Full-Time

Junior Quantitative Risk Analyst

Posted on 4/30/2024

Akuna Capital

201-500 employees

Provides liquidity as options market maker

Quantitative Finance

Data & Analytics

Fintech

Junior

Chicago, IL, USA

Required Skills

Python

SQL

Requirements

1-3 years of professional finance experience, or trading-related development experience
Python (or a similar language) experience, SQL experience is preferred but not required
Options theory and financial product knowledge
Numerical problem-solving and programming skills
Independent thinker, motivated with great attention to detail
Bachelor’s degree or higher, or equivalent qualification, in a quantitative field

Responsibilities

Work as a part of a small Risk team and alongside Developers and Analysts to build efficient and smart protections around Akuna’s trading
Collaborate with Developers to improve our risk infrastructure
Implement risk measures and automated reporting within that infrastructure
Develop new ways to quantify risk and performance measures, working with market and historical data
Assist in the setting, testing and monitoring of internal, exchange and third-party trading system and positional limits

About Akuna:

Akuna Capital is an innovative trading firm with a strong focus on collaboration, cutting-edge technology, data driven solutions, and automation. We specialize in providing liquidity as an options market-maker – meaning we are committed to providing competitive quotes that we are willing to both buy and sell. To do this successfully, we design and implement our own low latency technologies, trading strategies, and mathematical models.

Our Founding Partners first conceptualized Akuna in their hometown of Sydney. They opened the firm’s first office in 2011 in the heart of the derivatives industry and the options capital of the world – Chicago. Today, Akuna is proud to operate from additional offices in Sydney, Shanghai and London.

What you’ll do as a Junior Quantitative Risk Analyst at Akuna:

We are looking for a motivated and talented individual to join our growing Risk Department. This role is part of a major investment in measuring and controlling market and execution risks where you will work on new development projects at the intersection of trading, options theory and automation. This is a great opportunity for someone looking to grow and evolve with our firm! In this role, you will:

Work as a part of a small Risk team and alongside Developers and Analysts to build efficient and smart protections around Akuna’s trading
Collaborate with Developers to improve our risk infrastructure
Implement risk measures and automated reporting within that infrastructure
Develop new ways to quantify risk and performance measures, working with market and historical data
Assist in the setting, testing and monitoring of internal, exchange and third-party trading system and positional limits

Qualities that make great candidates:

1-3 years of professional finance experience, or trading-related development experience
Python (or a similar language) experience, SQL experience is preferred but not required
Options theory and financial product knowledge
Numerical problem-solving and programming skills
Independent thinker, motivated with great attention to detail
Bachelor’s degree or higher, or equivalent qualification, in a quantitative field

Akuna Capital

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Website

View Company Profile

Akuna Capital is an appealing place to work due to its specialized role in providing liquidity as an options market maker, using advanced low-latency technologies, trading strategies, and mathematical models. It consistently ensures competitive quotes in fast-moving markets, positioning itself as a leader in technological advancements and strategic financial operations. With a focus on continuous innovation in trade technology, this firm offers an environment conducive to growth and learning in finance and technology sectors.

Company Stage

N/A

Total Funding

N/A

Headquarters

Chicago, Illinois

Founded

2011

Growth & Insights

Headcount

6 month growth

↓ -3%

1 year growth

↓ -13%

2 year growth

↓ -2%

Benefits

Generous Paid Leave Policies - Vacation leave starting at 20 days per year that increases based on tenure, flexible sick leave, primary carer’s leave starting at 12 weeks, and volunteer time off.

Medical & Retirement Packages - 100% coverage of monthly premiums for employees enrolled in Akuna’s BlueCross BlueShield offerings and dental and vision plans, as well as a 401(k) plan with company match.

Wellness & Inclusion - Our employees have access to complimentary fitness and mindfulness events both in-person and virtually, as well as an in-building gym in our Chicago office. Additionally, our employee-led Culture Committee works together to continue building a healthy, positive, and inclusive work environment.

Continuing Education - We are proud to offer firm-wide classes through our Akuna U program, access to webinars, digital books, and case studies via Safari, opportunities to attend conferences, and tuition reimbursements to make sure you keep learning!

Social Events - We host happy hours, team outings and poker nights, sponsor a variety of employee-led clubs and sports teams, and offer volunteer opportunities to all employees.

Kitchen & Games Room - Catch up over a coffee made to order by our in-house barista and grab a bite to eat in our stocked kitchen, or challenge a fellow coworker to a friendly ping pong match in our games room!

Referral Bonuses - We want to reward you for helping us grow our awesome, hard-working team.