Execution Risk Analyst
PEAK6 is a leading investment firm headquartered in Chicago. More than 20 years ago, we were one of the first firms to develop sophisticated proprietary technology in our trading business. Today, we leverage our technical ingenuity and operational ability across several investment areas. We cover everything, spanning from early- to mid-stage growth capital, operational control, trading, and sports management while lending an eye and providing value to the customer. Over the years, we have built and operated several leading financial technology firms and today our team includes a digital wealth clearinghouse, an outsource provider of flood insurance, a Premier League soccer team, a value investment arm, an incubation lab, and more.
As an Execution Risk Analyst on the Risk Management Team, you will provide market risk oversight across the firm’s trading activities, while understanding all significant market risk positions and their impact on the overall portfolio. Additionally, you will help monitor and maintain the firm’s order flow to the marketplace, all while developing necessary tooling to properly carry out such tasks.
You'll Be Responsible For
- Daily monitoring and validation of execution risk
- Regular testing of all execution limits
- Keeping abreast of relevant market events and drivers as they pertain to firm positioning
- Maintaining an active dialogue with support groups regarding risk changes, risk representation, revenue, and regulatory issues.
- Communication of key execution risks to management via presentations and regular write-ups
- Working with other Risk functions including Product Control, Middle Office, Risk IT, and Risk Reporting
You’ll gain loads of experience in this role but before you do, you should have:
- An excellent academic background, degree in a quantitative discipline such as financial engineering, mathematical or computational finance, or combined undergraduate/graduate degrees in economics and statistics
- 3-5 years of experience in a risk analyst role or related position
- Strong proficiency with Excel
- Experience using Python
- Strong attention to detail, project management and prioritization skills which will be key in balancing daily deadlines with timely implementation of strategic projects
- A demonstrable understanding of options pricing methods and models preferred but not required
*Successful completion of the Series 57 will need to be completed within 120 days from hiring date.
All of our team members have these traits. You should, too.
Collaboration Grit
Adaptability Ownership
As a PEAK6 Execution Risk Analyst you can enjoy:
- Generous medical, vision and dental plans
- Matching 401(k) programs
- Adoption assistance & family leave
- Sabbatical program
- Massage days
- Poker tournament with a grand prize of a World Series of Poker buy in
- Sports leagues
- Corn hole tournaments
- Annual PEAK6 Party
- Yoga classes
- Tuition reimbursement
- Lasik eye discount
- Philanthropy events
- Annual wellness screens and flu shots
- Bagel Fridays/expiration lunches
- Birthday gifts
- Charitable matching gift program