Quantitative Risk Analyst

About Us:

Founded more than 15 years ago and headquartered in Chicago, the DV Group of financial services firms has grown to more than 450 people operating throughout North America and in Europe. Since spinning out of a large brokerage firm in 2016, DV Trading has rapidly scaled as an independent proprietary trading firm utilizing its own capital, trading strategies, and risk management methodologies to provide liquidity to worldwide financial markets and hedging opportunities to commodity producers and users. Now, DV group affiliates include two broker dealers, a cryptocurrency market making firm, and a bourgeoning investment adviser.

Overview:
We are seeking an experienced Quantitative Analyst to play a critical role in designing and managing calculations and metrics essential to the firm’s risk management framework. This is a high-impact role as you collaborate with our risk analysts, traders, and senior leadership to ensure robust risk oversight and contribute to the development of performance and exposure analytics.

Responsibilities:

• Design, implement, and manage theoretical end-of-day and real-time P&L calculations across multiple asset classes, financial instruments, and trading strategies across the firm.
• Implement and maintain pricing methodologies to obtain theoretical values for illiquid products.
• Develop and document processes for handling regional market closures, holidays, and other disruptions affecting P&L calculations.
• Design and manage internal controls around automated P&L generation, ensuring compliance with firm-wide risk management and reporting standards.
• Work closely with the quant risk team to leverage P&L data for developing single trader and portfolio-level analytics, market exposure analysis, and risk and performance metrics.
• Participate in and contribute to the firm’s Performance Reporting and Risk Committees.
• Perform validation of daily P&L data before final distribution to traders, risk management, and senior leadership.

Requirements:

• Bachelor's degree required, preferably in Finance, Economics, Accounting, or STEM fields.
• A master’s degree in a data-intensive field (e.g., Data Science, Quantitative Finance, Mathematics, or Engineering) is preferred.
• 5 years of relevant experience in a hedge fund, proprietary trading firm, or bank's trading desk, with a focus on P&L, performance data, and quant analytics.
• Specialized experience in one or more asset classes—fixed income, commodities, crypto, equities, or currencies—is preferred.
• Experience with derivatives pricing (forwards, futures, options, swaps, exotics).
• Strong understanding of financial instruments, pricing methodologies, risk metrics, and market conventions across regions.
• Proficiency in Python for data analysis and automation.
• Proficiency in SQL for database management and data querying.
• Strong quantitative skills and experience working with risk teams to develop analytics and performance metrics at both trader and portfolio levels.
• Familiarity with Bloomberg, Reuters, or other real-time market data systems. Experience with risk and P&L systems, especially across multi-region time zones, is a plus.
• Excellent analytical and problem-solving skills with a strong attention to detail.

Benefits:

• Discretionary bonus eligibility
• Medical, dental, and vision insurance
• HSA, FSA, and Dependent Care options
• Employer Paid Group Term Life and AD&D Insurance
• Voluntary LTD, Life & AD&D insurance
• Flexible vacation policy
• Retirement plan with employer match
• Paid parental leave
• Wellness Programs

Annual compensation range $175,000 - $225,000 base discretionary bonus eligibility

DV is not accepting unsolicited resumes from search firms. Only search firms with valid, written agreements with DV should submit resumes in response to DV’s posted positions. All resumes submitted by search firms to DV via e-mail, the Internet, personal delivery, facsimile, or any other method without a valid written agreement shall be deemed the sole property of DV, and no fee will be paid in the event the candidate is hired by DV. DV is proud to be an equal opportunity employer and committed to creating an inclusive environment for all employees.