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- Tasks: As a Risk Analyst, you'll deliver risk analytics and monitor data controls across various asset classes.
- Company: Join DRW, a leading trading firm with over 30 years of experience in global markets.
- Benefits: Enjoy a dynamic work environment with opportunities for growth and innovation.
- Why this job: This role offers hands-on experience in risk management and collaboration with diverse teams.
- Qualifications: A Bachelor's Degree in a technical field and programming experience are essential.
- Other info: Flexibility for on-call support and a passion for continuous learning are key to success.
The predicted salary is between 36000 - 60000 £ per year.
DRW is a diversified trading firm with over 3 decades of experience bringing sophisticated technology and exceptional people together to operate in markets around the world. We value autonomy and the ability to quickly pivot to capture opportunities, so we operate using our own capital and trading at our own risk. Headquartered in Chicago with offices throughout the U.S., Canada, Europe, and Asia, we trade a variety of asset classes including Fixed Income, ETFs, Equities, FX, Commodities and Energy across all major global markets. We have also leveraged our expertise and technology to expand into three non-traditional strategies: real estate, venture capital and cryptoassets. We operate with respect, curiosity and open minds. The people who thrive here share our belief that it’s not just what we do that matters–it’s how we do it. DRW is a place of high expectations, integrity, innovation and a willingness to challenge consensus.
As a Risk Analyst on our Risk Operations team, you will work across a wide variety of asset classes to deliver risk analytics and implement/monitor risk data controls. You will also work closely with Risk Managers to configure and improve our risk systems, methodologies, and limits. This role also involves frequent interaction with risk developers and collaboration with other groups across the firm. Over time, this role offers the opportunity to grow into risk management responsibilities, including monitoring of markets and risk drivers across portfolios, evaluating new trade/strategy ideas, and communicating with traders/senior management when risks grow beyond established tolerances.
Responsibilities:
- Prototype and implement risk dashboards to improve transparency across various products
- Build and improve tools and configure models to help manage risks
- Run and automate analysis processes and perform ad hoc data analysis
- Validate and support risk models, methodologies, and risk management reports
- Actively participate in the risk oversight process (control, monitor, track)
- Assist in the preparation and review of external reporting and audit information
- Periodically contribute to risk management activities, which may include market and risk monitoring and exception monitoring and tracking
- Identify opportunities for innovation within executed tasks, processes and projects that contribute to the improved efficiency and effectiveness of the team
- Collaborate with software developers to maintain or productionize risk tools
Required Experience and Skills:
- Bachelor’s Degree in a technical or quantitative field (Financial Engineering, Mathematics, Financial Math, Statistics, Computer Science)
- 3-5 years of work experience
- Knowledge of financial markets and financial instruments; exposure to related risk analytics and pricing preferred
- Previous programming or scripting experience (using Python, R, VBA or similar) required
- Proficiency using Microsoft Office Excel and related advanced features
- Proficiency in SQL to analyze and manage large data sets
- Strong analytical and organizational skills with acute attention to detail
- Flexibility to provide on-call support as needed
- Ability to balance tactical and strategic initiatives and changing priorities
- Motivation to continually expand skillset and improve supported systems
Risk Analyst employer: DRW
Contact Detail:
DRW Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Risk Analyst
✨Tip Number 1
Familiarise yourself with the specific asset classes that DRW trades in, such as Fixed Income, ETFs, and Commodities. Understanding these markets will not only help you during interviews but also demonstrate your genuine interest in the role.
✨Tip Number 2
Brush up on your programming skills, particularly in Python or R, as these are essential for the role. Consider working on small projects or contributing to open-source initiatives to showcase your coding abilities.
✨Tip Number 3
Network with current or former employees of DRW through platforms like LinkedIn. Engaging in conversations about their experiences can provide valuable insights and potentially give you a referral.
✨Tip Number 4
Stay updated on the latest trends in risk management and analytics. Reading industry publications or attending webinars can help you speak knowledgeably about current challenges and innovations during your interview.
We think you need these skills to ace Risk Analyst
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience and skills that align with the Risk Analyst role. Emphasise your technical background, programming skills, and any experience in financial markets or risk analytics.
Craft a Compelling Cover Letter: Write a cover letter that showcases your passion for risk analysis and your understanding of DRW's operations. Mention specific projects or experiences that demonstrate your ability to innovate and collaborate effectively.
Highlight Technical Skills: Clearly outline your proficiency in programming languages like Python or R, as well as your experience with SQL and Excel. Provide examples of how you've used these skills in previous roles to manage data or perform analyses.
Showcase Analytical Abilities: In your application, include examples of how you've approached complex problems analytically. Discuss any tools or methodologies you've developed or improved, and how they contributed to risk management or operational efficiency.
How to prepare for a job interview at DRW
✨Understand the Role
Make sure you have a solid grasp of what a Risk Analyst does, especially in the context of DRW. Familiarise yourself with risk analytics, data controls, and the specific asset classes they deal with. This will help you answer questions more confidently and show your genuine interest in the position.
✨Showcase Your Technical Skills
Since the role requires programming experience, be prepared to discuss your proficiency in Python, R, or SQL. Bring examples of past projects where you've used these skills, particularly in financial contexts, to demonstrate your capability and relevance to the job.
✨Prepare for Scenario-Based Questions
Expect to face scenario-based questions that assess your analytical thinking and problem-solving abilities. Think about how you would approach risk management challenges and be ready to articulate your thought process clearly during the interview.
✨Emphasise Collaboration
DRW values teamwork and collaboration, so be sure to highlight any experiences where you've worked closely with others, especially in cross-functional teams. Discuss how you’ve contributed to team success and how you can bring that collaborative spirit to their Risk Operations team.
