DRW · 1 week ago
Junior Risk Manager
Chicago, IL
Full-time
Onsite
New Grad, Entry Level
$150K/yr - $190K/yrDRW is a diversified trading firm with over 3 decades of experience in sophisticated technology and exceptional people. They are seeking a Junior Risk Manager to perform daily risk monitoring of trading portfolios and assist in enhancing the risk management framework, particularly focusing on the equities business.
ConsultingFinanceFinancial ServicesFinTechVenture Capital
Responsibilities
Work with Risk Managers to calibrate risk parameters and accurately measure desk positions
Monitor daily trading activity according to established risk limit frameworks and assess risk exposures
Help advance robust approaches to risk management, including defining, building and using the necessary tools and reporting
Actively research and stay current on market dynamics, risk factors and real-world drivers of portfolio performance and risk
Earn primary coverage responsibilities for a group of desks, and own communication of risk-related information to Traders/Portfolio Managers
Qualification
Required
Previous risk management experience required; previous experience in trading is a plus
Previous experience with Equity Factor Models is required
Must have strong quantitative background and substantial data analysis experience
Previous experience using tools such as SQL, VBA, Python or R for data analysis and modeling; programming background helpful
Intuitive understanding of options pricing models and risk measures
Experience building tools and reporting for risk or trading
Must have excellent written and verbal communications skills
Sound judgment and strong analytical skills essential
Must be proactive and able to work independently
Bachelor's degree required; advanced degree in quantitative field desirable
Previous experience understanding the US regulatory framework and working directly with US regulators (e.g., FINRA)
Preferred
Thorough understanding of equities and equities options trading is preferred
SIE and Series 99 certifications are preferred
Benefits
Group medical, pharmacy, dental and vision insurance
401k (with discretionary employer match)
Short and long-term disability
Life and AD&D insurance
Health savings accounts
Flexible spending accounts
Company
DRW
DRW is a diversified trading firm that combines technology, research, and risk management to capture trading and investment opportunities.
Founded in 1992
1001-5000 employees
H1B Sponsorship
DRW has a track record of offering H1B sponsorships. Please note that this does not
guarantee sponsorship for this specific role. Below presents additional info for your
reference. (Data Powered by US Department of Labor)
Distribution of Different Job Fields Receiving Sponsorship
Represents job field similar to this job
Trends of Total Sponsorships
2025 (36)
2024 (35)
2023 (24)
2022 (24)
2021 (12)
2020 (8)
Funding
Current Stage
Late StageLeadership Team
James Radecki
Global Head of Business Development at Cumberland
Recent News
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