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Operational Risk Manager

Chicago$175k – $225k/yrPosted 22 days ago

:

  • Manage market access and pre-trade risk controls
  • Perform trading limit review and control testing
  • Manage operational/trading incidents, including independently investigating issues and driving work across multiple teams to completion
  • Work directly with traders and Technology teams
  • Prepare risk-related documentation and respond to information requests, reviews, and counterparty risk questionnaires
  • Work effectively with Trading, Technology, Risk, and Compliance
  • Support new trading businesses, products, systems, and regulatory initiatives
  • Improve and automate risk processes
  • Develop policies and procedures
  • Approximately 5-10 years of relevant experience in operational risk, trading risk, electronic trading controls, or a related financial markets role
  • Strong preference for experience at a proprietary trading firm, market maker, broker-dealer, or other fast-paced trading environment; candidates from larger financial institutions can be a fit if they have relevant experience supporting an electronic execution or algorithmic trading business
  • Strong understanding of market access/pre-trade risk controls, trading limits, control testing, and incident management
  • Experience working directly with traders and Technology teams
  • Experience preparing risk-related documentation and responding to information requests, reviews, or counterparty risk questionnaires is preferred
  • Strong written and verbal communication skills
  • Bachelor's degree

Skills

  • Market access and pre-trade risk controls
  • Trading limit review and control testing
  • Operational/trading incident management
  • Strong analytical and problem-solving skills
  • Strong verbal and written communication
  • Ability to work effectively with Trading, Technology, Risk, and Compliance
  • Ability to independently own and drive work to completion
  • Proactive and takes initiative
  • Independent and comfortable learning unfamiliar subject matter
  • Strong follow-through and accountability
  • Collaborative and responsive
  • Builds strong working relationships across different teams, personalities, and seniority levels
  • Diplomatic but willing to challenge when appropriate
  • Comfortable operating in a fast-moving environment with competing priorities

Preferred / Nice-to-Have Qualifications

  • Experience with clearing and executing broker risk questionnaires
  • Policy and procedure development
  • Experience supporting new trading businesses, products, systems, or regulatory initiatives
  • Experience improving or automating risk processes
  • Discretionary bonus eligibility
  • Medical, dental, and vision insurance
  • HSA, FSA, and Dependent Care Options
  • Employer Paid Group Term Life and AD&D insurance
  • Voluntary LTD, Life & AD&D insurance
  • Flexible Vacation policy
  • Retirement plan with employer match The range below reflects the expected base salary for this position. It represents a good-faith estimate of the base pay we anticipate offering, with actual compensation determined by your experience, education, skills, and performance throughout the interview process. This role is also eligible for a discretionary bonus (at DV Trading's discretion) and DV Trading's benefits package, including the benefits listed above.

Base Salary Range $175,000 - $225,000 USD

About DV Trading

DV Trading, founded in 2006 in Chicago as DV Group, is a proprietary trading firm active in commodities, equities and crypto via DV Chain, its institutional crypto desk providing liquidity and OTC services. With 400+ employees across Chicago, New York and London, DV combines market making, systematic strategies and venture via DV Crypto. Candidates need strong quantitative reasoning, risk discipline and interest in 24/7 crypto markets. DV Chain and DV Trading deploy proprietary quantitative algorithms and automated market making infrastructure to supply 24/7 liquidity across digital asset markets. DV Trading brings quantitative risk management and deep liquidity provisioning across spot markets, futures exchanges, and decentralized finance protocols.