DV Trading LLC · 4 months ago
Quantitative Risk Analyst
Chicago, IL
Full-time
Onsite
Senior Level
$175K/yr - $225K/yr
5+ years expDV Trading LLC is a proprietary trading firm headquartered in Chicago, seeking an experienced Quantitative Analyst to enhance their risk management framework. The role involves designing and managing P&L calculations, collaborating with various teams to ensure robust risk oversight, and contributing to performance analytics.
Trading Platform
Responsibilities
Design, implement, and manage theoretical end-of-day and real-time P&L calculations across multiple asset classes, financial instruments, and trading strategies across the firm
Implement and maintain pricing methodologies to obtain theoretical values for illiquid products
Develop and document processes for handling regional market closures, holidays, and other disruptions affecting P&L calculations
Design and manage internal controls around automated P&L generation, ensuring compliance with firm-wide risk management and reporting standards
Work closely with the quant risk team to leverage P&L data for developing single trader and portfolio-level analytics, market exposure analysis, and risk and performance metrics
Participate in and contribute to the firm's Performance Reporting and Risk Committees
Perform validation of daily P&L data before final distribution to traders, risk management, and senior leadership
Qualification
Required
Bachelor's degree required, preferably in Finance, Economics, Accounting, or STEM fields
5+ years of relevant experience in a hedge fund, proprietary trading firm, or bank's trading desk, with a focus on P&L, performance data, and quant analytics
Experience with derivatives pricing (forwards, futures, options, swaps, exotics)
Strong understanding of financial instruments, pricing methodologies, risk metrics, and market conventions across regions
Proficiency in Python for data analysis and automation
Proficiency in SQL for database management and data querying
Strong quantitative skills and experience working with risk teams to develop analytics and performance metrics at both trader and portfolio levels
Excellent analytical and problem-solving skills with a strong attention to detail
Preferred
A master's degree in a data-intensive field (e.g., Data Science, Quantitative Finance, Mathematics, or Engineering) is preferred
Specialized experience in one or more asset classes—fixed income, commodities, crypto, equities, or currencies—is preferred
Familiarity with Bloomberg, Reuters, or other real-time market data systems. Experience with risk and P&L systems, especially across multi-region time zones, is a plus
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 LTD, Life & AD&D insurance
Flexible vacation policy
Retirement plan with employer match
Paid parental leave
Wellness Programs
Company
DV Trading LLC
Founded more than 15 years ago and headquartered in Chicago, the DV Group of financial services firms has grown to more than 350+ people operating throughout North America and in Europe.
201-500 employees
H1B Sponsorship
DV Trading LLC 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 (6)
2024 (3)
2023 (5)
2022 (9)
2021 (4)
2020 (6)
Funding
Current Stage
Growth StageLeadership Team
Jared Vegosen
Co-Founder
Recent News
2025-11-25
2025-03-14
Company data provided by crunchbase