Senior Python Developer - Market Risk

$90,000 - $100,000/Yr

Request Technology - Chicago, IL

Full-time - Mid Level

Chicago, IL

Administrative and Support Services

About the position

The Senior Python Developer for Market Risk will be responsible for analyzing market risk exposures and developing tools to assist with financial risk analysis and reporting. This role requires a strong understanding of statistical concepts and experience in capital markets, with a focus on Python development and data analysis.

Responsibilities

• Analyze market risk exposures for products and accounts including equities, futures, index and equity options, options on futures and government securities.
• 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.
• 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 by proposing, developing and specifying requirements for a best-in-class intraday market risk system along with a suite of proprietary technological tools.

Requirements

• Bachelor's Degree in Finance or related field.
• Proficient understanding of statistical concepts, derivatives pricing, securities markets, and options trading strategies.
• 2+ years of experience in capital markets, back-office operations, or risk management.
• 2+ years of Python Development experience.
• Experience with Pandas, NumPy, and 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.

Nice-to-haves

• Experience with Bloomberg API preferred.

Benefits

• Salary: $90k-$100k + bonus
• Hybrid work model: 3 days onsite, 2 days remote