Risk Manager

Mako ,
London, Greater London
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Overview

Job Description

About Mako Mako is a leading options market making and sales advisory firm with a global trading footprint. We have been at the evolutionary forefront of options market making for 20 years, from the open outcry of traditional trading pits to the screen trading and automated algorithmic execution strategies that form the future of the industry. From offices in London, Amsterdam, Singapore, Sydney, Hong Kong and Chicago Mako offers best in class liquidity solutions across Equities, Fixed Income, Commodities and FX derivatives markets and pride ourselves on our entrepreneurial, collaborative and philanthropic culture. About the Role The Risk Analyst will be responsible for real-time risk measurement and analysis of trader positions as well as daily reporting and limit monitoring. The process is based on various risk methodologies and metrics including Interest Rate Risk, Basis Risk, FX Risk, Economic Capital, Enterprise Stress Testing and Value at Risk. The role is multi-faceted and will involve frequent interdepartmental cooperation in addition to ensuring Mako has the right balance between risk and reward given the environment. The role includes, but is not limited to: * Proactively monitoring and analysing risk across the firm * Working closely with traders and operational staff across the company * Developing tools to improve the current processes * Identification and tracking of key risks, escalating potential risk issues to senior management on a timely basis * Understanding and analysing the key market drivers and how they affect the firm's positions * Developing risk frameworks for new traders and desk and monitoring limits across multiple trading books. Requirements The trading environment changes rapidly and the successful candidate will need to be driven, flexible, energetic and fast-thinking to follow market moves and to have a positive impact within the Risk department. The following skills are highly advantageous in the role: * Understanding of options Greek theory and trading strategies employed by market making and proprietary trading firms. * Understanding of option portfolio management and corresponding risks. * Understanding of VaR and other risk measurement frameworks * High proficiency in Excel and experience in VBA / Python programming * Strong work ethic and the ability to multi-task across both team oriented and individual projects * Confident problem solver with proven analytical ability who is comfortable analysing large data sets * Excellent communication skills with a strong attention to detail with an ability to influence without authority Qualifications * University / college educated with minimum of a 2.1 Bachelor's degree, or equivalent, is preferred. * FRM / PRM / CFA qualifications desirable * Studies to have focussed on numerical subjects, (e.g. Engineering, Sciences, Maths) For further information on the Mako Group please refer to our website. www.mako.com

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