Job Title: Operational Risk Analyst
Location: Chicago, IL
Position Overview:
Our client is seeking an Operational Risk Analyst to join their team and play a crucial role in identifying, assessing, and managing operational risks across their trading and business operations. This role will involve working closely with trading, technology, and business teams to ensure that risks are effectively mitigated, processes are streamlined, and that our client continues to maintain its reputation as a leading global trading firm. The ideal candidate will possess a strong analytical mindset, a proactive approach to problem-solving, and the ability to thrive in a dynamic and fast-paced environment.
Key Responsibilities:
- Analyze trading, technology, and operational processes to identify potential risks and vulnerabilities. Conduct risk assessments and gap analyses to evaluate existing controls.
- Develop and maintain dashboards and reporting tools to monitor key risk metrics. Provide regular updates to senior management on risk exposure, control effectiveness, and emerging threats.
- Investigate and analyze operational incidents, working with relevant teams to identify root causes and develop recommendations to prevent recurrence.
- Work with stakeholders to design, implement, and enhance risk controls and policies, ensuring alignment with regulatory requirements and industry best practices.
- Collaborate with trading, technology, and operations teams to streamline workflows, reduce operational inefficiencies, and improve overall risk management processes.
- Stay up-to-date with relevant industry regulations and help ensure that our client remains compliant with operational risk management standards. Support internal and external audits as needed.
- Partner with other risk teams, technology, and trading to share insights and develop a cohesive approach to managing operational risk within the organization.
Qualifications:
- Bachelor’s degree in Finance, Economics, Risk Management, or a related field. Advanced degrees or certifications (e.g., CFA, FRM) are a plus.
- 2-4 years of experience in operational risk management within the banking, trading, or IT industries.
- Strong analytical and problem-solving skills with the ability to work with large data sets and develop actionable insights.
- Proficiency in data analysis tools (e.g., Excel, Python, SQL) and experience with risk management software.
- Excellent communication and interpersonal skills, with the ability to present complex information to senior leadership.
- A proactive and detail-oriented mindset, with the ability to work independently and prioritize tasks in a fast-paced environment.
- Knowledge of trading processes, financial instruments, and market operations is preferred.
The Equus Group is an Equal Opportunity Employer and takes pride in maintaining a diverse environment. We do not discriminate in recruitment, hiring, training, promotion or any other employment practices for reasons of race, color, religion, gender, national origin, age, sexual orientation, marital or veteran status, disability, or any other legally protected status.