Managing Director, Market Risk Quant Analytics

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fiser groupChicago (IL)

Financial Risk Specialists Investment Banking and Securities Intermediation

SENIORITY

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About the role

Leading global financial institution expanding its Market Risk Quantitative Analytics leadership team in Chicago, seeking a Managing Director to lead the local Market Risk Quant function and play a key role in the firm’s global risk strategy. This is a high-impact opportunity spanning FRTB, VaR, stress testing, regulatory capital and next-generation risk technology.

Location: Chicago (3/4 days per week). Relocation package available

Key responsibilities: Lead the Chicago Market Risk Quantitative Analytics function, providing technical direction, mentorship and local leadership. Drive strategic market-risk initiatives across FRTB, VaR, stress testing, regulatory capital and model development. Lead the development, enhancement and performance monitoring of complex market-risk models and analytics. Shape quantitative priorities and challenge model development, validation and implementation approaches. Partner closely with Front Office, Global Markets Risk, Technology, Model Risk and senior management. Lead regulatory engagement and support major model submissions, examinations and remediation initiatives. Drive innovation, automation and the implementation of next-generation risk analytics and technology. Build strong relationships across the global analytics organisation and provide senior-level leadership in Chicago.

Skills & experience: 10+ years’ experience in market risk, quantitative risk modelling or a closely related discipline. Proven leadership/management experience, ideally at Director/MD level. Strong expertise in VaR, statistical modelling, stress testing and market-risk capital. Strong FRTB experience, particularly IMA and/or SA.Deep derivatives knowledge; commodities experience highly desirable. Strong quantitative programming/Python experience and a track record of translating models into production technology. Experience leading major strategic or regulatory initiatives and working with senior stakeholders and regulators. Exceptional communication, influencing and problem-solving skills, with the ability to provide technical leadership across a complex organisation.

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