Junior Risk Analyst

Overview

The Junior Risk Analyst will support the Futures Commission Merchant (FCM) Operational Risk function, focusing on identifying, assessing, monitoring, and mitigating operational risks across clearing, execution, and operations. 

Key Responsibilities

• Monitor participant funding levels to ensure positions remain fully collateralized.
• Support identification of key risk indicators (KRIs) related to trade processing, operations, reconciliations, and client money segregation.
• Review daily clearing activity, open positions, and settlement obligations.
• Produce daily, weekly, and monthly risk reports for the CRO.
• Monitor settlement and payment flows.
• Log and track operational loss events and near-misses in the firm’s risk management program.
• Assist with stress testing and scenario analysis.
• Escalate risk limit breaches and operational incidents.
• Support regulatory reporting and documentation requirements.
• Maintain risk dashboards and key risk indicators.
• Participate in default management and business continuity exercises.
• Help document and assess operational risks arising from new products, system changes, and process modifications.

Core Reporting

• Compile and distribute daily/weekly operational risk reports to senior management and business line owners
• Track open risk issues, control deficiencies, and action plans to resolution,
• Monitor incident logs and assist in root cause analysis of operational failures.
• Collateral sufficiency and funding status
• Concentration metrics
• Settlement performance
• Liquidity resources
• Operational incidents and exceptions
• Stress testing results
• Regulatory and compliance exceptions

Key Risk Focus Areas

• Operational Risk
• Settlement Risk
• Liquidity Risk
• Concentration Risk
• Counterparty Risk
• Regulatory Compliance Risk
• Model and Valuation Risk

Escalation Thresholds

• Collateral deficiencies
• Settlement failures
• Material operational outages
• Risk limit breaches
• Significant participant concentration concerns
• Regulatory reporting issues

Regulatory and Compliance Support

• Support compliance with CFTC Regulation 1.25 (Investment of customer funds), Part 22 and NFA rules applicable to FCM operations.
• Assist in preparation for regulatory examinations (NFA, CFTC) and internal audit
• Help ensure adherence to customer segregation and secured amount requirements under CFTC 1.20 and 30.7.

Qualifications

• Bachelors degree in Finance, Economics, Mathematics, Statistics or a related field
• 1 or more years of experience in risk, trading operations, or financial services

Depending on the role, your interview and onboarding experience may include in-person components, such as onsite interviews or Launching into Better: LIVE—a multi-day cultural immersion in New York City for full-time, non-seasonal hires. These sessions are designed to build connection and bring our culture to life, though specific travel and participation requirements will be confirmed based on your role and location. Your recruiter will provide clear guidance at each stage of the process.

For information about our benefits, please visit https://benefitsatfanatics.com/