Market Risk - Python Developer

$91,000 - $100,000/Yr

Request Technology - Chicago, IL

Full-time - Mid Level

Chicago, IL

Administrative and Support Services

About the position

The Market Risk - Python Developer position is a senior associate role focused on analyzing market risk exposures and developing tools for financial risk analysis within a hybrid work environment. The role involves collaboration with various teams to enhance risk management processes and systems, particularly in the context of capital markets and financial products.

Responsibilities

• Analyze market risk exposures for products and accounts
• Develop tools and reports using large data sets to assist with financial risk analysis and reporting
• Conduct ad-hoc data analysis for senior management during critical market events
• Monitor current financial market conditions including corporate earnings and key economic announcements to assess the potential impact on the Clearing Member portfolios
• Monitor clearing members' trading positions and collateral for sensitivities to various risk factors using market risk methodologies including Monte Carlo and Stress Testing
• Assist the Market Risk Team with proposing, developing and specifying requirements for a best-in-class intraday market risk system along with a suite of proprietary technological tools
• Work collaboratively with other functions including the Quantitative Risk Management team and various IT teams

Requirements

• 2+ years current Python scripting and database experience
• Experience with Python libraries such as Pandas and NumPy
• Experience with version control systems (e.g., Git)
• SQL experience including knowledge of subqueries, CTEs, window functions, partitions, advanced join commands, and using grouping and aggregate functions
• Bachelor's Degree in Finance, Economics, Risk Management, Statistics, Computer Science or related field
• Two or more years of experience in capital markets, Back Office operations, risk management or technical field

Nice-to-haves

• Experience with Bloomberg API

Benefits

• Salary range of $91k - $106k plus 6% - 10% bonus
• Hybrid work model (2 days remote, 3 days onsite)