Risk Manager Centralized Exchange

You will lead the independent Risk Management Unit and build, administer, and enhance its Risk Management Program. You will set and monitor risk limits, assess customer and firm exposures, run stress testing, oversee margin and liquidation risk, prepare risk reports and regulatory filings, and evaluate risks for new products, venues, and clearing relationships.

Responsibilities

• Write and maintain the Risk Management Program under CFTC Regulation 1.11.
• Set and monitor pre-trade and intraday limits for market, credit, margin, concentration, and volume exposure.
• Detect limit breaches and escalate them promptly to senior management.
• Develop and monitor customer-margin and risk-limit frameworks.
• Monitor credit, concentration, deficit, and liquidation risks.
• Run stress tests, scenario analysis, and exposure aggregation across customers, products, and venues.
• Monitor liquidity, capital, counterparty, and depository exposure with Finance.
• Provide risk oversight of customer-fund segregation and residual interest.
• Assess clearing, settlement, contract-expiration, technology, data, and third-party risks.
• Prepare quarterly and interim Risk Exposure Reports and coordinate required regulatory filings.
• Track Risk Management Program changes and remediation items through completion.
• Assess risks of new products, venues, and clearing relationships before launch.

Requirements

• 4–8 years of market, credit, or margin risk experience at an FCM, clearing firm, DCO, broker-dealer, or trading firm.
• Strong knowledge of futures and derivatives margining, exposure measurement, and liquidation practices.
• Experience with risk limits, stress testing, and reporting to senior management.
• Working knowledge of FCM risk obligations, including Regulation 1.11, segregation, and capital.
• Quantitative and data skills using Python, SQL, or advanced Excel.
• Written communication skills for governance and regulatory reporting.
• Clean regulatory record with no NFA or FINRA disciplinary history.