Manager of risk management strategies at Nodal Exchange. Leading risk assessment models and managing inquiries regarding exchange operations in the North American market.
Responsibilities
Develop and assess risk management approaches for customer portfolios, including pricing and risk management models for existing and new environmental derivative contracts
Conduct and review daily backtest and stress tests
Analyze multi-million row datasets, produce reports to communicate with senior management, and create tools to automate workflows
Conduct research and synthesize information from a variety of sources, including the internal data, model outputs, and market/industry data and research reports, to monitor the competitive landscape and support the development of new contracts and services
Manage inquiries from both internal (senior management and the Board) and external (customers and regulators) sources regarding the exchange operations
Maintain and improve default management framework of the clearing house
Requirements
Bachelor’s degree or higher in quantitative finance, economics, statistics, applied mathematics, engineering or comparable area
5+ years of experience working in quantitative analytical roles, ideally in financial service markets
3+ years of experience in a credit/market risk management role
Proficient in scripting language, such as Python or R (at least one is required)
Strong problem-solving ability
Strong communications skills
Market risk management experience, ideally at an exchange, a clearing house, or an FCM (futures commission merchant)
Experience in assessing counterparty credit risk, including credit monitoring and financial statement analysis, particularly for banking counterparties
Ability to work a hybrid schedule (3-days a week) onsite in Tysons Corner office
Benefits
Nodal offers its employees a wide range of benefits designed to support health, well-being, and work-life balance
Nodal Exchange is an E-verify participant
Applicants for this position must be currently authorized to work in the United States on a full-time basis
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