What are the responsibilities and job description for the Associate, Electronic Trading Risk position at Madison-Davis, LLC?
Title: Associate, Electronic Trading Risk
Office Status: Hybrid – New York, NY
Base Salary: $90,000 – $125,000 Bonus
Overview:
Our client, a globally recognized investment bank with a strong markets franchise, is seeking a Risk Analyst/Associate to support oversight of electronic and algorithmic trading activity. This role sits within Market Risk and focuses on governance, controls, and regulatory alignment tied to automated trading environments. It’s a strong entry point into a highly specialized risk function with broad exposure to trading, technology, and compliance stakeholders.
Key Responsibilities:
- Oversee risk associated with electronic and algorithmic trading activity across regional markets
- Review and assess new trading systems and material enhancements to existing platforms from a risk and controls perspective
- Support the execution of control frameworks, including automated control approvals and limit monitoring
- Participate in incident reviews, coordinating cross-functional analysis and remediation efforts
- Assist in maintaining and enhancing risk policies, procedures, and governance frameworks related to electronic trading
- Support risk committees through preparation of materials, reporting, and management information
- Conduct regulatory analysis on new and evolving electronic trading rules, identifying gaps and supporting remediation efforts
- Partner with stakeholders across trading, technology, compliance, and risk to strengthen control environments
- Contribute to the ongoing development and refinement of algorithmic trading control frameworks
- Assist in annual control attestation processes and broader risk governance initiatives
Salary : $90,000 - $125,000