Quantitative Risk Analyst — Derivatives & Clearing
Full-time
Polymarket
About Polymarket
Polymarket is the world's largest prediction market platform. We enable individuals to express views on real-world events by trading on outcomes across politics, economics, sports, culture, and current affairs. Built as a peer-to-peer marketplace with no centralized "house," Polymarket aggregates diverse opinions into transparent, market-based probabilities that reflect collective expectations about the future.
We're growing fast — both in terms of volume ($21B traded in 2025) and adoption as an alternative news source. Our ambition is to become a ubiquitous beacon of truth in global media and we need your help adding fuel to the fire.
About the Role
Polymarket is hiring a Quantitative Risk Analyst to design and implement enterprise-scale risk models at the heart of our clearing operation. You'll own models for market risk, volatility and correlation of derivatives, stress testing, and automated liquidation — the systems that keep the platform solvent and users protected in fast-moving markets.
This is a hands-on role: you'll be building models in production code, not just specifying them. We expect you to work fluently with AI tools for development and research — and to be the skeptic in the room, pressure-testing AI-generated models and code against well-established risk frameworks before anything ships.
What You'll Do
- Design, implement, and maintain enterprise-scale risk models covering market risk, margin, and counterparty exposure for a clearing organization
- Build volatility and correlation models for derivatives, including calibration, backtesting, and ongoing model validation
- Develop and run stress-testing frameworks: historical scenarios, hypothetical shocks, and reverse stress tests
- Design and tune auto-liquidation logic — trigger thresholds, liquidation waterfalls, and safeguards against cascading liquidations
- Use AI tools extensively to accelerate model development, coding, and research — and rigorously validate AI outputs against established risk models before deployment
- Monitor model performance in production, investigate breaks, and iterate quickly
- Partner with engineering, trading, and product teams to embed risk controls into platform architecture
- Document model assumptions, limitations, and validation results to an audit-ready standard
What We're Looking For
- 5–7 years of quantitative risk experience at a clearinghouse, exchange, prime broker, trading firm, or similar
- Proven expertise designing and implementing risk models at enterprise scale — production systems, not just research prototypes
- Deep experience modeling volatility, correlation, option skews, and option pricing at scale for trad-fi derivatives, perpetuals, and fully collateralized event contracts
- Hands-on experience with market risk modeling, stress testing, and auto-liquidation mechanics in a clearing context
- Strong fluency with AI-assisted development and coding, paired with the judgment to pressure-test AI outputs against well-established risk models and catch what looks plausible but is wrong
- Expert-level Python (NumPy, pandas, SciPy; solid software engineering practices)
- Advanced degree in a quantitative field (math, statistics, physics, financial engineering, CS) or equivalent experience
- Strong mathematical foundation in stochastic calculus and linear algebra
- (Plus) C# and/or C++ for performance-critical or production systems
- (Plus) Familiarity with crypto market structure, perpetuals, or prediction markets
- (Plus) Experience with CCP risk frameworks (CPMI-IOSCO PFMI, default management, margin methodology)
- (Plus) Experience building real-time risk systems
Benefits
- Competitive salary & equity
- Unlimited PTO
- Full Health, Vision, & Dental coverage
- 401k match
- Hardware setup: new MacBook Pro, big display, & accessories
Vacancy posted 27 days ago
Similar jobs that could be interesting for youBased on the Quantitative Risk Analyst — Derivatives & Clearing in New York, NY vacancy
$210k - $240k
...About the RolePolymarket is hiring a Quantitative Risk Analyst to design and implement enterprise-scale risk models at the heart of our clearing operation. You'll own models for market... ...risk, volatility and correlation of derivatives, stress testing, and automated...Suggested$140k - $185k
...Opportunity: AVP Quantitative Risk Analyst Salary Range: $140,000 to $185,000 Job Posting End Date: October 2, 2026 We’ve Got You... ...private fixed income asset classes, public and private equity, derivatives and alternatives is preferred. Life insurance actuarial...SuggestedWork experience placementWork from homeFlexible hoursAflac, Incorporated
New York, NY2 days ago- Societe Generale seeks a Junior Quantitative Analyst to collaborate with FIC and EQD quants in the AMER region. This role builds long-term... ...within the team and involves working with senior quants on derivatives pricing, margin models, and model monitoring. You will support...Suggested
- SMBC Capital Markets, Inc. in New York City seeks an Analyst to join the Trading Risk & Control group on the derivatives trading floor. You will work across swaps, options, FX and credit products in multiple currencies, gaining exposure to the end-to-end trading process...SuggestedWork at office
$150k - $300k
...Prime Services Futures and Clearing Risk team assess, monitor and manage... ...and policy Supervise desk analysts and associates and help... ...and Qualifications Strong quantitative and analytical skills required... ...preferred. Listed derivatives knowledge required. Experience...SuggestedFull timeTemporary workPart timeWork at officeNight shift- SMBC Group in New York City seeks an Analyst for the Trading Risk & Control group to begin a career on the derivatives trading floor, covering products across currencies and learning all aspects of rate derivatives. The role involves daily market parameter input, valuation...Work at office
- ...Search in New York, NY is seeking a Market Risk/Trade Assistant to join the Trading Risk... ...Markets, supporting an interest rate derivatives trading floor. This hands-on role offers... ...collaboration with traders, quants, and financial analysts across major currencies and products,...
- Citi is seeking a Senior Analyst for FX Derivatives & Risk Production Support in Pune. The role focuses on technical and business support for Citi applications, ensuring stability and efficiency in production environments. The candidate will handle start-of-day checks,...
- ...Members of the Prime Services Clearing Risk team assess, monitor and... ...and policy Supervise desk analysts and associates and help with... ...across the firm Strong quantitative and analytical skills. A degree... ...is preferred Listed derivatives knowledge required. Experience...Work at officeNight shift
$200k - $300k
...research outcomes drive more than superior risk adjusted returns. We design, develop,... ...comprised of a dynamic group of traders, quantitative researchers, and engineers who work... ...patterns and predict market signals in global derivatives space. Jump's quantitative researchers...- Working in a hybrid environment, the full-time Quantitative Risk Analyst will manage client data workflows, maintain Python-based automations, and build customized analytical outputs to enhance the use of Corpay's Treasury Management System tools for global corporates....Full timeWork experience placement
- Senior Quantitative Analyst, Front Office Market Risk - VP Location: New York, New York, United States Job Type: Hybrid Posted: Jul. 24, 2026 Discover your... ...agentic workflows, and responsible AI evaluation practices. Clear, smooth, and precise written and verbal communication...Work at officeRemote work
$126.82k - $149.2k
...candidate will leverage advanced quantitative methods, strong programming skills, and deep derivatives expertise to develop, enhance,... ...with trading desks, risk management, technology partners... ...regulatory examinations.Prepare clear and comprehensive technical documentation...Full timeLocal area3 days per week- ...seeking an experienced software engineer to build and maintain the Derived Data platform. You will work with market data to generate bars,... .... The role emphasizes scalable systems, streaming data, and clear documentation, with opportunities to expand technical breadth and...
$200k - $250k
...research outcomes drive more than superior risk adjusted returns. We design, develop, and... ...a full 360-degree view of Jump. The Derived Data team, part of the Vendor Data Group,... ...Document technical solutions and calculations clearly, translating complex methodology for less...Work at office$106.6k - $130.1k
...environment. IMPACT YOU'LL MAKE As a Quantitative Financial Analyst, you'll bring quantitative... ...income, interest rate risk, financial modeling, and... ...fixed income valuation, derivatives, duration, convexity, and risk... ...quantitative findings into clear insights for diverse...InternshipRemote workBoeing Employees Credit Union
New York, NY1 day ago$87.6k - $118.5k
...Job Purpose ICE Clear Europe’s Clearing Risk Department ("CRD") is looking for a front office risk analyst. The successful candidate will assist the senior risk managers in... ...advantage. Strong knowledge in financial derivatives products in multiple asset classes preferred...Full timeIce Services
New York, NY5 days ago$125k - $200k
...the center of that effort. The Senior Risk Analyst will help to shape the risk management... ...to defined risk processes and maintain clear ownership of risk decisions across the... ...trading, covering equities and/or equity derivatives. Trading compliance and risk management...Polymarket
New York, NY4 days ago$75k - $95k
...cornerstone of Morgan Stanley's risk management philosophy is... ...Stanley is seeking an Analyst for the Risk Capital group,... ...counterparty credit risk for derivatives, cleared transactions, repurchase agreements... ..., risk data and metrics Quantitative/analytical background (e.g....Temporary workMorgan Stanley
New York, NY2 days ago$89.8k - $155k
...development. Our approach includes clear in-office expectations, while... ...job is responsible for conducting quantitative analysis for counterparty credit risk (CCR) that arise in the Global Markets... ...:Solid understanding of derivative products with broad knowledge across...Work at officeFlexible hoursDay shiftBank of America
New York, NY3 days ago$89.8k - $155k
...development. Our approach includes clear in-office expectations, while... ...job is responsible for conducting quantitative analysis for counterparty credit risk (CCR) that arise in the Global Markets... ...: Solid understanding of derivative products with broad knowledge across...Full timeWork experience placementWork at officeFlexible hoursShift workDay shift- Schonfeld in New York seeks an Analyst for the Systematic Strategies Portfolio Strategy and Risk team to conduct portfolio analysis, research, and risk management supporting systematic equities and macro platforms. You will build infrastructure to identify risk and alpha...
$89.8k - $155k
...development. Our approach includes clear in-office expectations, while... ...job is responsible for conducting quantitative analysis for counterparty credit risk (CCR) that arise in the Global Markets... ...Solid understanding of derivative products with broad knowledge across...Work experience placementWork at officeFlexible hoursShift workDay shift$125k
...producing data analysis tools for valuation and risk management across various business areas at Barclays. Risk Quantitative Analytics (Risk QA) As a Graduate in... ...People Leaders are expected to demonstrate a clear set of leadership behaviours to create an environment...Hourly payPermanent employmentInternshipVisa sponsorshipWork visaShift workBarclays
New York, NY21 days ago- JPMorgan Chase & Co. in New York seeks an Associate for Global Clearing Product Control to own daily P&L and monthly close processes within the Clearing Desk, delivering detailed financial analyses to desk heads and senior finance leaders. The role emphasizes cross-functional...
$100k - $140k
...markets. Role Roadmap As an Operations Risk Analyst, you'll help ensure the stability and... ...first point of contact for clients and clearing members experiencing operational issues... ...practices 1-2 years of experience in listed derivatives, repo, treasury, or OTC markets,...Local area$160k - $250k
...Quantitative ResearcherAbout MillenniumMillennium is a global, diversified... ...collaboration, disciplined risk management and continuous... ...cross-asset, or multi-asset derivatives research, especially tail hedging... ...research, communicate results clearly, and work independently in a...Millennium Management Corp
New York, NY4 days ago$150k - $250k
...About the Role We're seeking a Quantitative Analyst to research and develop trading strategies... ...opportunities Build statistical models for risk assessment and portfolio optimization... ...Knowledge of options pricing and derivatives Experience with alternative data...Full timeRapidtrade
New York, NY2 days ago- ...vehicles, seeking to deliver consistent, risk-adjusted returns to investors and long-... ...Description & Key Responsibilities The Quantitative Analyst will join the Engineering team in New... ...production processes end-to-end and communicate clearly with Engineering and Accounting...Work at officeLocal area
Balbec Capital
New York, NY4 days ago - ...global leading investment bank is hiring a Quantitative Analyst as part of its US expansion plans in... ...in particular building out an equity derivatives market making business in North... ...US market making desk Design and build risk and pricing infrastructure as part of...
Sartre Group
New York, NY5 days ago
Do you want to receive more vacancies?
Subscribe and receive similar vacancies to Quantitative Risk Analyst — Derivatives & Clearing. Be the first to apply!
Related searches
- quantitative researcher New York, NY
- entry level quantitative analyst New York, NY
- quantitative analyst New York, NY
- senior quantitative risk analyst New York, NY
- quantitative risk analyst New York, NY
- third party risk analyst New York, NY
- risk analyst intern New York, NY
- risk consultant New York, NY
- risk analyst New York, NY
- operational risk specialist New York, NY