Junior Risk Analyst

JOB DESCRIPTION

The Risk Analyst will join the Risk team that researches, implements, prototypes, and supports state of the art pricing and risk management systems. The primary role for this position will be to support the creation of innovative pricing and risk solutions in a peer reviewed environment as well as analyze daily and real-time market information for industry leading over-the-counter credit derivatives clearinghouse. The analyst, must be results-oriented, self-motivated and have the ability to thrive in small teams and very fast-pace environments. This role requires frequent interaction with Risk Developers, Risk Managers, Quants and Senior Management. The candidate must have the ability to work independently; must have very good verbal and written communication skills; must have good organizational skills and decision making ability.

Responsibilities

• Validate and support quantitative models and methodologies
• Validate and support risk management reports
• Support implementation and development of quantitative solutions for risk management
• Provide detailed analysis and documentation of methods, techniques, and findings
• Engage in innovative research tasks for the team and management
• Investigate and manage large data sets

Requirements

• Ability to work under pressure, formulate and articulate solutions and defend assumptions
• Ability to solve real world business problems using quantitative and computational techniques
• 1 year of scientific problem solving using software tools
• 1 year of experience using VBA or Matlab
• Very strong communication skills
• Ability to communicate technical ideas to colleagues outside the domain
• Strong understanding of fixed income markets as well as equity and credit derivatives
• Strong analytical and organizational skills with acute attention to detail
• Post graduate degree in financial engineering, mathematical finance or similar
• 1 year of experience in trading, banking, risk management, or asset management preferred

LOCATION

IL: Chicago (353 North Clark)
FULL TIME / PART TIME

Full time