Principal, Financial Risk and Audit
Salary: Open + Bonus
Location: Chicago, IL or Coppell, TX
Hybrid: 3 days onsite, 2 days remote
Minimum Qualifications
Bachelor's degree 8+ years of related experience Strong proficiency using Archer or other audit or Governance Risk and Compliance (GRC) software. Experience in financial risk model analysis or assessments and stress testing methodology. Experience with assessments and audits of Financial Risk Management or Models. Industry experience in capital markets, banking, or financial services Proven track record of implementing and overseeing operational processes and procedures. Knowledge and understanding related to financial derivatives and options on equities Familiarity with model risk management practices including validation, backtesting, and performance monitoring.
Highly Preferred
Master's degree in finance, economics or a quantitative field possessing strong quantitative, analytical, and problem-solving skills. Expertise on understanding and managing financial risks related to financial derivatives portfolios, particularly options on equities. Experience in evaluating the pricing of complex derivatives and performing advanced statistical analysis on underlying risk factors. Experience with reviewing and auditing risk management models for derivatives using methodologies such as Historical VaR, Monte Carlo simulation, TIMS and SPAN. Proficiency in quantitative or statistical tools (eg, Python, R, MATLAB, SAS) to support model audit and testing procedures.
