Operational Risk Analyst at ThinkMarkets

| Chicago
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As an Operational Risk Analyst you will be working closely with the trading, operations, and sales teams. The main focus will be the operational support for new and existing traders on standard retail and direct API platforms. This includes product setup and configuration, management of price streams and external trade connections, and trade support. The candidate will also be responsible situationally for stepping into the desk and monitoring market risk across the entire order book: including FX, indices, cryptocurrencies, equities, and commodities to hedge and/or escalate as needed.

The ideal candidate will have middle or back office experience at a trading firm, bank, or other financial institution with experience working with a trade or position-based level of granularity (eg position/ cash reconciliations, corporate actions). Experience with trade systems will be important in order to maintain bespoke product offerings and commercial terms for end traders; the ability to collaborate with internal and external IT teams around FIX-based integrations with additional banks and trading partners will also be important.

Ideally, you will have worked with FX, futures, and equities in the past and have a strong quantitative background, including work with Excel and SQL. Strong candidates will have experience in all aspects of the Financial Services industry such as analysis of order books, trade processing, and/or market data.

The role will primarily focus on US market hours; however, the desk operates globally 24/5. As such, the flexibility to manage other shifts (primarily APAC) will occasionally be required.

 

Responsibilities:

 

  • Provide operational support for all kinds of trade-related inquiries
  • Manage onboarding process for large trading counterparties that require bespoke setups
  • Develop robust, repeatable, and scalable operational processes where necessary; communicate these to relevant team members and manage the processes on a daily basis
  • Reconcile prime broker and margin liquidity providers' positions versus in-house positions
  • Reconcile account cash balances to system P&L
  • Perform real-time management of risk and hedge as appropriate within agreed limits
  • Monitor proprietary system of trade-based alerts and escalate as necessary
  • Provide daily review and explanation of the positions, P&L, and risk profile of the trading book to senior management
  • Liaise with colleagues globally to ensure smooth handover and synchronization of teams

Desired Skills and Experience:

 

  • A bachelor’s or master’s degree in business, economics, computer science, mathematics, or a hard-science from a top university
  • 2-10 years' work experience in trading-related area – middle or back office
  • Detail-orientated and data-driven focus to solving problems
  • Understanding of trading strategies in FX, futures, equity, and crypto space
  • Technical knowledge of and experience with trading systems
  • Proficiency in Excel and SQL (R/ Python a plus)
  • Disciplined self-starter with ability to make well-balanced decisions and solve problems under pressure
  • Good communication skills and the confidence to professionally challenge other’s ideas and opinions
  • CFA designation a plus but not required
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Technology we use

  • Engineering
  • Product
  • Sales & Marketing
    • .NETLanguages
    • C#Languages
    • C++Languages
    • JavaLanguages
    • JavascriptLanguages
    • PythonLanguages
    • RLanguages
    • SqlLanguages
    • SwiftLanguages
    • Objective CLanguages
    • SwiftLanguages
    • Cocoa TouchLanguages
    • HTMLLanguages
    • CSSLanguages
    • SolidityLanguages
    • EtherumLanguages
    • ReactLibraries
    • AngularJSFrameworks
    • Node.jsFrameworks
    • SpringFrameworks
    • CassandraDatabases
    • Microsoft SQL ServerDatabases
    • MongoDBDatabases
    • MySQLDatabases
    • OracleDatabases
    • PostgreSQLDatabases
    • Google AnalyticsAnalytics
    • IllustratorDesign
    • InVisionDesign
    • PhotoshopDesign
    • JIRAManagement
    • WordpressCMS
    • KenticoCMS

Location

We are in the financial district of the city, located in the UBS Tower. We welcome others who would like to master the latest in tech with us.

An Insider's view of ThinkMarkets

What’s the vibe like in the office?

We're definitely a hardworking bunch, and we're very passionate about what we do. The culture is dynamic and collaborative, and there's always something to work on which helps the day fly by!

Ashley

Executive Assistant to the CEO

What does your typical day look like?

We start the day with a web call summarizing portfolio risks, exposures & order flow with our teams in Dubai & London. We track, measure, & report any trade issues with our clients; we’re always aware of changes in the risk profile of the firm portfolio. We're constantly checking on pricing, liquidity & execution across all our product offerings.

Pat

Head of Options

What makes someone successful on your team?

Above all, having passion for what you do will make an individual successful in any position! Specifically here at ThinkMarkets, we value a collaborative and innovative mindset to make our team run the most efficiently.

Theresa

Human Resources Associate

How do your team's ideas influence the company's direction?

At ThinkMarkets, ideation that challenges the norm and status quo is embraced! We prioritize growth and innovation to drive the business forward. As a Marketing Team, our mission is to bring the brand personality to life across the globe with a lean methodology that enables ThinkMarkets to proactively and constantly drive progress and efficiency.

Rich

Head of Performance Marketing

What projects are you most excited about?

It's amazing to design a web-based trading platform, providing users with the most effortless and exciting trading experience! I enjoy collaborating with a team of professional and smart co-workers, whose expertise in different domains solve user problems, fuel creativity, gain industry value, and shoot for more exciting outcomes for the company!

Athens

UI/UX Designer

What are ThinkMarkets Perks + Benefits

Culture
Friends outside of work
Eat lunch together
Open door policy
Team owned deliverables
Team based strategic planning
Group brainstorming sessions
Pair programming
Open office floor plan
Diversity
Highly diverse management team
Mean gender pay gap below 10%
Health Insurance & Wellness Benefits
Dental Benefits
Health Insurance Benefits
Wellness Programs
Retirement & Stock Options Benefits
401(K)
Performance Bonus
Vacation & Time Off Benefits
Generous PTO
Paid Holidays
Paid Sick Days
Perks & Discounts
Commuter Benefits
ThinkMarkets covers up to 85% of transit costs and the remaining balance can be deducted from paychecks pre-tax.
Stocked Kitchen
We have an espresso and coffee machine, tea, and snacks stocked in our kitchen!
Some Meals Provided
Free lunch catered in on Fridays!
Fitness Subsidies
ThinkMarkets provides $65 a month to each employee to use towards gym memberships or classes (yoga, barre, kick-boxing, etc.) to promote a healthy lifestyle!
Professional Development Benefits
Promote from within
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