SVP / Director Derivatives Risk Analytics, Futures & Options

Title: SVP / Director Derivatives Risk Analytics, Futures & Options

Office Status: Hybrid Chicago, IL

Base Salary: $220k $260k + Bonus



ABOUT THE ROLE

This SVP / Director-level opportunity offers a derivatives-focused market risk analytics role covering futures and options on futures, within the risk management organization of a well-established, self-clearing FINRA member broker-dealer and registered Futures Commission Merchant (FCM). The role blends quantitative risk modeling, portfolio-level stress and scenario analysis, and system calibration an ideal fit for a derivatives risk professional who combines strong product and pricing intuition across futures and options with hands-on SQL and quantitative analytics skills, and who thrives working across complex, fast-moving portfolios.



RESPONSIBILITIES

• Monitor and analyze derivatives portfolio risk across futures and options on futures;build and maintain quantitative risk models and reporting for daily and management-level risk packages
• Design and maintain SQL queries and relational databases to support risk analytics, scenario modeling, and automated reporting workflows
• Issue intraday and overnight margin calls and risk limit breach notifications;investigate and resolve related inquiries and disputes
• Calibrate risk models, pricing/margin methodologies, and reporting infrastructure used in daily and management risk monitoring
• Design and conduct stress testing, scenario analysis, and liquidation modeling;evaluate intraday and overnight P&L and stress results to identify portfolio-level risk concentrations and recommend protective measures
• Conduct default management analysis and reporting across major U.S. Futures exchanges and clearinghouses
• Set and monitor quantitative limits contract, margin, risk, and exchange-level credit limits across covered derivatives asset classes
• Develop and maintain risk models, policies, and methodologies aligned with derivatives regulatory frameworks (SEC, FINRA, NFA/CFTC)
• Perform other duties as assigned by senior management