Risk Analyst Dallas, TX/en-US/careers/job/Dallas-TX/Risk-Analyst_REQ-1718/apply Summary
Risk Analysts are responsible for identifying, monitoring, and reporting the financial risks and exposures introduced to OCC by clearing members and banks. From a market perspective this includes, but is not limited to, intraday price risk, market surveillance and position/collateral risk. In addition, Risk Analysts conduct various analyses at the request of management, assist in regulatory reporting, participate in default management activities, and support system development.
Primary Duties and Responsibilities:
To perform this job successfully, an individual must be able to perform each primary duty satisfactorily.
- Analyze market risk for all products and accounts cleared by OCC, or part of an OCC supported process (i.e. cross-margin). Analysis is performed using proprietary OCC tools/applications. Products include equities, options, futures and government securities
- Monitor and report on positions, price risk, market news and events.
- Prepare daily, weekly and monthly reports regarding position and financial exposures.
- Support clearing member inquiries regarding OCC risk policies and procedures.
- Review and report on risks posed by various collateral types and positions.
- Conduct ad-hoc studies and analysis for senior management with other duties as assigned.
- Support system and process development from a business user perspective.
- Develop and maintain written internal procedures.
- Support regulatory reporting obligations.
The requirements listed are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the primary functions.
- Expert Excel skills, preferably with some coding knowledge.
- Strong verbal and written communication skills. Comfortable working in a customer service-oriented environment and addressing questions from both OCC colleagues and the general public.
- Experience with SQL or other database query languages.
- Strong understanding of securities markets, derivatives and option trading strategies. Previous Series 7 or equivalent education preferred. Basic understanding of option pricing theory.
- Ability to read and understand financial statements; brokerage and/or bank accounting knowledge a plus.
- Excellent organization skills; must be detail oriented.
- Comfortable performing data validation and reconciliation.
- Ability to work well under pressure with multiple priorities and time-sensitive deadlines.
- Strong understanding of statistical concepts.
- Strong PC skills; comfortable with Windows environment.
- Highly proficient in Microsoft Excel, including experience using lookups and pivot tables. Comfortable performing data analysis and manipulation on large, complex sets of information with little oversight.
- Proficient in Microsoft Word and PowerPoint.
- Experience with Tableau a plus.
- Experience with programming a plus
Education and/or Experience:
- Experience using Bloomberg and ability to connect this tool to excel is a plus.
- Bachelors degree in Finance, Economics or related field; MBA or demonstrable progress towards MBA a plus
Certificates or Licenses:
- Previous experience in back office operations, risk management, in a financial institution or insurance unit, 2 years preferred.
- Previous Series 7 or equivalent education preferred.
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OCC is an Equal Opportunity Employer
Posted TodayFull timeREQ-1718
OCC is the world's largest equity derivatives clearing organization and the foundation for secure markets. Founded in 1973, OCC operates under the jurisdiction of both the U.S. Securities and Exchange Commission (SEC) and the U.S. Commodity Futures Trading Commission (CFTC) as a Derivatives Clearing Organization. Named 2016 Clearinghouse of the Year - The Americas by FOW Magazine and 2016 Clearinghouse of the Year by Global Investor/ISF Magazine, OCC now provides central counterparty (CCP) clearing and settlement services to 20 exchanges and trading platforms for options, financial futures, security futures, and securities lending transactions. More information about OCC is available at www.theocc.com.