Head of Risk Business Management (f/m/d)

Founded 20 years ago and headquartered in Chicago, the DV Group of financial services firms has grown to more than 600 people operating throughout North America, Europe and Asia. 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.
DV is looking for an Operational Risk Manager who has worked close to a trading business, understands how trading controls operate in practice, and is comfortable independently investigating issues and driving work across multiple teams. This role focuses on market access and pre-trade risk controls, trading limit review and control testing, and operational/trading incident management, working directly with Trading, Technology, Risk, and Compliance.
Manage market access and pre-trade risk controls
Perform trading limit review and control testing
Manage operational/trading incidents, including independently investigating issues and driving work across multiple teams to completion
Prepare risk-related documentation and respond to information requests, reviews, and counterparty risk questionnaires
Work effectively with Trading, Technology, Risk, and Compliance
Support new trading businesses, products, systems, and regulatory initiatives
Improve and automate risk processes
Develop policies and procedures

Approximately 5–10 years of relevant experience in operational risk, trading risk, electronic trading controls, or a related financial markets role
candidates from larger financial institutions can be a fit if they have relevant experience supporting an electronic execution or algorithmic trading business
Strong understanding of market access/pre-trade risk controls, trading limits, control testing, and incident management
Experience preparing risk-related documentation and responding to information requests, reviews, or counterparty risk questionnaires is preferred
Bachelor's degree
Market access and pre-trade risk controls
Trading limit review and control testing
Operational/trading incident management
Ability to work effectively with Trading, Technology, Risk, and Compliance
Experience with clearing and executing broker risk questionnaires
Policy and procedure development
Experience supporting new trading businesses, products, systems, or regulatory initiatives
Experience improving or automating risk processes
Discretionary bonus eligibility
Medical, dental, and vision insurance
Employer Paid Group Term Life and AD&D insurance
Voluntary LTD, Life & AD&D insurance
Flexible Vacation policy
Retirement plan with employer match
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. It represents a good-faith estimate of the base pay we anticipate offering, with actual compensation determined by your experience, education, skills, and performance throughout the interview process. This role is also eligible for a discretionary bonus (at DV Trading's discretion) and DV Trading's benefits package, including the benefits listed above.