Graduate Risk Analyst (2023 Start - Chicago)

Who we are:

Optiver is a tech-driven trading firm and leading global market maker. As one of the oldest market making institutions, we are a trusted partner of 70+ exchanges across the globe. Our mission is to constantly improve the market by injecting liquidity, providing accurate pricing, increasing transparency and acting as a stabilising force no matter the market conditions. With a focus on continuous improvement, we participate in the safeguarding of healthy and efficient markets for everyone who participates.

Optiver Chicago’s culture parallels the energetic city we’re immersed in. Home to the Chicago Board of Trade, Chicago Board Options Exchange, and Chicago Mercantile Exchange, Chicago has established itself as the trading capital of the US. Active on leading US exchanges, Optiver’s Chicago office trades a wide range of products from listed derivatives to cash equities, ETFs, bonds and foreign exchange.

What you’ll do:

Optiver is looking for a Risk Analyst to join our ambitious, results-driven Risk team who is focused on analyzing and improving our risk framework.

The ideal candidate has an affinity for financial markets and a strong quantitative & technical background. As Risk Analyst, you will work closely with traders to develop and improve our risk systems, methodologies, and limits.

• Conduct data analysis to improve and enhance our risk framework
• Perform stress tests and analyze the risk of various trading positions
• Clearly communicate risk data and positions to key internal stakeholders
• Proactively keep track of relevant news that might impact our trading positions and strategies
• Report risk violations to the Chief Risk Officer and the Trading department
• Collaborate with software developers to develop/maintain risk tools
• Proactively identify, capture and evaluate risk incidents
• Analyze orders/quoting behavior of our electronic execution strategies
• Monitor regulatory capital limits

Who you are:

• Bachelor's degree in a quantitative or STEM related field
• Strong analytical and problem solving skills
• Basic understanding of options pricing theory and the ability to understand trading strategies 
• Proficiency in Python
• Excellent numerical skills 
• Excellent verbal and written communication skills
• Strong sense of ownership
• Ability to make informed decisions in fast paced, trading environment
• Legal authorization to work in the U.S. is required; we will not sponsor individuals for employment authorization for this job opening

What you’ll get:

• Work alongside best-in-class professionals from over 40 different countries.
• Performance based bonus structure that is unmatched anywhere in the industry. We combine our profits across desks, teams and offices into a global profit pool fostering a truly collaborative environment to work in.
• Ownership over initiatives that directly solve business problems.  

Alongside this you will get great other benefits such as 25 paid vacation days and market holidays, fully paid commuting expenses and health insurance, daily breakfast and lunch, training opportunities, 401(k) match up to 50% and charitable match opportunities, regular social events and clubs, and many more.