Algo & Prop Risk
2 days ago
Role & responsibilities
- Analyze and monitor risk exposure arising from algorithmic trading strategies and proprietary trading positions.
- Develop and implement risk models and metrics tailored to algorithmic and prop trading activities.
- Conduct stress testing, scenario analysis, and back testing of trading algorithms to identify vulnerabilities and potential losses.
- Collaborate with quantitative researchers and developers to optimize risk controls embedded within trading algorithms.
- Generate daily and ad hoc risk reports, highlighting key risk factors and breaches to senior management.
- Ensure compliance with internal risk policies and external regulatory requirements.
Preferred candidate profile
- Prior experience in algorithmic trading, proprietary trading, or risk management roles within investment banks, hedge funds, or trading firms.
- Understanding of market microstructure and algorithmic trading strategies (e.g., market making, arbitrage, momentum).
- Proven ability to analyze large datasets and identify risk patterns or anomalies.
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