Name of Employer:

The Options Clearing Corporation

Job Title:

Associate Principal, Market Risk Quant

Location:

125 S. Franklin Street, Suite 1200, Chicago, IL 60606

Duties:

Work closely with OCC's quantitative group and other financial risk teams to enhance current market risk monitoring. Perform Market Risk, Credit Risk and Portfolio Management for multiple asset class portfolios, including Daily Exposure, P&L Attribution, Scenario Analysis, Counterparty Risk, Value at Risk (VaR), Portfolio Stress Testing as well as Portfolio Sensitivity Analysis. Develop and execute statistical forecast risk models (like linear regression or auto regression) of financial products for use in risk management of portfolio assets, like S&P 500 Index, VIX and derivative products. Use Python or R and Bloomberg API to achieve automation in financial data analysis and update market monitoring dashboards for financial products for S&P 500, VIX and derivatives. Create database queries using SQL and design dashboards and visualizations using Tableau for Macro Economic variables (RGDP, Housing Price, CPI, and Fed Fund rate) that impact price volatility in assets classes like S&P 500 equities, VIX and commodities. Assist in responses to regulatory, audit and compliance inquiries, develop relationships with internal and external industry stakeholders, Clearing Members, and exchanges, and contribute to risk system design, problem resolutions and corporate initiatives. Provide expert knowledge in the development and testing of risk models for market risk. Form relationships with internal and external auditors, compliance professionals and regulators during exams, audits and reviews. Represent Financial Risk Management on corporate projects and new risk system development. Up to 40% telecommuting permitted. *This position qualifies for The Options Clearing Corporation's Employee Referral Program.*

Education & Experience Required:

Master's degree in finance, mathematical finance, risk management or related and three (3) years of experience as a quantitative financial analyst, risk analyst or related. In lieu of a master's degree plus three years of experience, will accept a Bachelor's degree plus five years of experience in the same fields.

Special Skills Required:

Must have work experience with each of the following: 1) Develop and execute statistical forecast risk models (like linear regression or auto regression) of financial products for use in risk management of portfolio assets, like S&P 500 Index, VIX and derivative products; 2) Use Python or R and Bloomberg API to achieve automation in financial data analysis and update market monitoring dashboards for financial products for S&P 500, VIX and derivatives; 3) Create database queries using SQL and design dashboards and visualizations using Tableau for Macro Economic variables (RGDP, Housing Price, CPI, and Fed Fund rate) that impact price volatility in assets classes like S&P 500 equities, VIX and commodities; 4) Perform Market Risk, Credit Risk and Portfolio Management for multiple asset class portfolios, including Daily Exposure, P&L Attribution, Scenario Analysis, Counterparty Risk, Value at Risk (VaR), Portfolio Stress Testing as well as Portfolio Sensitivity Analysis. Up to 40% telecommuting permitted.

Salary

$153,400 - $176,800

Apply:

Apply online at www.theocc.com. No calls. EOE.

Step 1
When you find a position you're interested in, click the 'Apply' button. Please complete the application andattach your resume.

Step 2
You will receive an email notification to confirm that we've received your application.

Step 3
If you are called in for an interview, a representative from OCC will contact you to set up a date, time, and location.

For more information about , please click .

OCC is an Equal Opportunity Employer