Risk Manager

Chicago, IL - USA

Monthly Salary: Not Disclosed

Posted on: 30+ days ago

Vacancies: 1 Vacancy

Job Summary

Jump Trading Group is committed to world class research. We empower exceptional talents in Mathematics Physics and Computer Science to seek scientific boundaries push through them and apply cutting edge research to global financial markets. Our culture is unique. Constant innovation requires fearlessness creativity intellectual honesty and a relentless competitive streak. We believe in winning together and unlocking unique individual talent by incenting collaboration and mutual respect. At Jump research outcomes drive more than superior risk adjusted returns. We design develop and deploy technologies that change our world fund start-ups across industries and partner with leading global research organizations and universities to solve problems.

As a Risk Manager you will be part of Jump Tradings Global Risk Management team. The department manages moment-to-moment risk for all trading teams and is responsible for evaluating new trading strategies markets and products. Furthermore the risk team is responsible for working with Core Development and Technology teams to advance the firms internal risk layer metrics and reporting. This position is ideal for candidates with strong risk management expertise technical skills and proven experience operating at a high bar within high-pressure environments.

What Youll Do:

Serve as an onsite go-to operational risk partner: set and monitor exposure limits and guardrails with front office and Global Risk; operate existing controls and alerting; investigate escalate and document exceptions.
Monitor cross-asset exposures and key risk dynamics using firm-provided tools; collaborate with Market Risk and front office to review scenario/stress outputs align on assumptions and communicate practical implications.
Perform daily and intraday risk monitoring to identify and escalate material exposures concentrations anomalies and control exceptions across regions.
Liaise with internal teams and external brokers clearing firms and exchanges on margin/financing market access controls and operational topics.
Triage trade-lifecycle issues (trade capture allocations reconciliations market data connectivity) with Trading Operations Technology Treasury and Compliance; support post-trade workflow improvements.
Use Python SQL and Excel to query firm datasets and automate light reporting where helpful; keep documentation current.
Coordinate risk initiatives across regions and support follow-the-sun handoffs.
Other duties as needed to ensure smooth operations.

Skills Youll Need:

At least 4 years in a risk or trading role at a proprietary trading firm multi-strategy hedge fund asset manager or investment bank.
Hands-on experience in at least one major liquid asset class (e.g. Equities Futures FX Rates or Options) with a strong desire to expand cross-asset coverage.
Bachelors degree with a strong academic record; CFA/FRM or similar credentials are a plus.
Operational risk fluency across the trade lifecycle market access controls exchange connectivity; familiarity with prime brokerage/clearing and margin/financing is helpful.
Comfortable consuming outputs from risk models and measures (e.g. VaR beta factor exposures stress scenarios) to interpret and communicate risk; not a model builder.
Technical skills: Python SQL and advanced Excel for querying validation ad hoc analysis and light automation; Bloomberg or similar tools are a plus.
Communication and composure: crisp credible at the desk effective with traders and technologists and calm under pressure.
Onsite presence in Chicago or New York with flexibility for occasional off-hours support; comfortable with competing priorities and frequent context-switching.
Reliable and predictable availability.

Benefits

- Discretionary bonus eligibility
- Medical dental and vision insurance
- HSA FSA and Dependent Care options
- Employer Paid Group Term Life and AD&D Insurance
- Voluntary Life & AD&D insurance
- Paid vacation plus paid holidays
- Retirement plan with employer match
- Paid parental leave
- Wellness Programs

Annual Base Salary Range

$125000$200000 USD

Required Experience:

Manager

What Youll Do:

Serve as an onsite go-to operational risk partner: set and monitor exposure limits and guardrails with front office and Global Risk; operate existing controls and alerting; investigate escalate and document exceptions.
Monitor cross-asset exposures and key risk dynamics using firm-provided tools; collaborate with Market Risk and front office to review scenario/stress outputs align on assumptions and communicate practical implications.
Perform daily and intraday risk monitoring to identify and escalate material exposures concentrations anomalies and control exceptions across regions.
Liaise with internal teams and external brokers clearing firms and exchanges on margin/financing market access controls and operational topics.
Triage trade-lifecycle issues (trade capture allocations reconciliations market data connectivity) with Trading Operations Technology Treasury and Compliance; support post-trade workflow improvements.
Use Python SQL and Excel to query firm datasets and automate light reporting where helpful; keep documentation current.
Coordinate risk initiatives across regions and support follow-the-sun handoffs.
Other duties as needed to ensure smooth operations.

Skills Youll Need:

At least 4 years in a risk or trading role at a proprietary trading firm multi-strategy hedge fund asset manager or investment bank.
Hands-on experience in at least one major liquid asset class (e.g. Equities Futures FX Rates or Options) with a strong desire to expand cross-asset coverage.
Bachelors degree with a strong academic record; CFA/FRM or similar credentials are a plus.
Operational risk fluency across the trade lifecycle market access controls exchange connectivity; familiarity with prime brokerage/clearing and margin/financing is helpful.
Comfortable consuming outputs from risk models and measures (e.g. VaR beta factor exposures stress scenarios) to interpret and communicate risk; not a model builder.
Technical skills: Python SQL and advanced Excel for querying validation ad hoc analysis and light automation; Bloomberg or similar tools are a plus.
Communication and composure: crisp credible at the desk effective with traders and technologists and calm under pressure.
Onsite presence in Chicago or New York with flexibility for occasional off-hours support; comfortable with competing priorities and frequent context-switching.
Reliable and predictable availability.