Pay Growth
?
out of 5
Not enough data
Not enough info to score pay or growth
Head of Risk Management
Job
Selby Jennings
Chicago, IL (In Person)
Full-Time
Review key factors to help you decide if the role fits your goals.
Job Security
?
out of 5
Not enough data
Calculating job security score...
Total Score
97
out of 100
Average of individual scores
Skill Insights
Compare your current skills to what this opportunity needs—we'll show you what you already have and what could strengthen your application.
Job Description
An innovative startup Derivatives Clearing House + Exchange is hiring a Head of Risk to design, build, and grow the risk function from the ground up. From a risk perspective, this individual must be well rounded when it comes to market, counterparty, liquidity, credit, and operational risk management. Given the fast paced, startup nature of the firm, candidates need to thrive in a greenfield environment and must do, not delegate. This hire must be a hands-on leader, and will join a lean management team based in either Chicago and New York. You'll hit the ground running on day one. You will be setting the firmwide risk appetite and driving strategy around trading and clearing of innovative new derivative products, focused on energy markets. The ideal candidate has a deep understanding of margin methodologies and frameworks and building out margin requirements, working with a variety of trading counterparties. Quantitative skills and strong knowledge on the counterparty risk + margin side are required to lay out the strategic vision and enable the business to expand in this niche space. More important than just design is execution - this individual should have experience working closely with margin model developers and onboarding new trading counterparties. It's a cross-functional role, so it's essential to bring broad experience across prime brokerage, counterparty risk management, exchange operations, futures clearing, and both exchange-traded and OTC derivatives margin modelling.