Jobs
>
Chicago

    Market Risk Associate - Chicago, United States - ABN AMRO Clearing USA LLC

    ABN AMRO Clearing USA LLC
    ABN AMRO Clearing USA LLC Chicago, United States

    4 weeks ago

    Default job background
    Description

    Winner of Built In's 2024 Best Places to Work

    Read the overview of this opportunity to understand what skills, including and relevant soft skills and software package proficiencies, are required.

    About ABN AMRO Clearing USA LLC:

    ABN AMRO Clearing USA LLC (AAC-USA) is a subsidiary of ABN AMRO Clearing Bank N.V. We are a global clearing firm that provides an integrated suite of financial services to professional trading participants in the global financial market.

    The core service offering consists of clearing, execution, stock borrowing and lending, settlement. AAC-USA has a Global Reach through direct and indirect clearing memberships to over 90 of the world's leading exchanges. Our international network provides comprehensive market access to exchange-listed instruments such as stocks, futures, and options. ABN AMRO Clearing USA LLC-Member FINRA, NFA, FIA and SIPC.

    Team Overview:

    The Risk Management department ensures market surveillance and market, credit, operational and enterprise risks of AAC-USA are managed in line with the regulations and risk appetite. The department creates a culture and framework of risk awareness in order to achieve a sustainable profitable growth, building and keeping the trust and confidence of all stakeholders (clients, regulators, shareholders).

    The Market Risk team serves as a key second line of defense element within AAC-USA's risk management framework. The team continuously monitors client portfolios in order to ensure that exposures remain consistent with approved parameters and firm policies.

    Job Overview:

    The Market Risk Associate role includes responsibility for a variety of daily tasks and procedures, as well as project-oriented activities meant to improve and enhance AAC-USA's ability to protect itself and its clients. A successful candidate should exhibit excellent communication skills, be motivated toward continuous learning and professional growth, and should take a keen interest in understanding client trading strategies and global financial markets generally.

    Responsibilities:

    • Support the Market Risk second line functions of AAC-USA according to the firm's established risk policies and reporting guidelines
    • Monitor client portfolios and markets to identify potential risks, perform corrective actions and enforce risk parameters
    • Become familiar with a broad range of markets and products globally through interactions with clients, market venues and other risk professionals
    • Contribute to constant improvement in our approach by making recommedations to management to enhance our market risk practices
    • Work on projects and development tasks as assigned by senior management

    Requirements

    • 1-2 years of experience in Risk Management, Finance or Information Technology preferred
    • Bachelor's Degree in Finance, Math, Computer Science, IT or other technical field
    • Comfort with and ability to master various computer systems and software applications
    • Ability to multi-task and set priorities in a fast-paced environment.
    • Ability to work within a team and a collaborative work environment; strong work ethic and tenacity
    • Interest in Financial Risk Management, financial modeling, and regulatory risk frameworks

    Preferred Skills

    • Familiarity with programming languages (Visual Basic, SQL, Python, R);
    • Understanding of relational databases and data architecture
    • Proficiency with Tableau

    Perks and Benefits

    As a global leader in financial services, we rely on our employees to deliver their best work for our clients. We invest in our employees by offering a host of benefits and perks.

    • Flexible hybrid work schedules (generally a minimum of three days per week onsite) with a one-time stipend to help improve hybrid working capabilities
    • Generous paid time off, sick days, market-based holiday schedule, sabbatical leave, parental/bonding leave plan and volunteer day off
    • Competitive health benefit offerings, including choice of medical plans through BCBS-IL, dental plan, vision and flexible spending accounts
    • Complimentary annual membership to One Medical, a dedicated EAP and a benefits concierge service
    • Employer paid benefits such as term life, AD&D and disability insurance
    • Robust 401(k) Plan with a generous match and vesting schedule
    • Annual learning stipend and tuition assistance program to help employees pursue additional education
    • Company-issued laptops and role dependent mobile stipend
    • Corporate Divvy memberships and pre-tax commuter benefits
    • Monthly wellness subsidy available to be used towards wellness and fitness activities
    • Regular, open communication including monthly Town Hall meetings with the Management Team
    • A matrixed, culture-based organization with collaborative teams that promote diversity, equity and inclusion
    • Free coffee & tea, fresh fruit and snacks, "bagel Wednesday" and monthly treats to celebrate workiversaries and birthdays
    • Employee-led committees to bring awareness and inclusive activities to our employees
    • Modern open office with a large kitchen/meeting gathering area – including foosball and ping pong tables
    • Private, well-equipped Mother's room
    • Office is conveniently located in the Chicago Loop Financial District – close to CTA and Metra
    • Well-maintained building (an architectural "masterpiece") and a part of Chicago history – with a robust business center, gym, restaurants, café, game room and a shared rooftop terrace with green space

    This information is intended as a summary of potential benefits only. Eligibility for the plans and programs listed here depends on the nature of employment, length of service and other factors. Actual coverage is governed by supporting summary plan descriptions and related policies.

    ABN AMRO Clearing USA (AAC-USA) is proud to be an equal opportunity employer. AAC-USA celebrates diversity and does not discriminate on the basis of actual or perceived race, creed, color, religion, alienage or national origin, ancestry, citizenship status, age, disability or handicap, sex, marital status, veteran status, sexual orientation, status as a victim of domestic violence, sex offenses or stalking, genetic predisposition or carrier status, gender identity or expression, or any other characteristic protected by applicable federal, state or local laws.

    We cultivate a culture of inclusion for all employees that respects individual strengths, views and experiences. We believe that our differences enable us to be a better and stronger team – one that makes better decisions and delivers better business results. AAC-USA participates in the E-Verify program in the US.

  • ABN AMRO Clearing USA LLC

    Market Risk Associate

    4 weeks ago

    ABN AMRO Clearing USA LLC Chicago, United States

    Winner of Built In's 2024 Best Places to Work · About ABN AMRO Clearing USA LLC: · ABN AMRO Clearing USA LLC (AAC-USA) is a subsidiary of ABN AMRO Clearing Bank N.V. We are a global clearing firm that provides an integrated suite of financial services to professional trading part ...

  • Northern Trust

    Sr Associate, IT Risk

    4 weeks ago

    Northern Trust Chicago, United States

    About Northern Trust: · Northern Trust, a Fortune 500 company, is a globally recognized, award-winning financial institution that has been in continuous operation since 1889. · Northern Trust is proud to provide innovative financial services and guidance to the world's most succe ...

  • finra

    Associate Principal Risk Specialist

    5 days ago

    finra Chicago, United States Full time

    Execute functions in support of specialized units missions including, but not limited to, examinations, investigations, consultations, advisory, knowledge sharing, and quality assurance.Essential Job Functions: · Leads examinations of low, medium-low, and medium-high risk and com ...

  • Request Technology, LLC

    Senior Associate, Enterprise Risk Management

    2 weeks ago

    Request Technology, LLC Chicago, United States

    ***Hybrid, 3 days onsite, 2 days remote*** · A prestigious company is looking for a Senior Associate, Enterprise Risk Management. This Senior Associate will need to have 3 years of experience working as an analyst/auditor of ERM and financial risk. This role will support a team t ...

  • ABN AMRO Clearing USA LLC

    Market Risk Associate

    3 weeks ago

    ABN AMRO Clearing USA LLC Chicago, United States

    Winner of Built Ins 2024 Best Places to Work · About ABN AMRO Clearing USA LLC: · ABN AMRO Clearing USA LLC (AAC-USA) is a subsidiary of ABN AMRO Clearing Bank N.V. We are a global clearing firm that provides an integrated suite of financial services to professional trading par ...

  • OCC

    Associate Principal, Third Party Risk Management

    6 days ago

    OCC Chicago, United States Full time

    What You'll Do: · This role will provide critical support to Third Party Risk Management by overseeing Analysts in the execution of risk identification, Third Party Risk Assessments and mitigation support, as well as preparing Management reports. The Associate Principal will be ...

  • The Options Clearing Corporation

    Associate Principal, Market Risk Quant

    3 weeks ago

    The Options Clearing Corporation Chicago, United States

    Associate Principal, Market Risk Quant page is loaded · Associate Principal, Market Risk Quant · Apply · locations · Chicago - 125 S Franklin · time type · Full time · posted on · Posted 2 Days Ago · job requisition id · REQ-3757 · Name of Employer: · The Options Clear ...

  • The Options Clearing Corporation

    Associate Principal, Market Risk Quant

    6 days ago

    The Options Clearing Corporation Chicago, United States

    Name of Employer: · The Options Clearing Corporation · Job Title: · Associate Principal, Market Risk Quant · Location: · 125 S. Franklin Street, Suite 1200, Chicago, IL 60606 · Duties: · Work closely with OCC's quantitative group and other financial risk teams to enhance c ...

  • U.S. Bank National Association

    Associate Is Governance, Risk

    1 week ago

    U.S. Bank National Association Chicago, United States

    At U.S. Bank, we're on a journey to do our best. Helping the customers and businesses we serve to make better and smarter financial decisions and enabling the communities we support to grow and succeed. We believe it takes all of us to bring our shared ambition to life, and each ...

  • Avant

    Business Risk Associate

    3 weeks ago

    Avant Chicago, United States Full time

    Avant is adding to our Business Risk Team in Chicago We are looking for an entrepreneurial, self-driven candidate who is passionate about the function of Risk Management and interested in making a difference. This person will be responsible for contributing to our Issues Manageme ...

  • CME Group

    Risk Mgmt Policy Associate

    3 weeks ago

    CME Group Chicago, United States

    The · Risk Management Policy Associate · will be responsible for leading efforts to shape risk management policy, leveraging industry knowledge and experience. Support the Senior Director, Risk Policy, Recovery & Resolution in building out risk management policies related to cu ...

  • Aritzia

    Retail Stores- Risk Associate

    4 days ago

    Aritzia Chicago, United States

    **Job Description**: · - THE DEPARTMENT- Our Enterprise Risk Management department is responsible for minimizing loss while respecting people, brand and operations.- THE OPPORTUNITY- With a special focus on merchandise security, our Risk Associate supports the Store team in deliv ...

  • OCC

    Senior Associate, Market Risk

    4 weeks ago

    OCC Chicago, United States Full time

    This position does not qualify for visa sponsorship · Who We Are · About Us · The Options Clearing Corporation (OCC) is the world's largest equity derivatives clearing organization. Founded in 1973, OCC is dedicated to promoting stability and market integrity by delivering cleari ...

  • Request Technology

    Senior Associate, Enterprise Risk Management

    2 weeks ago

    Request Technology Chicago, United States

    ***Hybrid, 3 days onsite, 2 days remote*** · A prestigious company is looking for a Senior Associate, Enterprise Risk Management. This Senior Associate will need to have 3 years of experience working as an analyst/auditor of ERM and financial risk. This role will support a team ...

  • Blackwomenintech

    Associate Principal, Market Risk Quant

    3 weeks ago

    Blackwomenintech Chicago, United States

    Name of Employer: · The Options Clearing Corporation · Job Title : · Associate Principal, Market Risk Quant · Location: · 125 S. Franklin Street, Suite 1200, Chicago, IL 60606 · Duties: · Work closely with OCC's quantitative group and other financial risk teams to enhance current ...

  • OCC

    Associate Principal, Model Risk and Validation

    2 weeks ago

    OCC Chicago, United States Full time

    About Us · OCC, founded in 1973, is the world's largest equity derivatives clearing organization. OCC is dedicated to promoting stability and financial integrity in the marketplaces that it serves by focusing on sound risk management principles. We serve 16 options exchanges, 2 ...

  • Northern Trust

    Associate, Investment Risk and Analytical Services,

    1 month ago

    Northern Trust Chicago, United States Full time

    About Northern Trust: · Northern Trust, a Fortune 500 company, is a globally recognized, award-winning financial institution that has been in continuous operation since 1889. · Northern Trust is proud to provide innovative financial services and guidance to the world's most succe ...

  • Options Clearing Corporation

    Associate Principal, Operational Risk Management

    3 weeks ago

    Options Clearing Corporation Chicago, United States

    What You'll Do: · Primary Duties and Responsibilities: · To perform this job successfully, an individual must be able to perform each primary duty satisfactorily.- Collaborate with IT, Security, TPRM, Legal, Compliance, and Internal Audit to ensure that Corporate Risk contributes ...

  • Northern Trust

    Associate, Investment Risk and Analytical Services,

    1 month ago

    Northern Trust Chicago, United States Full time

    About Northern Trust: · Northern Trust, a Fortune 500 company, is a globally recognized, award-winning financial institution that has been in continuous operation since 1889. · Northern Trust is proud to provide innovative financial services and guidance to the world's most succe ...

  • OCC

    Associate Principal, Quantitative Risk Management

    2 weeks ago

    OCC Chicago, United States Full time

    What You'll Do: · The Associate Principal is responsible for one or more functions within Quantitative Risk Management (QRM) to develop and maintain risk models for margin, clearing fund and stress testing: model analytics and performance monitoring; model prototyping and testing ...