Python Developer - Market Risk and Default Management

$91,000 - $100,000/Yr

Request Technology - Chicago, IL

Full-time - Mid Level

Chicago, IL

Administrative and Support Services

About the position

The Senior Associate, Market Risk & Default Management - Python Developer role focuses on analyzing market risk exposures and developing tools for financial risk analysis and reporting. This position requires collaboration with various teams to enhance risk management processes and systems, particularly in a hybrid work environment.

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 and version control systems (e.g. Git)
• SQL experience including knowledge of subqueries, CTEs, windows 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: $91k - $106k plus 6% - 10% bonus
• Hybrid work model: 2 days remote and 3 days onsite