Senior Futures Risk Analyst

We are seeking an experienced Senior Futures Risk Analyst to join our Futures Commission Merchant (“FCM”) risk management team in Jersey City/Dallas. This individual-contributor role is responsible for monitoring client and proprietary risk exposures, administering trading and credit controls, evaluating margin and collateral adequacy, and escalating emerging market- and credit-risk issues in a timely manner.

What You Will Do

Monitor real-time and end-of-day market, credit, margin, and liquidity exposures across client accounts and proprietary positions. Execute established risk-monitoring procedures; identify, investigate, document, and escalate risk-limit breaches and unusual account activity promptly.

Why It Might Be a Fit

The ideal candidate brings hands-on experience in futures clearing or FCM risk operations, including intraday margin monitoring, position-limit oversight, credit controls, and risk escalation procedures. This role will work closely with Clearing Operations, Compliance, Finance, Technology, and business stakeholders to support a disciplined and scalable futures risk-control environment.

Requirements

• Bachelor’s degree in Finance, Economics, Mathematics, Risk Management, or a related discipline.
• 3–7 years of relevant experience in futures risk management, clearing operations, margin operations, or credit risk at an FCM, clearing firm, futures broker, or exchange.
• Strong understanding of futures contract specifications, settlement and delivery mechanics, and product-specific risk characteristics across equity index, fixed-income, commodity, FX, and options-on-futures products.
• Practical knowledge of initial margin, maintenance margin, variation margin, intraday margin calls, and end-of-day margin processes.
• Experience monitoring client portfolios for market, credit, margin, concentration, and liquidity risk.
• Familiarity with futures margin methodologies, including SPAN, CME CORE, or comparable risk-based margin frameworks.
• Working knowledge of exchange and firm position limits, accountability levels, reportable-position requirements, and account aggregation concepts.
• Experience interpreting stress-testing and VaR results and translating them into appropriate risk decisions or escalations.
• Familiarity with CME Globex Credit Controls (“GC2”) or comparable pre-trade credit-control and order-risk-control tools.
• Ability to investigate market-data and position-data anomalies, including stale prices, erroneous trades or ticks, and data-feed disruptions.
• Knowledge of escalation procedures for margin deficiencies, risk-limit breaches, trading restrictions, and forced liquidation.
• Familiarity with CFTC, NFA, and CME Group rules applicable to FCM risk operations.
• Strong analytical judgment, attention to detail, and ability to make sound time-sensitive decisions.
• Strong written and verbal communication skills.

Benefits

• Competitive salary and performance-based bonuses.
• Comprehensive benefits package, including health, dental, and retirement plans.
• Opportunities for professional growth and development.
• A dynamic and collaborative work environment.