Risk Manager - Options

Perm
Risk
London
Europe
90-100k GBP
TD433265

We are a Global Financial Services Firm across Wealth Management and Brokerage. We provide access to US Equity Markets for Traders from Asia and the Far East
We are seeking a highly skilled Risk Manager with a strong background in options products to join our global broker-dealer team in London. The ideal candidate will have a minimum of 5 years of experience in options risk management, preferably within a high-frequency trading, proprietary trading, brokerage or market-making environment.
You will play a critical role in monitoring, assessing, and mitigating risks across our options trading desks, ensuring compliance with regulatory standards and optimizing risk-adjusted returns.


Key Responsibilities:
• Risk Oversight: Monitor and manage trading risks across listed and OTC options markets, ensuring adherence to risk limits and internal policies.
• Position Monitoring: Conduct real-time risk assessment of options portfolios, tracking Greeks, volatility exposure, and stress testing scenarios.
• Market Risk Analysis: Identify, measure, and mitigate exposure to market risks, including price fluctuations, liquidity concerns, and volatility shifts.
• Risk Framework Development: Enhance and implement risk management frameworks, utilizing quantitative models and real-time monitoring tools.
• Regulatory Compliance: Ensure compliance with SEB regulations and global risk management best practices. Collaborate with compliance teams to maintain regulatory reporting standards.
• Trade Surveillance: Identify unusual trading patterns and assess potential threats to market stability.
• Collaboration with Traders: Work closely with traders in India to optimize hedging strategies, margin requirements, and capital efficiency.
• Technology & Automation: Leverage technology to improve risk controls, developing automated risk monitoring and alert systems.

Key Requirements:
• 5+ years of experience in options risk management, preferably within a broker-dealer, hedge fund, or prop trading firm.
• Strong understanding of derivatives pricing models, Greeks, volatility surfaces, and risk metrics.
• Experience with real-time risk monitoring systems and algorithmic trading environments.
• Proficiency in Python, SQL, or VBA for data analysis and risk model development is a plus.
• Strong knowledge of exchange margin rules, stress testing methodologies, and capital requirements.
• Familiarity with FCA regulatory requirements and risk management frameworks.
• Excellent analytical skills with the ability to communicate risk insights to senior stakeholders.

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