London, UK
81 days ago
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 looking for a Risk Manager to be based in our London office. This position will report to the Director of Risk Management in Chicago and be responsible for performing daily risk monitoring of our trading portfolios and for assisting in the ongoing development and enhancement of our risk management framework and tools.     

Core Responsibilities: 

Work with assigned trading businesses to parameterize their specific risks and monitor and measure trading activity Define, establish and maintain risk frameworks for various trading strategies Monitor daily trading activity according to established risk limits and assess risk exposures Communicate risk-related information to Traders/Portfolio Managers Provide risk-related reporting to senior management 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

Required Experience and Skills:  

Previous risk management experience required; previous trading experience preferred Must have strong quantitative background and substantial data analysis experience Previous experience using tools such as SQL, VBA, Python or R for data analysis and modeling; programming background helpful Intuitive understanding of options pricing models and risk measures Thorough understanding of fixed income markets required Experience building tools and reporting for risk or trading Must have excellent written and verbal communications skills Sound judgment and strong analytical skills essential Must be proactive and able to work independently Bachelor's degree required; advanced degree in quantitative field desirable

 

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