Risk Analyst

Optiver•Chicago, IL

38d•$97,500 - $121,500•Onsite

About The Position

Optiver is looking for a Risk Analyst to join their growing Risk team. This role is highly collaborative, sitting at the intersection of risk, trading, quantitative research, and technology. The analyst will work closely with traders to understand complex positions and strategies, develop and challenge risk methodologies, and build tools to improve risk management in fast-moving markets. The ideal candidate is intellectually curious, quantitatively strong, and interested in financial markets, comfortable digging into data, challenging assumptions, and communicating conclusions clearly. This position offers the opportunity to manage current risks and help define the long-term direction of the trading risk framework.

Requirements

At least 1 year of relevant experience
Bachelor's or advanced degree in a quantitative discipline such as mathematics, statistics, physics, engineering, computer science, economics, or a related field
Strong quantitative and analytical problem solving skills and enjoy working with complex datasets and problems
Proficient in Python and comfortable using code to analyze data, automate processes, and develop analytical tools
Strong interest in financial markets, trading, and risk management
Intellectually curious and willing to question assumptions and challenge existing approaches
Ability to communicate complex ideas clearly and confidently to both technical and non-technical stakeholders
Comfortable operating in a fast-paced environment, prioritizing effectively and taking ownership of problems
Legal authorization to work in the U.S. is required; we will not sponsor individuals for employment authorization for this job opening

Responsibilities

Analyze the risk of complex trading positions and portfolios
Design, perform, and interpret stress tests and scenario analyses, identifying where our portfolios may be vulnerable to changing market conditions
Partner closely with traders, quantitative researchers, and software engineers to develop and enhance risk analytics, tools, and systems
Develop and challenge risk methodologies, metrics, and limits, ensuring they remain appropriate as our trading strategies and markets evolve
Translate complex risk exposures into clear, actionable insights for traders and senior stakeholders
Stay on top of market developments and assess how emerging events and changing market dynamics could affect our positions and strategies
Investigate risk incidents and limit breaches, identify root causes, and help determine appropriate actions and improvements
Identify weaknesses and opportunities within the existing risk framework and take ownership of driving improvements
Contribute to the long-term development of Optiver's trading risk framework, including new analytics, processes, and approaches to risk management