Market Risk Manager (Switzerland)
Who we are
Optiver is an international and innovative proprietary trading firm. We deal with highly-automated electronic market making activities. With offices in Amsterdam, Chicago, Sydney and Shanghai, we are currently in the process of finalising the setup of our new office in Switzerland. Employing around 600 talented individuals from over 30 nationalities, we trade in more than 20 countries, across 5 continents, 24 hours a day.
Office Switzerland
Optiver plans to expand its activities to a new office in Switzerland in 2013. To support the activities in our new office, we are looking for experts in IT, Compliance, Risk, Finance, Mid Office and HR who can make a real impact to help Optiver grow further.
You’ll be working within a startup environment, while being part of a professional international trading company with around 27 years of knowledge and expertise. Together with a small team, you’ll get the chance to make our new office a success.
What you’ll do
As a Market Risk Manager you will play a key role in identifying, measuring and monitoring market risks for our trading activities. You’ll have daily contact with the traders to understand risk inherent to different trading strategies and products, and develop risk tools and metrics to quantify these risks.
Tasks:
As our new Market Risk Manager you will:
- Be responsible for the active management of intraday and overnight risks for assigned trading desks;
- Work in close cooperation with the CEO, CFO and Trading to make a complete assessment of all market risks;
- Define risk metrics, limits and procedures for a variety of trading strategies;
- Identify and analyse trends within markets and develop processes and methods to assess, simulate and model their impact on current strategies;
- Develop new tools to enhance current risk management processes and reporting tools;
- Research risk related issues and provide recommendations to management;
- Take care of Credit and Operational risk issues when necessary;
- Work together with your colleagues locally and globally.
What you’ll need
We are looking for people with an entrepreneurial and hands-on attitude that can take ownership and excel in a startup environment were a high level of self-responsibility is needed.
In addition, you can recognise yourself in the following profile:
- Academic Degree in Econometrics, Finance or Mathematics;
- At least 2 years of experience as a Risk Manager within a financial firm;
- Excellent quantitative skills;
- Strong MS Excel/VBA and SQL skills;
- Good understanding and knowledge of options theories;
- Knowledge of risk concepts like Value at Risk, Monte Carlo simulation, Stress testing, Sensitivity analysis, etc;
- Knowledge of local regulatory rules and regulations;
- Excellent communicative and written skills in English and German;
- CFA, FRM is a plus.
Our Culture
No suits, no ties and no red tape. Our culture is one of our most valuable assets; result-driven, open and informal, team-based, ambitious and exceedingly flexible, whilst striving for professionalism within all our departments.
We give our employees the flexibility to be innovative, research their ideas and act upon them. Our working environment is ideal for ambitious and talented people who enjoy a challenge. Despite the independent nature of our profession, we are a very team-oriented company.
What you’ll get
A short overview of our benefits: performance-linked remuneration, commuting expenses paid, a pension scheme, great responsibility, training opportunities and relocation packages. In addition, we can offer you the possibility to work in Amsterdam, the USA or Australia.
Interested?
Apply directly via the button below for the Market Risk Manager position. Please provide us with a CV and letter of motivation in English. For more information contact Kim Ruijer (Recruiter) on +31 (0)20 708 7000.
An assessment is part of the application procedure.
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