USARisk
4 дн. назад
USAOnsite
stress testingmargin methodologyrisk management
Responsible for strengthening and building out the risk function including margin methodology, stress tests, and compliance with CFTC requirements.
Обязанности
- Margin & Exposure Management
- Own and continuously refine Prime's margin methodology so required margin reflects actual position risk
- Monitor customer positions and concentration in real time, setting house margin above exchange minimums where risk calls for it
- Stress Testing & Scenario Analysis
- Build and run stress tests modeling how customer portfolios hold up under extreme market moves, sizing potential shortfalls against margin on file
- Backtest models against historical price action and maintain a live set of tail-risk scenarios as market conditions shift
- Regulatory Capital & Residual Interest
- Own the residual interest calculation and process, ensuring the firm's capital contribution to segregated customer funds meets CFTC requirements
- Monitor net capital and segregated funds compliance, partnering with compliance and finance on regulatory risk reporting
- Default Management & Governance
- Maintain the playbook for an actual customer default, improving auto-liquidation logic and thresholds for manual intervention
- Prepare risk materials for the Risk Management Committee and assess new products and markets for margin parameters before launch
Требования
- Direct experience managing a risk function at an FCM; absent that, CFTC Swap Dealer risk experience is the next closest fit
- 4-7 years of experience minimum with a track record as a decision-maker and approver in a risk function
- Deep fluency in risk and margin models, with the ability to build them yourself
- Strong grounding in derivatives and financial markets, comfortable working with concepts like VaR
- Ability to independently build risk scenarios and forecasts, like modeling residual interest
- Working knowledge of the relevant regulatory landscape, or the ability to get up to speed on it fast
- Technically savvy and self-sufficient, comfortable building your own tools rather than waiting on others
- Strong multitasking ability across risk, financial markets, and operational demands
Другое
- has defined a new category: prediction markets. allows people to trade on the outcome of any events and turn any question about the future into a financial asset. fought for years and legalized prediction markets in the US for the first time in history, is currently the fastest growing financial market in America, and has thousands of markets across politics, economics, financials, weather, tech, AI, culture and more.
- We believe prediction markets have the potential to be the largest financial market because they turn anything into a financial position.
- Our vision: well… build the largest financial market on the planet.
- Our mission: bring more truth to the world through the power of markets.
- Our culture is simple: we hire really talented people, work really hard, and enjoy the climb. We are looking for ambitious and exceptional people to join our (relatively small) team to help us build the next generation of financial markets.
- As Prime scales, our Risk role will strengthen and build out the risk function to match that growth.
- This role is about staying ahead of customer exposure: refining margin methodology so it keeps pace with position risk, building out stress tests that size potential shortfalls before they happen, and strengthening the residual interest calculation and process to hold up under CFTC scrutiny. In the first six months, you'll build out advanced stress testing tools, deepen the margin models, and sharpen forecasting for the firm's residual interest contribution. From there, the role expands into collateral and credit risk management.
- Salary Range: $200,000 to $250,000 annually plus equity and benefits. This range reflects current market data for this role. has minimal hierarchy and broad variance in experience levels within each title; if your compensation expectations exceed this range, we encourage you to reach out - we’re always happy to discuss.
- Meritocracy is at our core, and we value people who take ownership and figure (usually hard) things out. We dream big. We love our craft deeply and are proud of what we put out in the world. We are committed to our vision of building something big… but also useful: a product that brings more truth through the power of markets.
- Kalshians are ’s most important asset: we pick Kalshians carefully, so we trust them fully on day 1.
- is committed to creating a culture of inclusion and belonging, and we are proud to be an equal opportunity employer. We believe it is our collective responsibility to uphold these values and encourage candidates from all backgrounds to join us in our mission. All qualified applicants will be treated with respect and receive equal consideration for employment without regard to race, color, creed, religion, sex, gender identity, sexual orientation, national origin, disability, uniform service, veteran status, age, or any other protected characteristic per federal, state, or local law. If you are passionate about what you do and want to use your talents to support our mission and values, we’d love to hear from you.