Risk Manager
Jump Crypto
Jump Trading Group is committed to world class research. We empower exceptional talents in Mathematics, Physics, and Computer Science to seek scientific boundaries, push through them, and apply cutting edge research to global financial markets. Our culture is unique. Constant innovation requires fearlessness, creativity, intellectual honesty, and a relentless competitive streak. We believe in winning together and unlocking unique individual talent by incenting collaboration and mutual respect. At Jump, research outcomes drive more than superior risk adjusted returns. We design, develop, and deploy technologies that change our world, fund start-ups across industries, and partner with leading global research organizations and universities to solve problems.
As a Risk Manager, you will be part of Jump Trading's Global Risk Management team. The department manages moment-to-moment risk for all trading teams and is responsible for evaluating new trading strategies, markets, and products. Furthermore, the risk team is responsible for working with Core Development and Technology teams to advance the firm's internal risk layer, metrics, and reporting. This position is ideal for candidates with strong risk management expertise, technical skills, and proven experience operating at a high bar within high-pressure environments.
What You’ll Do:
- Serve as an onsite go-to operational risk partner: set and monitor exposure limits and guardrails with front office and Global Risk; operate existing controls and alerting; investigate, escalate, and document exceptions.
- Monitor cross-asset exposures and key risk dynamics using firm-provided tools; collaborate with Market Risk and front office to review scenario/stress outputs, align on assumptions, and communicate practical implications.
- Perform daily and intraday risk monitoring to identify and escalate material exposures, concentrations, anomalies, and control exceptions across regions.
- Liaise with internal teams and external brokers, clearing firms, and exchanges on margin/financing, market access controls, and operational topics.
- Triage trade-lifecycle issues (trade capture, allocations, reconciliations, market data, connectivity) with Trading, Operations, Technology, Treasury, and Compliance; support post-trade workflow improvements.
- Use Python, SQL, and Excel to query firm datasets and automate light reporting where helpful; keep documentation current.
- Coordinate risk initiatives across regions and support follow-the-sun handoffs.
- Other duties as needed to ensure smooth operations.
Skills You’ll Need:
- At least 4 years in a risk or trading role at a proprietary trading firm, multi-strategy hedge fund, asset manager, or investment bank.
- Hands-on experience in at least one major liquid asset class (e.g., Equities, Futures, FX, Rates, or Options) with a strong desire to expand cross-asset coverage.
- Bachelor’s degree with a strong academic record; CFA/FRM or similar credentials are a plus.
- Operational risk fluency across the trade lifecycle, market access controls, exchange connectivity; familiarity with prime brokerage/clearing and margin/financing is helpful.
- Comfortable consuming outputs from risk models and measures (e.g., VaR, beta, factor exposures, stress scenarios) to interpret and communicate risk; not a model builder.
- Technical skills: Python, SQL, and advanced Excel for querying, validation, ad hoc analysis, and light automation; Bloomberg or similar tools are a plus.
- Communication and composure: crisp, credible at the desk, effective with traders and technologists, and calm under pressure.
- Onsite presence in Chicago or New York with flexibility for occasional off-hours support; comfortable with competing priorities and frequent context-switching.
- Reliable and predictable availability.
Benefits
- Discretionary bonus eligibility- Medical, dental, and vision insurance
- HSA, FSA, and Dependent Care options
- Employer Paid Group Term Life and AD&D Insurance
- Voluntary Life & AD&D insurance
- Paid vacation plus paid holidays
- Retirement plan with employer match
- Paid parental leave
- Wellness Programs