Risk Control Analyst - Chicago
Brief Summary of Position
This position will analyze trading performance as well as market and margin risk within and across multiple asset classes with an emphasis on options. This position will also determine intraday margin requirements and provide useful reporting tools for management. A strong understanding of risk exposure calculation methods, including cross product VaR modeling is critical in this role. As a key member of the global risk team, the Analyst will be expected to contribute your experience and knowledge in establishing risk policies and procedures as Geneva explores new trading opportunities.
Essential Duties and Responsibilities
Define and establish risk management parameters for futures and options products (European, American, Asian, Calendar Spread)
Monitor the trading activities and systems of options trading groups
Calculate risk exposure using quantitative modeling methods
Determine intraday margin requirements utilizing VaR and greeks.
Provide timely reports to management and risk team members
Required Knowledge, Skills, and Abilities
Proficient in using various risk systems in the trading industry; particularly those pertinent to management of energy options.
Deep understanding of energy derivatives products and fundamentals of option portfolio management
Experience using volatility modeling methods, VaR and Greeks management
Advanced experience using Microsoft products (Excel/VBA, Access), risk analysis applications, and electronic trading software
Bachelor's degree is required; advanced degree in quantitative field is desirable.
Educational/Experience Requirements
A four year college degree in Computer Science or a related field
A minimum of 4 years experience in a similar role in the financial services industry