Risk Director, Futures

JCW Group is working on behalf of a financial services institution that’s looking to hire a Director to manage the risk function for the FCM business. This role will own margin methodology, stress testing and residual interest, with scope to expand into collateral and credit risk management. This is a highly visible, hands-on role with direct exposure to the Risk Management Committee and significant room to grow as the business scales.

Responsibilities:

• Own and refine the risk framework and methodology
• Build and run stress tests and backtests to size potential shortfalls under extreme market moves
• Maintain the customer default playbook, prepare Risk Management Committee materials and set parameters for new products

Requirements:

• 6+ years of quantitative risk experience with previous experience building and scaling
• Direct experience in a risk function at an FCM required
• Deep fluency in risk and margin models (including VaR), with the ability to build them independently
• Strong grounding in derivatives and working knowledge of the CFTC regulatory landscape