London, UK
8 days ago
Junior Risk Manager

DRW is a diversified trading firm with over 3 decades of experience bringing sophisticated technology and exceptional people together to operate in markets around the world. We value autonomy and the ability to quickly pivot to capture opportunities, so we operate using our own capital and trading at our own risk.

Headquartered in Chicago with offices throughout the U.S., Canada, Europe, and Asia, we trade a variety of asset classes including Fixed Income, ETFs, Equities, FX, Commodities and Energy across all major global markets. We have also leveraged our expertise and technology to expand into three non-traditional strategies: real estate, venture capital and cryptoassets.

We operate with respect, curiosity and open minds. The people who thrive here share our belief that it’s not just what we do that matters – it's how we do it. DRW is a place of high expectations, integrity, innovation and a willingness to challenge consensus.

We are currently seeking a Junior Risk Manager. This position will report to the Head of Commodities Risk and be responsible for performing daily risk monitoring of our trading portfolios and assisting in the ongoing development and enhancement of our risk management framework and tools, with a focus on our commodities business.

Core 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 small group of desks, and own communication of risk-related information to Traders/Portfolio Managers

 Required Experience and Skills:   

Bachelor's degree required in a technical or quantitative field; advanced degree desirable Minimum of 3 years of experience in risk management or trading Knowledge of financial markets and instruments, ideally focused in Commodities; familiarity with related risk analytics and pricing models Must have strong quantitative background and data analysis experience Previous experience using tools such as SQL, VBA, Python or R for data analysis and modeling; programming background helpful Must be proactive and able to work independently Must have excellent written and verbal communications skills Sound judgment and strong analytical skills essential

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