Risk Manager - Options

Job Description

Hudson River Trading (HRT) is seeking a Risk Manager to join their New York City office. This role involves designing, improving, and managing market and liquidity risk for options strategies. The Risk Manager will collaborate with risk and trading teams to manage all aspects of options trading risk.

The Risk team is described as dynamic and collaborative, offering the opportunity to impact a successful business within HRT. The role involves a wide remit across trading styles and investment horizons.

Responsibilities:

• Design risk controls for options trading strategies.
• Work with trading teams to understand options strategies and assess their risk profile.
• Analyze historical measures to calibrate thresholds.
• Design & build risk models to capture idiosyncrasies and tail risk of options strategies
• Monitor market, operational, and liquidity risk.
• Collaborate with Operations to develop and implement new risk monitoring tools.
• Evaluate bespoke trading opportunities.
• Work on tactical projects with Finance, Operations, and Engineering.

Requirements:

• 5+ years of experience as an options trader or risk manager.
• Strong understanding of options markets and trading strategies.
• B.S. in mathematics, physics, economics, computer science, electrical engineering or statistics.
• Working knowledge of Python, Linux, SQL.
• Ability to communicate effectively with stakeholders.
• Excellent written and verbal communication skills.

What the Role Offers:

• Exposure to the fast-paced world of automated trading.
• Collaboration with exceptionally talented people.
• Opportunity to impact a highly successful business within HRT.
• Discretionary performance-based bonuses.
• Competitive benefits package.