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Enterprise Risk Manager

DV Trading is a proprietary trading firm headquatered in Chicago, IL.

(more about DV Trading)
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Enterprise Risk Manager

About Us:

Founded more than 15 years ago and headquartered in Chicago, the DV Group of financial services firms has grown to more than 350 people operating throughout North America and in Europe. Since spinning out of a large brokerage firm in 2016, DV Trading has rapidly scaled as an independent proprietary trading firm utilizing its own capital, trading strategies, and risk management methodologies to provide liquidity to worldwide financial markets and hedging opportunities to commodity producers and users. Now, DV group affiliates include two broker dealers, a cryptocurrency market making firm, and a bourgeoning investment adviser.

Responsibilities: 

  • Lead Firmwide Risk Management practice at DV Trading by engaging with stakeholders within Risk, Trading Desks, and Technology Teams to design, update, and review the firm’s risk appetite statement
  • Own and develop a risk appetite framework and advise senior leadership on our evolving trading business and strategic oversight to develop leading risk metrics and appropriately measure and manage emerging risks and products
  • Identify and execute enhancements to the firm’s risk appetite framework, including by establishing linkages between risk appetite, the firm’s business planning, liquidity/capital planning, and risk identification processes
  • Engage with businesses as part of the annual business planning process to ensure business growth plans are in alignment with the Firm’s strategic and capital plan in order to allocate scarce resources and limits optimally for each trading desk
  • Develop a deep understanding of the risk appetite and limits and associated governance processes to help traders and risk management build and sustain processes to support the business plan
  • Prepare materials that clearly communicate Risk Appetite and Business Planning analyses to senior management by building your own data, metrics, trends, and recommendations
  • Build Data analytical and Visualization tools to inform Risk limit allocations, enable granular data driven risk analysis, and offer quantitative analysis to leadership for consideration

Requirements: 

  • 10+ years of experience in risk management with a preference for experience in the proprietary trading industry
  • Strong subject matter expertise across the risks and products that are most relevant to a hedge fund and proprietary trading business
  • A demonstrated track record of partnering very effectively with business leaders
  • An established stakeholder network, with experience working with auditors, partners and regulators
  • Strong profiency in Microsoft Office Suite, some SQL knowledge/use 
  • Proven experience in building and developing risk management programs for scale
  • Excellent cross-functional collaboration skills, including navigating leadership and interpersonal working relationships
  • Strong leadership skills and an ability to create a culture of rigor and risk in a high-growth and fast-paced organization