and verbal communication skills
Proficiency in Microsoft Office 365

Nice To Haves

Proficiency in SQL to analyze and manage large datasets, preferred
Knowledge of R or Python, preferred
Familiarity with Artificial Intelligence

Responsibilities

Establish appropriate internal risk ratings and credit limits for clients and implement accurate adjustments due to changes in credit outlook as well as the firm's desired exposure levels
Assess the creditworthiness, including due diligence of borrowers and/or trading counterparties and authoring credit analysis
Assess and structure complex transactions and work on credit documentation to mitigate risk appropriately
Coordinate closely with the Risk, Operation, Stock Loan, and Treasury departments to provide high quality and timely credit decisions while observing compliance with established credit policies and guidelines
Complete the daily assessment of portfolio risk across a substantial client base and across a wide range of asset classes
Develop risk offerings/platforms and other risk initiatives
Provision risk management solutions to clients in relation to margin financing and leveraged trading
Assist with the development of internal and external reporting with a focus on the client and relevant risk information
Address client specific queries on a daily basis
Participate in other general firm risk assessments as needed inclusive of operational risk assessments